Cloud accounting services

Xero, QuickBooks, Sage, FreeAgent and more!

Online accounting software has transformed millions of businesses worldwide, streamlining processes and saving time and money. Knowing which cloud accounting software is best for your business can be a challenge. While these apps are designed to be easy to use, how do you know that you are setting up your software in the best way for your organisation? That’s where our team of expert cloud accountants in Dunfermline and Edinburgh prove invaluable.

We will help you understand how cloud accountancy software can benefit your business and give clear advice on which package will best meet your needs. We will provide training to support your team in getting the most of the software, along with ongoing support as you embed it into your working practices. The platforms offer monthly plans to suit businesses with different requirements, many with optional add-ons to increase functionality.

Cloud accounting has the potential to make your business more efficient and profitable – and to save you hours of time each week. It provides real-time financial information, and whether on your phone, on the move, or on a PC in the office, you always see the same data, in the same easy-to-read format. The cloud solutions we support are all ‘Making Tax Digital’ compliant, helping with your HMRC obligations.

One major benefit is the ability to connect apps such as Dext and Auto Entry. These apps scan receipts and automatically read the information to upload to your chosen software. Another is the ability to manage sales from within the mobile apps, allowing you to invoice your customers on the go.

We partner with all major cloud software suppliers such as Xero, QuickBooks, Sage and FreeAgent. Each has unique features and attributes that work especially well for particular businesses. We avoid giving general advice and, instead, take the time to find out what each client needs, and how they work, before recommending the right package for them. Unlike some other firms, we do not recommend what is the most convenient package for us to use.

Xero – We are a Xero Platinum Champion Partner, which reflects our experience in using this popular online accounting software platform. We have also achieved –

  • Specialist Xero Migration status for expertise in switching clients to Xero
  • Specialist Making Tax Digital VAT READY status for expertise in helping businesses meet HMRC requirements for MTD for VAT
  • Xero payroll certified
  • Xero advisor certified

QuickBooks – Head of Outsourcing, Partner Elaine Cromwell, is a QuickBooks Advanced ProAdvisor.

Sage – Thomson Cooper is part of Sage’s ‘certified Sage expert’ programme and helps clients of all sizes optimise their Sage software.

FreeAgent – We are Silver Partners within the FreeAgent Partner Programme.

Get proper advice first time and avoid costly mistakes.  Our experienced team have a good working knowledge of all the platforms, apps and add-ons and can advise on the best solution for your business.

 

Making Tax Digital For Self Assessment 

Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is a new way for self-employed business owners and landlords to report earnings and pay Income Tax from 6th April 2024. It will replace the current system of annual Self Assessment tax returns. Those affected will have to submit four quarterly updates about their business income and expenses. At the end of the tax year, they will be required to submit an end of period statement (EOPS) and a final declaration. We provide advice and support to help clients prepare for this change so they can keep records digitally and plan for each submission deadline.

Free initial consultation

If you would like to speak to us and find out more about our cloud accounting services, please contact Elaine Cromwell at ecromwell@thomsoncooper.com or call 01383 628800. You can also find out more about our outsourced accountants / virtual Finance Director services.  Our initial discussions with you are free.

Accounting software training

We’ll help streamline your processes and get the most from your software and connected apps, saving you time and money. Learn more about our

Who to talk to

Elaine Cromwell

Partner

Talk to us

Contact us for a demonstration on Xero or other cloud software.