Cloud-based accounting

sage 50 Xero

Getting to grips with new technology can be daunting, but cloud-based accounting will save you time and money.

We work with all the main cloud-based accounting packages and can help you choose the right one for you and your business. Our switching service will free you from the frustration of learning to use new technology and a dedicated team member will train you, so you can get the best out of your cloud-based accounting system.

When we switch a client to cloud-based accounting, we guarantee minimal disruption and help them to use the software quickly and easily. Our fixed price options mean you can budget and manage your cashflow.

What do you get?

  • Review your existing data
  • Discuss implementation plan following data review
  • Software set up
  • Transfer data or enter opening balances
  • Input customer and supplier account details
  • Enter sales and purchase ledger outstanding invoices
  • Review chart of accounts
  • Create your email and invoice templates
  • Set up repeating transactions
  • Software introduction training
  • Email and telephone support
  • Identify need for further training
  • Chart of accounts set up
  • Bank feed set up - with connecting banks
  • Create a bespoke financial dashboard
  • Follow-up business review
  • Compliance with Making Tax Digital

Making Tax Digital

Making Tax Digital (MTD) came into effect on 1 April 2019. Initially this applies to VAT-registered businesses, with a turnover in excess of the VAT threshold, which are required to keep business accounting records in a digital format.

This requires the use of HMRC compatible and approved software to submit quarterly data to HMRC. The option to use the Government Gateway to submit accounting records will cease.

There are many different stages to be rolled out for MTD, which will eventually mean all submissions will be required in a digital format, from VAT returns to self assessments.

To make these reporting changes as smooth and painless as possible, we want to assist you and your business to transition from existing bookkeeping and accounting processes to digital connected accounting software. We are experienced in supporting clients in the transition from keeping manual accounts to digital software.


Software training

Does your accounting software cause stress rather than making life simple? Do you know how to access the right information for your business at the right time?

We know, understand and train our clients in all the most popular desktop and cloud-based packages. We are Xero Certified Advisors, however, we are happy to work with you on the software of your choice.

Many of our clients use cloud-based software, which means we can work more collaboratively with them. We can solve problems quickly and easily and our clients have a faster, clearer picture of their financials.

Training usually takes place over three to four sessions, with practical data entry exercises to complete between sessions.

Try a site search Tax return, dividends, pension, autumn statement...

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Company details

01243 776938

James Todd & Co, 1&2 The Barn, Oldwick, West Stoke Road, Chichester PO18 9AA
James Todd & Co, 16 Northgate, Chichester, West Sussex PO19 1BJ
Copyright

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James Todd & Co is the trading name of James Todd & Co Limited. Chartered Accountants and Registered Auditors. Registered No: 07350649 in England. VAT No. 322087875. ICAEW Firm Reference No: C002730145 and James Todd & Co (Lewes) Ltd (formerly known as Axtons). Chartered Accountants. Registered No: 11214467 in England. VAT No. 290460506. ICAEW Firm Reference No: C005791297

Registered to carry out audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Details of our audit registration can be viewed at www.auditregister.org.uk

Details of our Designated Professional Body (DPB) activities can be viewed at register.fca.org.uk. A member of the ICAEW Practice Assurance Scheme.