Accounting & Cloud Integration


Each year, whether your business is trading or not, a set of accounts needs to be filed. Trading companies must file accounts in a statutory format, and we have a team of accountants dedicated to ensure your accounts are kept up to date and in compliance with current statutory regulations.

We can also provide you with regular management accounts to keep you informed on essential areas such as:

  • Cash flow
  • Profitability
  • Performance ratios (KPI’s)
  • Budget comparisons

Cloud Integration

We offer a range of solutions, to meet your specific requirements. With the prospect of HMRC’s Making Tax Digital (MTD) being rolled out to companies, it is becoming increasingly important that your accounts are up to date and compliant with statutory regulations.

MTD aims to fully digitise the process of collecting data from tax payers in order to accelerate the calculation of how much tax is owed. To that end, we regularly use cloud based packages such as Xero. Such systems enable you to access real time financial information, anywhere, at anytime on any internet-connected device such a smart phone, tablet or pc.

Cloud accounting packages can reduce the time spent manually inputting both invoices and bank transactions, freeing up your time or reducing bookkeeping costs. Cash flow advantages can also be realised as invoices can be created and sent along with payment reminders.

Cloud based packages can improve your collaboration with us, as accountants. Given access to your system we can overview your finances in real time; enabling us to give you informed advice on any pressing query you may have. Given authority to do so, we can also post on accounting adjustments, such as opening balances.  Xero includes industry standard encryption and automatically backs up and protects your valuable data with multiple levels of security.

We can offer both training and support setting up Xero and other cloud packages, including help overseeing the transition from your old accounting package. We can tailor advice so that you realise all the benefits these systems have to offer.

Contact us to see how Kingscott Dix can improve the efficiency of your accounting system through cloud accounting.