Do I Need Accounting Software?

You run your business day in, day out. You know the ins and outs of every part of your company. You feel amazing when a client signs a new contract or when a new staff member comes on board as you are growing. It’s your dream in reality, you’re living it. The last thing you want to add to the in-tray pile is figuring out which bookkeeping software you need to use, if any. There isn’t a black and white answer to the question of whether you need accounting software or not (unless you're VAT registered, in which case software is required by HMRC), but in the grey middle, we can tell you that we do use various software offerings and by trusting us with your accounts, they’re fully taken care of.

Here at Bruton Young Bookkeeping we are experts in a whole range of accountancy software. We work with the likes of Xero, QuickBooks & Sage. You may have heard of them, along with others. They are similar offerings, with different highlights. Some import your banking, credit card and PayPal transactions, others are HMRC recognised and there are even ones that have pop ups to remind you about your monthly VAT return deadline. Most offer a free trial, some have good offers for your first year. They charge you to use them though. Do your research! If you have software set up we can work directly on that for you. If you’d rather just send us receipts we can suggest our preference depending on your business and needs. Don’t forget that we offer a free bookkeeping spreadsheet for you to download here.

Some people don’t like computers or would rather a ‘person’ does their accounting for them. Don’t worry, we’ve got you covered. Modern day software simply makes everything easier. We still do your numbers but it’s a helping hand to make sure everything is kept on top of, is somewhere accessible and your figures can be easily submitted to the tax man. This helps us keep our costs low and things flow faster. Ultimately, for small businesses, accounting software should save you money.

What we like to do is keep everything paperless and completely online so that you can access information whenever you need. We use all of the popular accounting packages to carry out your bookkeeping and keep digital records. We’re talking VAT status, profit & loss reports and so much more, at your fingertips, whenever you need it. This means less paper storage for everyone! You can send us photos of your receipts via email, text message or even Facebook messenger. Maybe we can set up a Dropbox instead? Whatever works for you, works for us. We’re here to make things easier for you.

Whatever business you’re in, whatever type of company you have, don’t get too hung up on the bookkeeping side of things. Why worry about it when, for a regular monthly fee, you can have someone else worry about it, leaving you to the part of the business you love, the reason you created the business in the first place! Your bookkeeping, we’ve got this.