TaxKings strives to make tax and accountancy digital for all clients. Get to know why cloud accountancy matters and how your business can benefit from a modern tax approach.
TaxKings are leading cloud accountants. We can't recommend moving your bookkeeping online enough. The “cloud” provides flexibility, clarity and our expert advisors the chance to monitor your records better. Moving to the cloud helps clients save money as it provides a clear view of how businesses are handling tax and cash flow.
If you're interested in learning more about cloud accountancy, we're more than happy to talk about it. Get in touch and see how TaxKings can put your company in the cloud.
At TaxKings, our cloud-based approach not only keeps data secure. It also provides cheaper alternatives to traditional accounting. Get an idea of how much cloud accountancy would cost your business by talking to our advisors.
It is no longer good enough to simply keep your financial data insecurely stored on a single computer. All it takes is one mistake or hardware failure for your information to disappear. With cloud accounting, data is held in multiple locations and simultaneously updated. If one location has an issue, others still have your finances saved.
Cloud accounting keeps information encrypted and out of the hands of outside sources – even if outside sources did acquire this data, the encryption would make it impossible to make sense of.
Imagine you, your team, and your accountant have instant access to update financial information at any time. Whatever expenses or capital gains you might incur can be taken into account instantly. No more keeping a note of what is going on with your money and periodically passing it on to your accountant. Cloud accountancy helps you make changes instantly, creating a new degree of efficiency.
There is nothing more frustrating for a business’s finances than finding out that a mistake made some time ago has severely affected the figures at a later stage. This is easily avoided with cloud accountants who can see these changes happening in real-time and amend any mistakes quickly. Since data updates instantly across all devices when changes are made, errors are much more likely to be spotted and fixed.
Cloud accountancy creates real-time reports and statistics, which can be accessed at any time to make financial decisions. The nature of cloud accounting software also makes it that much easier to manage transactions between multiple companies and exchange rates between different currencies.