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Online Accounting Software

Over recent years, online accounting has taken the world by storm. Accessible online platforms have handed control back to business owners, allowing them to take control of their money like never before.

When you sign up to a monthly subscription with Lumbview Accounts, you will get access to our online accounting software as well as the expertise of our support team of professional accountants. Read on for more information about using our cloud accounting services or contact us to speak to an accountant.

What Is Online Accounting?

Modern technology has changed accounting dramatically, and nearly always for the better. Moving accounting online has been one of the biggest changes to financial services and has forced everyone to reconsider how they run their accounts.

Online accountancy platforms are extremely powerful tools that give users various options to manage their cash flow, records, personal tax, and much more. By using remote access online accounting software, businesses avoid having to buy pricey programs for their office. Instead, a small subscription fee covers everything they need.

Online accounting is the simplest way to manage your business finances, allowing you quick access to information wherever you are in the world. With banks also focussing their attention on mobile and online banking, it’s never been easier to take control of your finances.

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Why You Should Use Simple Online Accounting Software

Access to the latest technology

Even though cloud-based accounting software is very accessible, it gives users a selection of powerful financial tools. With these features, you can achieve far more than you would with a simple spreadsheet without hiring professional help.

Online accounting software is constantly evolving and improving. Having a subscription to an online accounting service will ensure that your financial management keeps up with the times. Remote accounting platforms are regularly updated with extra functionality at no extra cost to the user.

Save money

Compared to standard accounting software that a business can purchase, online options tend to offer much better value for money. They typically use a subscription plan, which asks small business owners for a monthly fee to access their range of accounting tools.

This fee is nearly always very affordable, and users are free to end their subscriptions at any time. As a result, online accounts services are extremely flexible. You’ll never find yourself having to sign up for a 12-month contract before you’ve tried out the software.

Take control

Ultimately, online accounting gives business owners the chance to retake control of their financial information and business expenses.

The online accounting software’s intuitive and easy-to-use nature means anyone can be their own personal accountant. With the click of a button, business owners can complete tasks that would typically take up a ton of their time.

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Among our friendly team, you’ll find many chartered accountants who are experts in the online realm.

As our client, we’ll provide you with the necessary training to get the most out of cloud accounting software. We’ll work alongside you as you get up and running with your software, with experienced professionals always on hand to offer advice.

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Online Accounting Helps Small Businesses Get Off The Ground

Online accountancy is just one of the ways in which our team at Lumbview can help propel your business towards success. We also specialise in forecasting, payroll management, bookkeeping services, and much more.

Our team has years of experience across all these areas and would be delighted to partner with your business.

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Book an Accounting Software Demo

If you’d like to learn more about online accountancy or any of our other services, feel free to get in touch today. You can reach online, call us on 0161 793 9737, or visit us at our office in Swinton.

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Frequently asked questions

Online Accounting FAQs

What is the cost of online accounting services?

Using remote accounts services is one of the most cost-effective ways to access professional-standard accounting. It is much cheaper than buying software for your business, and with regular online updates, you’ll always have access to the latest financial tools.

Online accounts platforms usually charge a small monthly fee (£20 or less) to use them. However, the real value emerges when you use remote accounting alongside a professional support team such as Lumbiview. We can help you truly get the most out of an online platform whilst offering a wide range of professional financial accounting services when you require them.

Where can I find remote accounting services?

There are a wide variety of remote accounting platforms out there, and each has its benefits and drawbacks. At Lumbview, we work closely with a trusted online partner and encourage our clients to enrol with them for their remote accounting packages.

To find out more about our online accountancy services, don’t hesitate to get in touch.

You can send us a message via our contact form. You can also give us a call or visit us at our office.

Is cloud accounting software secure?

We completely understand that small business directors may be nervous about moving their accounts online. There is little reason to worry, though – remote accounting is considered to be extremely secure, and the platforms are trusted by businesses and financial teams across the world.

What’s more, online accounts platforms are constantly refreshing their security protocols to stay up to date with new demands.

Should I use cloud accounting services?

If you’re running a small business, then cloud accounting is always something to consider. It’s a cheaper alternative to in-house software or a professional accountant and can cut your bank account admin down to just a few minutes every day. It’s especially useful for preparing tax returns for HMRC and Companies House.

This doesn’t mean that it’s the perfect solution for everyone. Hiring a dedicated accountant offers several benefits that online services can’t replicate, and many people would prefer to have a bespoke accounting setup for their business journey.

If you’d like more advice on whether online accountancy is for you, be sure to contact us today.