Question: What is iCash?

Answer: the new online bookkeeping service that connects you directly to our practice.

Our exciting new business accounting system will revolutionise the way your accounts are managed. It enables you to write up your cashbook online and submit it regularly, safely and directly, to us over the Internet.

Up-to-date accounts

When we receive your postings, we check them, amend them if necessary, and transmit the amendments back to you. This means you can see immediately if there are mistakes and feel secure in the knowledge that your cashbook is correct throughout the year. A key benefit for you is that your accounts will be up-to-date soon after you submit them to us, allowing us to be more pro-active in advising you on your on-going financial and tax situations.

What is in the iCash system?

Cashbook entries for:

  • Bank payments and receipts
  • Credit card expenditure
  • Petty cash analysis
  • Transfers between accounts

Reports provide:

  • Cash summary
  • Detailed cashbook entries
  • Income & Expenditure
  • VAT analysis

Easy to read graphs show:

  • Where your money comes from
  • Where vour money does to

Contact us for more details.

 

Use anywhere

A further benefit is that you can use the system from your home or work - in fact anywhere there is an Internet connection. You simply log on to our website and click the 'iCash' button. We will supply you with a secure id and password that you can use to access your own accounts.

Easy set-up

Easily recognised screens, just like a cashbook, mean that making entries is easy. As part of the service we will set up the system for you with a pre-defined set of categories, tailored to your requirements. You can then enter your expenses and receipts with confidence, knowing that they are being allocated to categories that we have specified for you.. Allowing us to control your accounts in this way will make keepina vour cashbook up-to-date less of a chore for you, and reduce the chance of incorrect postings.

We recommend you use this service because:

  • It enables us to identify business issues earlier because your accounts and tax situations are always up-to-date.
  • You can access your accounts from a PC with an Internet connection, at home or at work.
  • The data you input online is secure and regularly backed up - this removes the worry of losing data on your own computer.
  • There is no software to install. This means you do not need to worry about hard disk space on your computer. All you need is access to the Internet.
  • There is no delay while you wait for us to send reports or accounts through the post - you can See them online as soon as we have agreed your submissions.
  • You will be able to see Income & Expenditure, Cashbook and VAT analysis online.
  • Easy-to-understand graphical reports tell you 'Where your money comes from' and 'Where your money goes to'.
  • We can both look at your books online. This means we can discuss your situation on the telephone, reducing the need for you to visit our office.