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DIGITAL TAX

WHAT EXACTLY IS MAKING TAX DIGITAL?

Making Tax Digital is a UK government initiative that sets out a vision for the 'end of the tax return' and a 'transformed tax system' by 2020. HM Revenue and Customs states that the main goal of MTD is to make tax administration more effective, more efficient and simpler for taxpayers. 

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Online software for Business records is becoming increasingly popular

The key advantages are:

  • Accessible anywhere with internet connection.

  • Accessible on most devices including PC, Mac, tablets and Smartphones.

  • Permanently backed-up.

  • Software updates are completely automatic.

  • Your accountants can sign on from their office to review your Bookkeeping and help you.

  • Manageable Monthly fees.

  • Most will handle PAYE/Payroll and vat.

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WHAT CAN ROUTE1ACCOUNTING LTD OFFER YOU?

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Accounting Tasks

Free Business assessment

Route1accounting Ltd will give you a free consultation appointment with one of our QuickBooks Advisors, who can advise you on the best way to either transfer your current accounting system over to the Quickbooks Platform or get you set-up and started on a new accounting platform. Of course, this will be completely structured to suit your full business requirements. As an alternative, we can offer you software packages in the form of Xero or Sage. After our initial consultation, we can discuss options and let you make an informed choice that suits you best.  

QuickBooks Set-Up

Route1accounting Ltd will setup your Quickbooks file and ensure it is optimised for maximum efficiency from the outset and that it promotes a professional projection to your customers.  It also gives us access to login remotely and update your bookkeeping, giving you real time access to your information. This will allow you to feel much more in control of your finances and upcoming tax liabilities. At Route1accounting Ltd, we can offer you discounts on set-up and packages with QuickBooks, which will get you up and running with minimal costs. 

What exactly is QuickBooks?

QuickBooks is an accounting software package developed and marketed by Intuit. QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions. QuickBooks accounting software provides tools to manage your customers, vendors, clients, inventory and finances. QuickBooks automates many aspects of managing your business by calculating sales tax, tracking products and automatically updating transactions in your register, customer and vendor areas.

What exactly is SAGE?

SAGE accounting software has become industry standard owing to the way it simplifies and facilitates a very diverse range of accounting tasks, allowing accountants and bookkeepers to work faster and more accurately. SAGE software can be used for everything from the simplest jobs to managing complex financial systems. A SAGE accounting system is a computerised package that has numerous facilities to process your financial information. The system collects your information, classifies it and then summarises the data in an accessible way to allow the user to view their financial information in simplistic terms.

What exactly is XERO?

Established in 2006, Xero is a web-based accounting system designed for small and growing businesses. Xero connects small businesses with their trusted advisors and provides business owners with instant visibility of their financial position. Xero is online accounting software that has been designed for small to medium sized businesses. It makes managing the financial health of your business more transparent, straightforward and fun.

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ROUTE1ACCOUNTING LTD OFFERS AND DISCOUNTS

Discounted Quickbooks Plus Package – the most comprehensive package, currently RRP at £27 per month, this is reduced to £15 per month when complimenting your Accountancy and Bookkeeping services with route1accounting. The first month of Quickbooks subscription free of charge, this allows you the opportunity to familiarise yourself with the software and ensure you are fully set up and ready to trade.

 

Whatever accounting software you choose to utilise, Route1accounting Ltd will have a discounted price to offer. We will assess your business needs and recommend a software accounting package to suit your requirements.

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For further information on software pricing packages, please contact our office and take advantage of our FREE consultation offer. Alternatively, please complete the form on the Contact Page.

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