CLOUD ACCOUNTING.
Learn how to manage your money, be smart with your choices and take control of your finances instead of them controlling you.
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OLD HABITS DIE HARD
However times are changing and businesses need to change with them.
In the last few years, there have been rapid advances in cloud services, artificial intelligence, data management, IT services, and more that can make an impact on your business. There are now so many business solutions available that it can be overwhelming and difficult to decide on the ‘right’ solution for your needs. You want to make choices that let you focus on your core business, not on the technology that helps operate it. Through taking a new approach to financial management, you can spend more time on doing what you do best.
Our Cloud Accounting Service also ensures you are fully compliant with Making Tax Digital (MTD). MTD is an HMRC initiative that will mean you will need to keep digital financial records and submit these to HMRC. MTD is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs.
INTRODUCING XERO
Helping you to automate everyday business tasks, get up-to-date financials and run your business - from wherever you are.
Using Xero as your core accounting system gives you more flexibility over your accounts, a deeper understanding of your data and a huge opportunity to automate your finances. The world of finance is changing, and the beauty of this software is the flexibility it gives you to run your business from work, home, or on the go. You can be confident that you have an up-to-date picture of how your business is doing, no matter where you are. By using an industry-leading Cloud Accounting system you get instant access to the information you really need, putting you in complete control of your numbers and your business.
WHY CHOOSE US?
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TRAINING
We deliver an Eight Week Enablement Programme to all of our new clients. This means our specialist cloud team will be with you every step of the way during the set-up process, helping you to get started with your cloud service, providing full training and ensuring you are using it as efficiently as possible.
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EXPERTISE
Before we even send you a quote we will establish your core requirements to ensure the service that you receive will benefit your business. Going forward you will then be allocated a dedicated account manager who will work with you, helping you to run your business effortlessly. Not only that, our cloud team are always up-to-date with the latest add-ons that can support you, such as Futrli, Receipt Bank, Chaser, iZettle and Vend, helping you to streamline your business through automation and, most importantly, save time.
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VALUE
Cloud Accounting makes being compliant a whole lot easier whilst maximising your efficiency, which means you get more for your money, including:
- Real time management figures
- Forecasts
- KPI tracking
- Automated business processes
5 BENEFITS OF CLOUD ACCOUNTING
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Get a clear overview of your financial position, whenever you need it.
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Get paid faster with mobile invoicing and automatic reminders.
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Multi-user access makes it easy to collaborate with your team online.
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Save time on paperwork with automatic bank transaction imports.
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Combine payroll with your accounting software.
6 STEPS TO SUCCESS
1. Understand Your Data
Who is your best sales-person?
How is your cash flow performing?
Is your revenue pattern sustainable?
Monitor your key figures through access to up-to-date reports, giving you advanced real-time insights. Also, access instant forecasts and create ‘what if’ scenarios, allowing you to test business strategies and steer your business in the right direction.
2. Value For Money
We endeavour to inform you of the most common tax deductible expenses, ensuring that you are not paying more than you have to. With Cloud Accounting giving current and reliable information, we can complete your year-end accounts and VAT returns more cost effectively than ever before.
3. Architect Your Cash Flow
Reconciling your bank account on a regular basis is critical for ensuring your year-end accounts are correct. Therefore, we will ensure your account is reconciled on a monthly basis. This will also allow you to see your current cash position at any one time, enabling you to maintain and develop a stable and profitable business.
4. Your Time Back
Having all your accounting, bookkeeping and payroll needs taken care of in the cloud means you get a clear overview of your financial position, which you can access whenever you need to. With automatic updates too, you can finally spend more time doing what you love, winning new business and meeting your customers rather than getting caught up in 'the boring bit’.
5. Get Unlimited Support
Our service includes unlimited support and access to our Cloud Accounting team, who are available to answer any questions regarding the software or your finances. They will also advise on any add-ons that you can connect to your cloud package that might enhance your business efficiency.
6. Take Back Control
Say goodbye to manual data entry and confusing spreadsheets. We will post and reconcile all of your bank transactions (incl. cash and credit card transaction), purchase invoices and expenses on a weekly basis, allowing you to see real time financial information of your business whenever you need it.
