Member Since: 6th Jul 2018
Ash Beetson Bookkeeping
11th Dec 2018
For many accountants and bookkeepers that already check a VAT return and submit I really can't see that any more time will be taken up. Clients moving to cloud, generally means time savings on bookkeeping and ultimately a lot of time saved on the preparation of year-end accounts. I guess a lot of accountants may take MTD as an opportunity to increase fees, but it should not be necessary. Ultimately (while not immediate), a lot of time savings will be made that will equate to an increase in hourly rates for those that have fixed fees in place for monthly/quarterly services.
6th Jul 2018
In order to get clients on board for cloud accounting you need to point out all the benefits of doing so. There are so many benefits for both the accountant and client, but some people just need to have their eyes opened a little.
You will always get some that are reluctant to change, but with "Making Tax Digital" upon us, some businesses will end up with little choice. They need to think about changing thier ways.
I used to provide my clients with a bit of free training and this time spent paid for itself quickly. I wouldn't accept a new client unless they were prepared to use QuickBooks OnLine. I even said goodbye to a few because it was not cost effective for me to work on thier own desktop files.
I'm surprised anybody would pay £800 a month for cloud accounting software. I have wound my practice down while I concentrate on training and consultantcy. I had over 50 clients on QuickBooks OnLine and my monthly bill was not a third of that figure!