The rapid rise and acceptance of cloud bookkeeping has forced many UK accountants and bookkeepers to change their traditional working practices. Technology bridges almost all physical distances, and a combination of phone, skype and cloud bookkeeping services means that many business owners never even meet with their accountants
When you're self-employed or running a small business, it is imperative you manage your income and outgoings carefully. You need your customers to pay you on time so you can manage your own finances and plan accordingly. Without a credit control system in place you make struggle to make a profit or worse still, your business could fail at the first hurdle.
For many business owners the bookkeeping responsibility is about as exciting as going to the dentist or watching paint dry. This is because the bookkeeping function is often seen as an onerous task but one which has to be done and it normally goes to the bottom of the âTo Doâ list. The Financial Management Centre encourages business owners to focus on what they do best and more importantly enjoy, which is running and growing their business.