DIGITAL RECORD KEEPING / CLOUD ACCOUNTING
Guiding SME’s and owner managed businesses through transactions at every stage of the business lifecycle
What is Digital Record keeping / Cloud Accounting?
Digital record keeping also known as cloud accounting refers to managing your accounts using software accessed through the internet.
Traditionally, accounting processes relied on desktop-based software. With cloud accounting, your data is securely stored online and can be accessed from any device with an internet connection, offering greater flexibility and real-time collaboration.
In line with HMRC’s Making Tax Digital (MTD) programme, businesses are now required to use compatible digital accounting software. Adopting a cloud-based solution is one of the most efficient ways to stay compliant.
Our Cloud Accounting Services
Acuity is proud to be a Xero Platinum Partner — the highest level of partnership with Xero. This status reflects the large number of clients we’ve successfully helped transition from traditional accounting to the cloud.
Xero is a leading cloud-based accounting platform for small to medium-sized businesses. It allows you to share up-to-date financial information with your team, accountant, or bookkeeper anytime, anywhere, and on any device.
Learn more about Xero and Making Tax Digital.
We also offer FreeAgent as one of our core solutions for MTD compliance. Many of our clients particularly sole traders and landlords benefit from FreeAgent’s intuitive system and bank integration.
To simplify quarterly reconciliations, we recommend separating your personal and business bank accounts.
A major advantage of FreeAgent is that it’s owned by the NatWest Group (including NatWest, RBS, Ulster Bank, Coutts, and Mettle). If you bank with any of these institutions, you’re eligible for a free FreeAgent account.
Find out more about FreeAgent and MTD.
Explore Mettle business accounts.
Other Supported Platforms
At Acuity, we don’t limit ourselves to one solution. Our team are also experts in:
Contact Us
At Acuity, we will work with you to understand your requirements and advise on the most appropriate cloud accounting software solution and support for your business.
To find out what cloud accounting solutions are available for your business, please get in touch by emailing MTD@acuityprofessional.com