If you’ve been using spreadsheets to manage your business accounts but want to take your financial management to the next level or prepare for “Making Tax Digital”, good accounting software makes all the difference.
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Accountancy packages perform a range of accounting and bookkeeping functions to enable you to keep accurate accounts, storing your financial information in one place and helping you to manage the data effectively.
The range of tasks available varies depending on the package, but common features include recording and categorising transactions, recording expenses, managing payroll, submitting accounts, running financial reports and connecting directly to your business bank account.
This range of features offered by accountancy software means they offer many and varied feature benefits and can provide advantages to businesses:
When you begin researching accounting packages it can seem overwhelming to decide which of the many available is best for your business.
Beware of lots of “bells and whistles” you pay for but never use. Here are some considerations to narrow down the options:
The number of users and skill levels is important.
The package should suit users who aren’t professional accountants but need to produce legally compliant accounts.
Smaller businesses may have less complex needs than larger organisations; retail businesses may value stock control function more than a business consultant, for example.
There are some basic accounting requirements for all businesses but, beyond that, it comes down to individual needs. Pick a package that meets them without being loaded with unnecessarily features.
Don’t just buy for now, consider your plans for growth and how the new software will support your business in the longer term.
If the package isn’t user friendly, staff will be reluctant to use the software and your business won’t benefit fully. You may also have to invest more in training or hiring an expert user.
This will also determine which accounting packages are available to you, so it’s important to understand any hidden costs in set-up or running the package.
Will the package meet HMRC and other legal requirements for business accounting, especially as “Making Tax Digital” is being rolled out by HMRC.
For small businesses in the UK there are several accounting packages that prove popular with users.
Each has something slightly different to offer but all are aimed at smaller businesses and support users with limited accountancy experience:
No matter what sort of software you use, you need the right expert support to help you get the most form it.
At Syn-Star we work on a daily basis with our partner clients to help meet their IT needs, including finding the right software, installing, training and maintenance.
We know there’s no “one-size-fits-all” solution and we work closely with our partners to understand their business needs and give tailored service.
If you want to introduce accounting software to improve your financial management but are unsure where to start, contact our team to explore which may be the right accounting software for your business.
Anne-Marie Blazdell is a Marketing & Communications Manager with expertise in digital marketing, content creation, and IT solutions. With a strong foundation in graphic design, she trained at Farnborough College of Technology and Southampton Solent University before advancing into marketing and business IT support.
Since joining Syn-Star in 2022, Anne-Marie has specialised in crafting SEO-optimised website content, managing social media, and helping businesses navigate the complexities of IT. Her work bridges the gap between technology and business, making IT more accessible and effective.
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If you have been considering an accounting package to better manage your business finances, there are plenty to choose from.
Our guide looks at the advantages of using an accounting package and some of the most popular on the market.
Accountancy packages perform a range of accounting and bookkeeping functions to enable you to keep accurate accounts, storing your financial information in one place and helping you to manage the data effectively.
The range of tasks available varies depending on the package, but common features include recording and categorising transactions, recording expenses, managing payroll, submitting accounts, running financial reports and connecting directly to your business bank account.
This range of features offered by accountancy software means they offer many and varied feature benefits and can provide advantages to businesses:
When you begin researching accounting packages it can seem overwhelming to decide which of the many available is best for your business.
Beware of lots of “bells and whistles” you pay for but never use. Here are some considerations to narrow down the options:
The number of users and skill levels is important.
The package should suit users who aren’t professional accountants but need to produce legally compliant accounts.
Smaller businesses may have less complex needs than larger organisations; retail businesses may value stock control function more than a business consultant, for example.
There are some basic accounting requirements for all businesses but, beyond that, it comes down to individual needs. Pick a package that meets them without being loaded with unnecessarily features.
Don’t just buy for now, consider your plans for growth and how the new software will support your business in the longer term.
If the package isn’t user friendly, staff will be reluctant to use the software and your business won’t benefit fully. You may also have to invest more in training or hiring an expert user.
This will also determine which accounting packages are available to you, so it’s important to understand any hidden costs in set-up or running the package.
Will the package meet HMRC and other legal requirements for business accounting, especially as “Making Tax Digital” is being rolled out by HMRC.
For small businesses in the UK there are several accounting packages that prove popular with users.
Each has something slightly different to offer but all are aimed at smaller businesses and support users with limited accountancy experience:
No matter what sort of software you use, you need the right expert support to help you get the most form it.
At Syn-Star we work on a daily basis with our partner clients to help meet their IT needs, including finding the right software, installing, training and maintenance.
We know there’s no “one-size-fits-all” solution and we work closely with our partners to understand their business needs and give tailored service.
If you want to introduce accounting software to improve your financial management but are unsure where to start, contact our team to explore which may be the right accounting software for your business.
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You and your team are able to see where they are using their time and how productive they are actually being. Also they are able to clock in and out, so really good for flexi-working.
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If you would like to know what your team is doing and how productive they are being, we are able to monitor them and create screenshots of what they are working on. This can be run in normal or stealth mode.
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Syn-Star can conduct quick and easy phishing exercises to identify people within your team who need to improve on their knowledge around fraudulent emails and how they can be alerted to these threats.
At Syn-Star, our experts can proactively work to understand exactly what software you need to support with the business operations. Whether you need a listening ear on what software to choose, or would like to seek some specialist knowledge, we’re here to help where we can.
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Desk phones, cordless phones or conference phones, Syn-Star can provide you with whatever you need.
From conference calling facilities to the headsets which work best for your team, we’re able to provide all the equipment you need and complete any telecoms job from start to finish.
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Whether your team works remotely, or perhaps staff are on a business trip anywhere in the world, calls can still be made, and people are reachable via phone wherever they go.
With a range of products, our team can support you by installing exactly what you need for internet connectivity. We work with the very best products to provide speedy bandwidths which play a part in the increased productivity of your team.
