Knowledge
Centre

Software

Elevating Business: 1 Accounts Partners with Swoop

In the ever-evolving landscape of business and finance, staying ahead means leveraging every available resource to fuel growth and efficiency. That’s why 1 Accounts Online is thrilled to announce our partnership with Swoop, a move set to revolutionise the way our clients manage their finances, access funding, and combat the energy crisis. Why Partner with […]

Our Journey to Becoming Xero Platinum Partners

Celebrating Our Journey to Becoming Xero Platinum Partners: How Your Trusted Business Advisors & Accountants in Haverhill Made it to the Top We’re incredibly excited to announce a milestone moment for our team here at 1 Accounts Online. After years of hard work, dedication, and a commitment to excellence, we have officially become Xero Platinum […]

Why we love Xero!

It’s no secret that we love Xero! It is the accounting software that we recommend to absolutely all of our clients. This is because we truly believe that it offers better features and useability than its competitors. Here are just some of the reasons why we love Xero! 1) Easy to use Xero has made […]

Signing a proposal with Ignition

So you want to sign up to working with us and have had a successful meeting! Or maybe you’re already a customer of ours who wants to change or add to your existing service? Unfortunately we need more than a verbal agreement in today’s world so we will send you a proposal to sign so […]

The benefits of using DocuSign to sign your documents

One of the things we pride ourselves at 1 Accounts is our ability to be cloud-based and as paperless as possible. This is because we care about the environment and also because we believe these methods give greater flexibility to our clients. In accounting there will always be documents for which we need your signature, […]

All about requesting your documents using Karbon!

As a cloud-based accountancy practice, we very rarely ask you to bring in physical copies of your documents to our offices in Haverhill. This option is available to you if you really need it, however we find most of our clients prefer to send their information in digitally. This also has the benefit of being […]

Why we love Dext!

Dext, formally known as Receipt Bank, is a software that we recommend so much that we include it in all our Limited Company and Sole Trade services! Using it, you can take a photograph of your receipts and it will extract the information from them with 99% accuracy and upload it to your accounting software. […]

Why should I switch to a digital payment process?

According to studies, SMEs spend on average, a whopping £4.4 billion per annum chasing late payments. This problem is only exacerbated by traditional (and slow!) payment methods too such as cash and cheques, so what is the solution to this? To reduce the time between invoicing and the money actually clearing into your accounts receivables […]

15 things you didn’t know an accountant could do

When asked “What does an accountant do?” many people answer with accounts, tax or compliance work. While that’s true, what many don’t know, is that the good ones do so much more. The best accountants will become a part of your team; they will give you strategic advice to save money and boost revenue, they […]

What is the VAT reverse charge?

From the 1st March, the VAT reverse charge scheme now applies to construction. If you work in the construction industry and are VAT registered, this applies to you, your suppliers and your customers. If you are not VAT registered or do not work in the construction sector you can ignore this blog but feel free to […]

Cloud Accounting Benefits

Cloud Accounting Benefits If you want your business to work smarter and faster, cloud accounting software is a wise investment. Working in the cloud will give you a better overview of your finances, and improve collaboration with your team. Accounting software shouldn’t be a chore to use! Small business accounting software that’s not available via the […]

What Is Making Tax Digital?

Fact:  All of our clients are Making Tax Digital (MTD) compliant because they use the latest online accounting software provided by the market leaders – Sage and Xero. What is Making Tax Digital (MTD)? Making Tax Digital (MTD) is a government initiative which aims to transform the administration of tax to create a simpler, more […]

Check Out Our Latest Blog

How Do Family Businesses Ensure Successful Succession Planning?

How Do Family Businesses Ensure Successful Succession Planning? Succession planning is a critical aspect for family businesses, especially in the UK, where they play a significant role in the economy. A well-thought-out succession plan ensures the longevity of the business, maintaining the family legacy, and securing the financial future of the next generation. Here’s a […]