Insights  from Sakura

XERO AND QUICKBOOKS ‘CLOUD’ ACCOUNTANCY SOFTWARE – WHY ?

xero and quickbooks Sep 17, 2020

Although there are an increasing number of online (or cloud) accountancy software systems that are available for SMEs to use for their business, whether it is FreeAgent, the newly launched Sage Accounting, Kashflow, Big Red Cloud, Clearbooks along with a number of others, as an accountancy practice, Sakura took the decision more than 12 months ago, to focus on and specialise in only TWO – Xero and Quickbooks Online.

We outline why we took that decision, but also explain why ALL SME businesses now more than ever, need to be seriously considering moving their accounts onto a cloud software platform. We also highlight some of the other software currently being used in businesses that may benefit from being linked with accountancy software.

Why Xero and Quickbooks ?

The key criteria behind this decision were:

  • The extensive use of the software among small and medium sized businesses in the UK,
    Ireland and beyond
  • Continuous improvement and new developments in the software
  • Their ability to effectively manage the day to day bookkeeping in a ‘proper accounting way’
  • How ‘user friendly’ the software is for non accountants to use successfully
  • The flexibility in terms of setting up the software for different business types and sectors
  • The ability of the software to integrate (or link) with other business systems and apps