We have been watching the market for cloud based accounting systems develop over the last three or four years. In our opinion, these have been either clunky and not very user friendly or overly developed and quite fussy – but all were very expensive for the benefit they offered. We spent a lot of time trialling some of the newer cloud based solutions.
We were looking for something that allows us to gather the information we need to keep your accounts up to date in real time ready for the journey towards Making Tax Digital without involving you in lots of extra work. A few made the short list and it was unanimous after the Sage One trial that in our opinion, this is the package that offers the best solution for you and for us.
Sage One offers a bank feed facility. With a few clicks, your business bank transactions will feed into Sage One – you will have access and so will we. We won’t be able to view any security details or make any payments or the like – it is just an electronic view of your bank statements. Online banking is a requirement for the set up of the bank feed but we don’t want and will never ask for any of those details.
Sage One will allow you or us to enter your invoices and allocate payments from your bank account to the correct categories. It will also accept your expenses via our app and so, in theory, there will be no nasty surprises at the end of the year. Any queries or issues can be dealt with at the time rather than maybe a year later when it’s too late.
On all our service levels we will offer you a free login to sage one. Some of you may choose to input the data yourselves and others would prefer for us to do so or somewhere in between, whatever suits you best we can accommodate.
Once you sign up to us, we will give you access to our app which will allow you to add in your travel and expenses as you go, or on a monthly basis. The app talks to sage and will post your entries directly to your sage on account. We will also provide you with our guide on how to get the best out of sage and the app.
If you currently use other accounting software, we can of course work that too!