Pritchard & Co Digital Accountants Fishguard

Making Tax Digital

Making Tax Digital is an additional cost for many businesses but our innovative approach using the latest technology and apps will keep this extra burden to a minimum. The first stage of MTD launched in April 2019, when all businesses that have to be VAT registered without any complex issues needed to present data directly to HMRC digitally, using appropriate software.

For many businesses MTD has been a daunting task, but at Pritchard & Co Digital we have established proven methods to steer our clients through this transformation with minimum disruption to business. Our innovative approach to MTD reduces bookkeeping, VAT returns and all financial accounts into one function, using apps that link directly with Xero software. Less time processing their accounts, has given our clients more time to concentrate on improving their company’s growth.

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Cloud Accounting

Cloud accounting has changed how we do business today. Cloud accounting software means you no longer have to concern yourself with spreadsheets or installing an accounts package on a single computer, cloud based software enables you to log on to your company’s accounts securely anywhere that has internet connectivity.

At Pritchard & Co Digital we offer monthly or quarterly management reports using Xero. Our proactive approach using cloud based software gives us real time accounting information, vital to your business. This allows us to help you to make important decisions faster, you don’t have to wait until your financial year end to find out your tax bill or how much profit you’ve made.

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Xero Training

We can provide training on your new Xero software set up. This will ensure that you have the tools and skills you need to manage your business accounting using Xero. We can provide this training to people of all abilities, please get in touch if you think Xero could be for you.