Green Accounting for Small Businesses in London

LONDON - June 13, 2014 - PRLog -- A leading North London accounting firm has announced that it is using revolutionary online-based accounting software packages and technology in order to reduce their and their clients’ carbon footprint, while providing a more pro-active service to their clients and enabling clients to make better, quicker and more informed business decisions

Chartered Accountant Online based in Alexandra Palace has announced how they and their clients are drastically reducing their impact on the environment by using award winning software, which enables easy access to financial records at any time, whenever and where ever they have access to the internet.

Online accounting, or cloud or web-based as it is sometimes referred to, is considered by many to be the way that the accounting industry is heading because it enables businesses to keep a constant eye on their company’s financial position without having to install costly and bulky software directly on to their computers. It also reduces the need to print off documents and send them by post.

This move demonstrates Chartered Accountant Online's commitment to be friendly to the environment whilst providing a high level of service to their clients, as they can now talk to clients and update records in real time without having to wait for clients to send in reams of paperwork via snail mail.

All the records held online are stored behind state of the art encryption that prevents data from being accessed or passed on without the user’s permission. Users can send invoices via email at the click of a button, thus reducing cost to the business and the environment.

Speaking about online accounting Tom Trainer, Partner at Chartered Accountant Online, said:

“We use online accounting because it reduces the carbon footprint, and although there are some variations across the accounting software packages available in terms of price, built-in functionality and add-ons, they are in general easy to use. Business owners don’t require any accountancy training to use the client side of the online accounting software, but the software is sophisticated enough to enable accountants to extract the information and data required to meet statutory requirements and review the business position to provide quality advice and recommendations.”

He went on to say:

“We are familiar with, and have tried and tested market leaders such as Xero, Clear Books, Kashflow, Sage and Quick Books. We review a business and based on the business type, size, operation and client requirements, we recommend the most appropriate solution.”

“In addition, we use electronic signatures to save paper and time, and virtual meetings whenever possible to reduce the need for, and pollution caused by, physical meetings.”

Online accounting gives business owners a level of control and flexibility not available with desk-top accounting. They can access vital accounting information, such as how much tax or VAT is owed, any outstanding payments, current profits etc at any time.  This enables quicker and better informed business decisions, while negating the need to print and send off paperwork, wait for a review or travel to a meeting.

What online accounting ultimately does, besides providing small business owners with flexible  control over their accounting, while saving them time and money so they can focus on what they do best which is running their business, is provide an environmentally friendly solution to accounting.

For further information please contact Tom Trainer, Chartered Accountant Online, 0208 133 9876, tomtrainer@charteredaccountantonline.com, http://www.charteredaccountantonline.com