We are thrilled to announce that Tyrrell & Company have been selected by Receipt Bank as a launch partner for their innovative expenses app 1Tap Receipts, designed especially for UK Sole Traders.
Getting ready for your tax year-end can be something of a pain – and you’ll no doubt be acutely aware of this fact as the January tax season looms large!
There’s the paper work to rifle through, the past 12 months’ bank statements to find and a huge pile of paper receipts to wade through before you can give your accountant the information they needed.
But it doesn’t have to be this way.
It’s been a hectic few weeks at Tyrrell & Company HQ in the build up to our Xero Trifecta event. But we’ve been overjoyed at the positive reception we got from attendees on the day. It’s been a hectic few weeks at Tyrrell & Company HQ in the build up to our Xero Trifecta event. But we’ve been overjoyed at the positive reception we got from attendees on the day.
The event was every bit the success we’d hoped it would be. And we were delighted at the number of delegates who packed into the Concorde Suite at the Imperial War Museum, Duxford, to find out more about our brand new Xero Trifecta solution.
Coping with the ever-growing pile of paperwork, and doing all that tedious keying-in of data is something that gets left at the bottom of your to-do list.
That’s why when the weekend rolls around you can often find business owners hunched over their laptop, catching up on their bookkeeping.
But there is an alternative. It’s all about automation – and it’s something our clients have begun using to get their weekends back.
Are you and your team spending too much time on admin and paperwork? The average UK small business owner spends 16 hours a week on admin, 4 hours on regulatory matters and only 8 hours on actual business development. That’s far from being an efficient way to use your resources.
Running a business requires a large amount of record-keeping, administration and data entry. But do your people really need to spend so much of their week coping with keying in numbers and dealing with incoming paperwork?
The short answer is no: with modern cloud software you can drastically cut down the time you spend on this essential admin. And the combination of Xero online accounting software and the Receipt Bank plug-in are a perfect way to save time, cut costs and reduce that paperwork.