What software is available to help you to manage your accounts?

In today’s technologically driven world, software plays a huge role in how we manage our businesses, especially when it comes to its finances. With the government’s Making Tax Digital (MTD) program still forging ahead towards their extended deadline of April 2022, making the transition to compatible accounting software is a must. But what software is available to help you manage your accounts?

Here we take a closer look at the accounting software currently accessible, as well as explore which option is best for your business.

The benefits of using accounting software

Today’s accounting software is smart and scalable, which makes it suitable for use across businesses of all sizes and niches. When used correctly, accounting software unlocks several plus-points, making not just general accounting simpler but enabling you to create invoices and quotes at the touch of a button.

As a result, accounting software can save businesses time and money, improve productivity, boost accuracy, facilitate increased financial flexibility, and enhance the security of this rather sensitive company data.

Using accounting software will also stand you in good stead for the previously mentioned Making Tax Digital deadline. The government initiative is aiming to digitalise tax administration for all VAT-registered traders by April 2022 as well as self-employed professionals and landlords by the following year.

Your accounting software options

There’s a long list of accounting software options, which can make choosing the right software for you particularly difficult.

There are both free and paid software providers available for use by UK businesses. Those looking to grow their business drastically over the coming months will find Sage a great, scalable platform. Businesses just starting out or with tighter budgets will see their money go a lot further with QuickBooks and FreshBooks. If you are more technically minded and would like to keep a closer eye on the reporting and analytics that go hand-in-hand with your finances, then give Kashoo a try.

Why do it yourself?

Thanks to our free and comprehensive service, you don’t have to manage your business accounts alone.

Here at Look4 Accountants, you can find the perfect accountant with the right skills and for the right price in the right area right here! Our accountants use the latest professional accounting software on your behalf, so you can concentrate on other areas of your business.

Start your search for a reliable and reputable accountant today.