Four key steps to moving your accounting practice online
Gabrielle Fontaine shares key steps towards MTD and how to embrace online technology rather than grumbling and resisting the changes
Gabrielle Fontaine shares key steps towards MTD and how to embrace online technology rather than grumbling and resisting the changes
Record keeping and tax reporting are now required to be digital, thanks to MTD. How are you getting on with it?
Instead of grumbling and resisting the changes that are being forced upon you (and your clients), is there a way to make it the catalyst to a more efficient and profitable accounting firm?
In a word, YES!
Here are four key steps that lead to a more profitable digital accounting firm when you’re willing to embrace online technology.
It does take time and effort to migrate to a fully digital accounting firm, but the benefits of making this transition are worth the effort. The payoff for implementing these four steps means your practice will be better equipped to take on more clients without hiring more staff. You’ll also increase the capacity available to provide higher value, advisory level services at premium prices.
In a nutshell: faster, time-saving technology means you can work less and make more!
Good deal?
No matter where you are on your digital practice journey, please don’t attempt to skim over that last step – your security policies and practices. Without it, your whole practice can come crashing down in the wink of an eye.
Gabrielle Fontaine is a freelance Professional Bookkeeper and Advanced Certified QuickBooks ProAdvisor who assists tech-savvy consultants and self-employed professionals get their books under control, save taxes, and maximize cash flow and profits using the power of online apps. Gabrielle has been in business for over 25 years, and has been working 100% virtually since 2003. She is the author of the popular blog, The Freelance Bookkeeper, and produces online training programs, has been a popular guest speaker on business and accounting podcasts, as well as industry conferences.