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Are Accounting Systems Becoming A Necessity?

By July 28, 2017Blogs

Although it’s simple to calculate taxes, payroll and any other finances in your business using the manual route, it isn’t the best option. Computerised accounting systems are almost becoming compulsory for businesses to help them save money every day, so why are they now so vital in the UK?

Coleman & Co have years of experience working with computerised accounting systems and the professional tools to keep your business’ finances in check. If you require help monitoring your finances, our team will provide you with the correct systems and solutions.

Usage For Every Process

So many people are investing in computerised accounting systems and one reason is because it is great value for money for every business. It won’t just be a simple tool that you use once a month to pay your staff as we understand a specialist system might not be needed for this scenario. Accountant systems can be used for:

  • Payroll
  • Taxation
  • Invoices
  • Forecasting
  • Cash flow Management
  • Budgeting
  • Expenses

The great thing about these systems is that they can be used for every task in your business that involves money! Whether this is keeping record of all your payments and invoices or calculating the tax deduction for payroll and payments to the HMRC, our systems will help with EVERY process.

They Never Make Mistakes

Unlike you, me or any of your employees, computers don’t seem to make mistakes, especially when handling money. Nobody ever wants to be losing money or making incorrect payments on a consistent basis – Accounting systems will remove these worries.

Once the initial information has been put into the systems, you will be able to use it anytime, on any device you choose. These means if you need to make a quick payment or check finances on the go, you can do this with ease. Finances are crucial for every business and having easy and instant access around the clock can help you manage finances more effectively and cut out any mistakes that might occur.

Improving Systems

Our accounting systems are provided by Sage, a leading brand in the accountant industry for their systems. These accounting systems will always come with updates and improvements to make managing your finances as simple as possible. On the 25th July 2017, Sage invested in Intacct, a company making over $88 million to continue the growth of their business.

CEO of Sage, Stephen Kelly, stated, “Today we take another major step forward in delivering our strategy and we are thrilled to welcome Intacct into the Sage family.” Coleman & Co are proud to supply these systems throughout Lisburn to those who need it. We can provide training and details about the systems, whilst helping you to use them as the system also improves.

Cost-Effective Method

Not only could you make a mistake that costs your business a lot of money, but this could amount to more than the cost of accounting systems. We will provide you with the installation of the right systems into your building or to be used off-site. Once installation is made, it can be shared across all the devices you would like it to be used on.

If you decide it would be best to outsource your finances to Coleman & Co, we can still keep you updated with every detail of your finances – Without the hassle and time consumption you would usually have.

Information is always accessible to you and you can make changes whenever you require. We will effectively monitor finances ensuring no mistakes are made with payroll, taxes and any transactions.

Follow The Trends

You might not want to seem like a sheep, however many of the trends that occur in today’s digital age are actually very useful. Following the trends can be the best way to find out how to improve your business, providing you with handy tools to manage your business more effectively.

People are turning to accounting systems more and more everyday as they are becoming an integral part of keeping finances accurate and secure at all times. Should you?

Contact Us

Every business should be using professional accounting systems to monitor their finances, especially if you have a large amount of staff to look after. Make sure your business is never at risk of errors and get in touch with us today on 028 9266 3599 for installation of high-quality systems in Lisburn.

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