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release date: 05/12/2005
client: AccountsNet Limited
reference no: 230
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  NEW ONLINE ACCOUNTANCY SERVICE TAKES THE HEADACHE OUT OF RUNNING A SMALL BUSINESS

A new online accountancy service, Accountsnet.co.uk has been launched to provide internet accounting anytime, anywhere to sole traders, partnerships and small limited companies. It’s perfect for those who need a flexible solution to their accounting needs. The system creates a virtually paperless office and covers all the usual accountancy offerings such as VAT, Tax and National Insurance contributions and payroll.

With a team of chartered accountants on hand to answer business queries, the online service is fast, transparent and easy to use. No investment in expensive, complicated software is required. Any PC with internet access can be used to securely enter transaction detail from the usual source documents such as invoices, receipts and chequebooks. Starting from a little as £20 per month for sole traders and £60 per month for limited companies, users can have a full set of year end accounts, payroll bureau, dividend administration, professional dealing with HMRC and Companies House, calculation of VAT / Tax & NI returns and unlimited advice and support.

Accountsnet has been developed by a team comprising of experienced accountants and internet software engineers, and provides sole traders and freelance businesses a way of viewing and updating their accounts online. “We wanted to provide a service that was easy to use and which gave new businesses a clear idea of budget, expenditure and income. Since we launched, we are finding that more people are changing their approach and online accounting fits in perfectly with the forward move in technology. So many people are now moving to online banking, wireless networking and using broadband that it seems a logical step to take accounting in that direction too,” explained Andrew Phee, Operations Manager.

Especially for retailers, the fixed price service offers free desktop invoicing software that allows daily and weekly transactions to be uploaded into the online system to give an accurate financial forecast.

Other online services include self-assessments, which can be submitted online for just £85 plus VAT. “Freeing up time for small businesses, reducing investment in expensive software, providing accurate accounting data and timely advice are the key benefits for users. The service allows them to do what that want to do – run their business without the headache of filing forms on time,” concluded Andrew.

The Accountsnet service is run on a fixed fee basis depending on turnover. A simple online demonstration and details are available at accountsnet.com.


More information:
Andrew Phee, Operations Manager, AccountsNet Limited
12 Stoneheap Crofts, Bathgate, West Lothian, EH47 8BX, UK
Tel. 0845 226 6926 Fax. 0845 345 6135
E-mail: aphee@accountsnet.com Web: www.accountsnet.com


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