CLOUD HELPSHEETS
- Making Tax Digital
- Best In Class: Cloud TechnologyThe solutions we offer in this document are those that are the most common and which we have tried and tested for our clients.
- Best In Class: Technology For CharitiesOne of the key themes within charities is how to best utilise digital in order to become more productive, efficient and increase the number of donations.
- Best In Class: Technology For RecruitmentThe solutions we offer in this document are those that are the most common and which we have tried and tested for our recruitment clients.
YOUR CLOUD CHAMPIONS
Suda looks after our dedicated team of cloud specialists in-house who are just waiting for you to pick their brains.
Suda joined Raffingers in August 1999 and became a Partner in 2008.
Prior to working with Raffingers, Suda trained with a large firm in the City of London. Suda manages a busy portfolio of clients, including owner managed businesses and UK subsidiaries providing audit, accountancy and business advisory services.
Suda has a hands-on approach to all his business start-ups, guiding them through their tricky growth phases. He also helps in not just giving accounting and taxation advice, which is essential, but also provides advice on setting up systems and sourcing finance, if required.
Claire started at Raffingers as a Cloud Manager in April 2019. She graduated from university with a first degree in Accountancy and Finance and now helps Recruitment business owners implement technology into their businesses in order to help them stay on top of their numbers and streamline their processes.
Danielle is our Cloud Manager, and is currently studying AAT Level 4. Danielle started her career at a larger practice and was there for 5 years where her role involved everything from VAT Returns, Tax Returns, Y/E Accounts to Service Charge Accounts. Danielle now specialises in helping to transform property businesses through the power of Xero, and will help ensure that your property business is up to date with third-party apps designed for property businesses.
Emma joined Raffingers in 2015 as an Admin apprentice. She then moved into the Cloud Department and since then she has become one of our Cloud Team Managers. With a real passion for the job, Emma loves working directly with her colleagues and clients. She specialises in most Cloud Softwares and will be able to assist with any bookkeeping, VAT or financial queries you may have, along with any advisory support you may need.
Emma now specialises in helping Property and Charity Businesses embrace the world of Cloud technology. From your accounting to productivity; discover how to embrace technology at a time where it is more important than ever before.
WHAT THEY SAID:
We talk the talk and walk the walk.
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The reports that we receive monthly provide us with the essential real-time data that we need to stay on-top of our business finances. Outside of an exceptional service, the team are great to work with and a great asset to my business
Conan Mulvey, Director of Radley Green -
My online business generates income from many online revenue streams worldwide in different currencies for both physical and digital sales therefore it’s a complex set-up. 5 years ago I searched for an accountant that could help simplify and automate the process as well as assist with VATMOSS and ultimately save my admin time. Raffingers are proficient in Xero and with a mix of Xero (cloud accountancy platform) and personal expert assistance my accounts are completely streamlined.
George Pallecaros, Managing Director of Soccor Tutor
THE RAFFINGERS HUB
We love to talk business and will continue to share with you our business advice and tax planning strategies, helping you to get the most out of your business and your personal finances.
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What's Going On With Making Tax Digital? Making Tax Digital (MTD) was first introduced in April 2019 for most VAT registered businesses with turnover exceeding the VAT registration threshold of £85,000. We look at all of the requirements and criteria of MTD, that are fast approaching.
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Emma Cohen Shortlisted For Best Digital Rising Star Emma Cohen, of Woodford based accountants, Raffingers has made the top 10 shortlists for ‘Best Digital Rising Star’ at the Digital Accountancy Awards. Organised by the Digital Accountancy Show.
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Dext Prepare - Cloud Invoice Processing Software Many businesses have made the transition to the cloud and with employees and business owners working from home, it has lead to an increase in expense claims. Due to this increase, the software Dext Prepare has grown in popularity and here is why...
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Should Your Business Accept Bitcoin Payments? Raffingers Partner, Suda Ratman, talks about the rise of the crypto currency Bitcoin and what businesses should take into account before making the revolutionary decision of embracing it as a payment method.
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