With the government’s Making Tax Digital initiative now well-established, businesses have to provide information to HMRC in a prescribed way – which is most easily done via a cloud accounting platform. But cloud accounting has many other business benefits, and the masterclasses will focus both on compliance and these benefits.
The series of three free Xero Masterclasses will take place in Norwich, Great Yarmouth, Lowestoft and Bury St Edmunds, and will be presented by the cloud accounting specialist team from chartered accountants Lovewell Blake – recognised as one of the leading experts, and a firm which is itself a Xero Platinum Champion Partner.
The first session will offer a general demonstration of what cloud accounting, and in particular Xero, can do to assist business owners; the second will tackle the common concerns about migration of existing accounting processes to the cloud; and the third will offer power tips to harness the full power of cloud accounting for businesses.
“Many business owners embarked on cloud accounting only because they realised they had to in order to comply with Making Tax Digital – and then they have discovered that it can transform the way they manage their businesses,” said Nathan Bowden, cloud accounting specialist at Lovewell Blake.
“Could accounting platforms – and I would contend that Xero is the best of them – give entrepreneurs up-to-date information at their fingertips which can transform the way they plan and monitor the progress of their businesses. That information will be more accurate, more timely and more accessible than it would be with traditional record-keeping methods.”
The Lovewell Blake Xero Masterclasses take place from 7.45am to 9.15am in the firm’s offices as follows:
Masterclass 1: Demonstration
- Lowestoft: Thursday 8th September
- Norwich: Thursday 15th September
- Bury St Edmunds: Tuesday 20th September
- Great Yarmouth: Thursday 22nd September
Masterclass 2: Migration
- Lowestoft: Wednesday 5th October
- Norwich: Tuesday 11th October
- Bury St Edmunds: Tuesday 18th October
- Great Yarmouth: Thursday 20th October
Masterclass 3: Tips and Tricks
- Norwich: Tuesday 8th November
- Bury St Edmunds: Tuesday 6th December
- Lowestoft: Tuesday 13th December
- Great Yarmouth: Thursday 15th December
The events are free to attend, and include light refreshments. Places must be booked in advance. For more details, visit www.lovewell-blake.co.uk/events.