What are online accountants?
The term online accountants usually refers to accountants that provide their services using a variety of online software. They are normally doing the bookkeeping and accounts preparation in accounting software like Quickbooks or Xero and using a variety of third party apps to supplement them.
This can be a very cost effective way to run an accountancy business if it avoids the necessity of having a physical office and you can make use of online software. This software can also mean that you can often manage the accounts in real time and provide a high quality service to clients that is cost effective.
In the world that we live in post-covid that would seem to be a practice that will become more popular. That day to day work for an accountant can be done remotely using online software. The rise of the so-called cloud accountants will only continue.
Will I still get the same work?
Online accountants generally are able to provide the same services such as tax returns and accounts as traditional accountants. Providing these to a range of businesses from self employed sole traders to limited companies. It is the same work, it is just done differently and more efficiently.
It is the software and the automation that they bring that can do a lot of the heavy lifting and processing of the data.
Generally the term online accountants will mean that the accountants are just being more progressive in the way that they are doing the work and that the time savings that automation brings they can spend it on other work for clients. Helping them grow and get their business organised in a way that is more efficient. .
What is different about online accountants?
Using online software brings efficiencies for the client and also the accountant. It frees up time to spend with the client. To understand their business better and to see different ways to analyse their data.
The accountants will generally want to offer more to the client rather than just doing the tax returns and accounts. They will offer business advice, cash flows and be able to help them with business plans. This time and the way that the data can be analysed quickly will give them access to more ways to help your business and to find ways to help you grow.
So a cloud accountant will be able to do more than just do your accounts they will be business advisers as well
What are Pisces?
Like other online accountants we use technology to help provide our services to clients. We use Xero, Freeagent and Quickbooks along with third party apps like Dext, Practice Ignition and cashflow apps like Float and Futrli.
We see the online software to be a way to give our clients a better service to be able to give them more help with their business and to help serve their needs better.
The software and apps themselves need to be interpreted. We see that as one of the things that we do for our clients. We see our services as being personal and interactive. You are paying for our skills and expertise in preparing the accounts and giving you the advice to help your business grow.
We are Pisces
We like to make use of the technology that we can. We use Zoom and it is a great tool to enable us to use for meetings online and to speak to our clients quickly to help resolve their problems.
But the essence of being with an accountant is to have face to face meetings. To be able to spend time with them and for them to get to know you and your business. When we get to know you we can give you better advice and we can see how we can help you grow and have the freedom that you want in your business.
So even if you are local to us in Sheffield and South Yorkshire or in any part of the UK if you need our help we will try to get to see you and resolve any problem that you have.