Cloud Accountant Plans
Cloud Based Accounting Plans
Finance Equation are award-winning, ACCA regulated chartered certified accountants and tax advisors. We provide cutting-edge Cloud based accounting plans throughout London, Ilford and Essex.
Cloud-based accounting has transformed the way businesses manage their finances. Thanks to cloud accounting you can now keep all your business books online, including your income, expenses and tax.
The experts at Finance Equation Ltd will help you choose from a small selection of the very best cloud accounting software packages. Our support ranges from guiding you through the subscription and set up process, to helping you put your books online and linking your business bank account with your chosen software. No matter which level of support you require, we have a plan that will suit your needs.
There are many advantages to switching to cloud-based accounting, the most significant being the amount of time and money saved once your business books have been moved online. Further benefits include:
- The synchronisation of data – Automatic synchronisation of all your financial data from your bank to your accounts
- Scalable software – Automatically update your software and add to your features without the need for physical installations or hardware upgrades
- Up-to-date security – Automatic, remote backup of crucial financial data on secure servers
- Accessible data – Allow your employees and colleagues real-time access to business data, at work, home or on the go
- Compliance with legislation – Streamline tax payments, payroll and bill payments to ensure you meet your legal obligations.
Synchronisation of data
Once your books are uploaded into your cloud software, you can automatically synchronise your financial data with your bank. This data can also be shared with third-party applications or between departments within your business. This feature removes the need for the transcription of your purchases, sales or expenses, saving you time and money.
Scalable software
The level of flexibility provided by cloud accounting software means updates are automatic and infinitely scalable. Rather than installing and running new applications on a computer, you can pay for software via a monthly subscription, including additional applications and features as needed.
Up-to-date security
Data security is a top priority for most small businesses, but cloud software has been designed to make it safer and easier than ever to store your information safely. All of the software supported by Finance Equation Ltd has been carefully vetted to ensure your data is stored on secure servers protected by advanced encryption technology. The virtual nature of the cloud also removes any risks associated with physical data storage; if your laptop is stolen or there is a fire in your office, you can rest easy knowing your data is safely stored off-site.
Accessible data
Remote working is now commonplace among UK businesses. One of the merits of cloud accounting is the ability for you and your staff to access the software from work, home or even while travelling. You can provide any of your colleagues or employees with access to real-time financial data at any time, without the need for emails, USBs or additional applications.
Accessible data
Remote working is now commonplace among UK businesses. One of the merits of cloud accounting is the ability for you and your staff to access the software from work, home or even while travelling. You can provide any of your colleagues or employees with access to real-time financial data at any time, without the need for emails, USBs or additional applications.
Compliance with legislation
Government legislation such as Making Tax Digital requires businesses to provide up-to-date financial data at various times throughout the year. By using cloud software, you can ensure you are always compliant by sending automatic accounts to the right government department whenever required. Cloud accounting can also handle payroll data to ensure wages, National Insurance (NI) payments and employee tax payments are simplified.
Cloud Free
Small Cloud
Medium Cloud
Big Cloud
Cloud Free
From £30 per month + VAT
For the small self-employed person, generally suitable for very simple businesses with a turnover of less than £18,000. Designed for those who want help to keep on top of things with the tax man and pay as little tax as possible.
Key service benefits
- Completion of self-assessment / Annual Tax Return
- Free tax health check
- Making Tax Digital Compliant
- Free advice on how to keep your accounting records for minimum time and stress
- Phone & email support
- Basic VAT planning advice
- Basic Tax planning advice.
Small Cloud
From £65 per month + VAT
The small cloud is designed for the self-employed, smaller limited company and start-up. This plan gives you all the accounting and tax basics as well as reduce the stress of admin
Key service benefits
- Completion of Annual Statutory Accounts
- Annual Statutory Accounts submission to companies’ house & HMRC
- Corporation Tax return preparation & submission to HMRC
- Completion of company annual return
- Payroll for 1 Director
- Submission of self-assessment tax return for 1 director
- Choice of Xero or QuickBooks cloud Software & 30 days free Online Training
- Free set-up of Business Bank Account linkage onto the cloud platform
- Free review of add-ons available to support your business
- Free tax health check
- Phone and email support
Medium Cloud
From £150 per month + VAT
The medium cloud is designed for the smaller limited company and start-up with ambitions of growth. This plan gives you all the accounting and tax basics as well as reduce the stress of admin. In addition we provide you no nonsense reports that will help you to grow.
Key service benefits
- Completion of Annual Statutory Accounts
- Annual Statutory Accounts submission to companies’ house & HMRC
- Corporation Tax return preparation & submission to HMRC
- Completion of company annual return
- Payroll for 2 Directors
- Quarterly Management Reports
- Discounted Quarterly VAT Returns – From £50/Qtr
- Self-Assessment Tax Returns for 2 directors
- Dividend Vouchers for Shareholders
- Choice of Xero or QuickBooks Software & 30 days free Online Training
- Free set-up of Business Bank Account linkage onto the cloud platform
- Free review of add-ons available to support your business
- Free tax health check
- Phone and email support
Big Cloud
From £375 per month + VAT
The BIG cloud is designed for the established limited company with ambitions of growth. It’s like having a qualified Chartered Certified Accountant as part of your business. This plan gives you all the accounting and tax basics as well as reduce the stress of admin. In addition we provide you no nonsense monthly reports that will help you to grow. Business loan Lenders like companies that use cloud accounting software, it tells them you are serious about your business success.
Key service benefits
- Monthly management report designed to fast track your growth plans
- Quarterly cash flow forecasts & planning
- Completion of Annual Statutory Accounts
- Annual Statutory Accounts submission to companies’ house & HMRC
- Corporation Tax return preparation & submission to HMRC
- Completion of company annual return
- Payroll for up to 5 employee’s
- P11d Preparation
- Annual tax planning review
- Annual Budgeting set up
- Free flat rate Quarterly VAT Returns
- Self-Assessment Tax Returns for 2 directors
- Dividend Vouchers for Shareholders
- Choice of Xero or QuickBooks Software & 30 days free Online Training
- Free set-up of Business Bank Account linkage onto the cloud platform
- Foreign currency bank accounts
- Free review of add-ons available to support your business
- Company Secretarial
- Transfer of data from your existing system to the cloud.
- Dedicated Client Manager
- Unlimited Phone and email support
To transform your business call us to discuss which plan is best suited to your business needs. We will provide you with full costings and illustrations of benefits. Call now on: 020 3086 7472.
Note – there may be additional fees depending on software and add-ons required for your specific business needs. Cost are always agreed upfront and transparent.
Finance Equation Ltd are multi-award-winning Chartered Certified Accountants providing cutting-edge expert services to individuals, property investors, businesses and contractors.
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The Finance Equation Ltd is a company registered in England & Wales. Company number 05116983. Business address: Finance Equation Ltd, 334 Ley Street, Ilford, Essex, IG1 4AF.
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