The growing move towards digital services and cloud technology – driven partly by the Government’s Making Tax Digital (MTD) initiative – means that more and more businesses are looking to move all aspects of their financial and accounting activity online.
Properly structured and administered, the move to online accounting and bookkeeping can improve efficiency, ensure your business meets all its legal and financial requirements, and free up time for you to focus on your real business objectives.
How we can help
At Old Mill we work closely with clients to help them adopt and adapt to the latest technology. As a Xero Platinum Partner, we use Xero as our primary VAT and bookkeeping accounting software.
Xero is essentially a digital automation tool that offers management accounts, data transfer and client reporting, supported by an easy-to-use communications structure. It simplifies the bookkeeping process, moving all aspects online including invoicing, credit control and VAT returns.
We provide Xero training and integration as well as a ‘done-for-you’ service where we manage everything on the platform and submit VAT returns on your behalf.
The specialist Xero accounting areas that we can advise and support you on include:
Farming may be one of the South West’s most traditional industries, but proactive and progressive farming businesses are ahead of the field when it comes to adopting new technology, with 60% of our farming clients having already moved to Xero online accounting.
Other specialist Xero accounting areas that we can advise and support you on includes ensuring Xero runs smoothly alongside your existing agricultural IT systems such as Farmplan and Figured.
Emily Davies. Dorset Blue Vinny
"The move onto Xero was a massive transition for us as there’s a lot of paperwork generated because of the cheese sales and we needed to set up all the cost centres and systems. We can now pull the right information on a monthly basis to provide us with much better insights to be able to run the business."
