How accounting software helps you work with your accountant

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Accounting software isn’t just for accountants! Sharing accounting software with your accountant is an easy way to make sure they have the information they need to get your accounting done, while you get useful tools to help you run your business.

Integrated tools to run your business

Whether you do your day-to-day bookkeeping yourself or use an accountant, many accounting software has several integrated tools to help you run your business.

Online invoicing helps you get paid the easy way. Create, send and track your invoices online, and get paid with our Stripe integration. Integrated expenses are a simple way to manage expenses if you have employees. If you’re a limited company director, you can also manage directors’ payroll in the same place as your accounting.

While you do the important parts of running your business, your accountant has all the information they need to record your transactions easily. If you do your bookkeeping yourself, then you won’t need to switch between software to record your transactions.

Automated bank feeds to import transactions

Automated bank feeds are a convenient way to get your bank transactions into your accounting software without missing anything important. Bank feeds automatically import your bank transactions, so all you, or your accountant, need to do is record them.

If your accountant is doing your day-to-day bookkeeping or helping you prepare for a tax return, setting up bank feeds can help make the process run smoothly.

Receipt capture apps to keep the right records

It’s important to keep the right accounting records and to do this your accountant will often ask you for receipts and other documentation.

Everything in one place makes tax returns easy

When you already have your transactions, receipts, invoices and other financial information in the same place tax returns become much less stressful! Your accountant won’t have to chase you for last-minute information, and you could even submit your Self Assessment tax return early for peace of mind.

Benefit from advisory services

If you’re doing your invoicing, uploading receipts, and running your business regularly using the same accounting software as your accountant, they will be able to give you an up-to-date picture of your business.

Along with interpreting reports to help you understand your finances, accountants can offer really valuable advisory services too. For example, tax advice, guidance on how to optimise your finances, help with budgeting and other tailored services. If you’re interested, check with your accountant to see how they can help you manage your finances.