What is Online Accounting?
Online accounting keeps all your financial records in cloud-based software, giving you and your accountant access to the same information throughout the year, whenever and wherever you are.
Xero is our preferred platform as it makes things simple for both parties. Bank transactions feed into it, invoices and bills can be managed through it, and other finance apps can be connected where they are useful.
For growing businesses, having everything properly connected makes the day-to-day finance work easier and gives you a much clearer view of how the business is performing.
How We Help
First we’ll review your current finance function and how the numbers are being produced and used.
That includes how bookkeeping is being handled, how invoices, bills and expenses flow through the system, and how much oversight you currently have on the quality and timing of the information coming out of it. In many cases the software is already in place, but the reporting, controls and consistency around it can still be improved.
From there, we can refine your Xero setup, tighten the processes around it and make sure the data feeding into your accounts is reliable and up to date. We can also support the wider finance function where needed, including bookkeeping, VAT returns, annual accounts, management accounts, cash flow forecasting and outsourced finance support.
The aim is to give you confidence in the numbers you are looking at, and a finance function that supports decision-making rather than just record-keeping.
Why online accounting?
Keep your financial information up to date throughout the year, with fewer gaps between bookkeeping and reporting.
Bring bank feeds, invoices, bills and other finance tools into a more joined-up system.
Get a clearer view of cash flow, costs and performance when you need to make decisions.
Is it right you?
Online accounting tends to make the biggest difference when:
- Spreadsheets and manual processes are starting to have limitations
- You want a clearer view of cash flow and performance during the year
- Xero is already in place, but you know the setup could be working better
- Your finance team needs more support as the business grows
- You’re changing accountants and want to improve the finance setup at the same time
If your business has grown but the finance side hasn’t quite kept pace, this is usually a good place to start.
Our Process
Why choose Accounts and Legal?
We’ve worked with more than 1,000 UK businesses since setting up in 2015, from owner-managed companies to complex, multimillion-pound organisations.
We were one of the first UK firms to become a Xero Platinum Partner and were named Xero’s Large Firm of the Year in 2023. In 2025, we were also shortlisted for the Accounting Excellence Client Service Award.
Our clients get quarterly performance reviews as standard, giving you regular time with your accountant to go through the numbers and talk about what’s happening in the business.
You also have accounting, tax, legal and corporate finance expertise under one roof. As the business grows and the decisions get bigger, you’ve already got a team around you that understands where you’ve come from and where you’re heading.
Know what you need? Get a quote.
Get an instant quoteWhat Our Clients Say
Accounts and Legal have been fantastic to work with over the last few years. Kath Meehan-Lacitignola, who handles our bookkeeping, is incredibly thorough, efficient and friendly. She’s quick to respond, genuinely cares and is always ready to help with any question. Special thanks to Jack Dawber-Axon, Senior Manager, who is our go-to for tax and accounting queries. Jack is exceptionally talented, thinks outside the box and has been instrumental in increasing our tax efficiency & saving us money. Both Kath and Jack make a real difference to our business.
Emma Williams, Founder of Seene Digital
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