Online Tools

At TaxAssist Accountants we believe that full service does not mean that you should be dependent on us for your day-to-day. We believe that each client and each situation is different and we want to provide you with the flexibility to choose the approach that works best for you.

This is why we provide online tools for bookkeeping and payroll that allow you to do as much or as little as you want to. We then decide together how much of the work you want to do and how much you want us to do. And that split can change over time as you gain more confidence with the tools. You decide!

"No data-entry" bookkeeping

We provide every client with free access to Dext, an online service that allows automated capture of receipts. You just need to forward by email the electronic receipts you have received or scan them from your iPhone or Android device using the dedicated app.

Data Extraction that works every time

Receipt Bank technology extracts all relevant data from each item, with industry-leading accuracy using a combination of OCR technology and manual checks. The software will also categorise expenses and extract VAT when relevant. You can even rely on the results when receipts and invoices have been scrunched up!

All documents saved automatically into the cloud

No duplication or lost info as all data is saved securely to the cloud. If you also use Quickbooks Online, the data can be transferred that application at the click of a button.

Sends extracted data to us automatically

No need to scramble to find information as a VAT deadline approaches or as the Accounts due date arrives. Just take a photo of the receipts as you receive them and never worry about loosing them again.

Advanced Bookkeeping

If you need more functionality like the ability to track your P&L in real time, be on top of your debtors, or have the ability to automatically grab transactions from your bank, Quickbooks Online or Xero provide your small business with the ultimate solution.

For a small monthly fee, you will always know how your business is doing. Plus it comes with full Receipt Bank integration making it an ideal tool for heavy volume businesses. Here is a non exhaustive list of their features:

Easy to use

  • Accessible from anywhere in the world
  • Multiple concurrent users
  • Intuitive interface
  • No accounting jargon
  • Free and fast support

Saves Time

  • Reminders by email when an invoice becomes overdue
  • Peace of mind knowing you will never overlook an invoice
  • Save time and never forget to repeat invoice a customer
  • Quickly and easily generate VAT returns
  • Saves you time and money
  • The freedom to respond quickly to queries regardless of if you are at home or in the office
  • Ability to send invoices by email
  • Stay on top of unpaid invoices
  • Easily store and retrieve information on all of your customers and suppliers
  • Record how and when payments have been made and received
  • Accurate record keeping

Notable features

  • Easy production of invoices, including recurring invoices
  • Handles multiple currencies
  • Full VAT support
  • Automatic bank downloads and reconciliation
  • Production of various management reports

Cash Flow Management and Financing Portal

Taxassist Accountants has partnered with Fluidly, an industry-leading cashflow management tool, which you can use to build a 90 day cashflow forecast free of charge as long as you are using one of our advanced bookkeeping tools. 

What is Fluidly?

Fluidly’s mission is to help small businesses sleep better at night by automatically generating a 90-day cashflow forecast, which you can edit so you can anticipate what's coming ahead. It also helps you prioritise which invoices to chase and identify bad payers and plan scenarios, such as increasing marketing spend or taking additional staff on board without endangering your business.

How does it work?

Fluidly’s real-time software connects to your Xero or QuickBooks account and uses the data to automatically build a cashflow forecast in an easy-to-understand chart. No more modelling or stress – see your cashflow history, your opening cash position and predictions for the future. And it doesn’t stop there. We help you plan for different scenarios and get cash in the bank, from chasing late payments to getting funding.

Tailored business funding

In the current climate, having cash in the bank is more important than ever. And with Intelligent Cashflow, we don’t just help you see when cash is running low, we give you the tools you need to take the right action. Fluidly can match you with a range of lenders to find pre-qualified funding offers in seconds, with no commitment to proceed. Stop wasting hours trawling through lengthy forms by using Fluidly dedicated funding managers to guide you through the process for free.