The Cambridge Cheese Company Limited – the move from Sage Desktop to Xero Online

Posted on 30th November 2020 by Streets What's trending?


Image to represent The Cambridge Cheese Company Limited – the move from Sage Desktop to Xero Online

Case Study: online software and the benefits of being able to advise with real time links


For many years The Cambridge Cheese Company used Sage 50 Accounts and at year end they would email us a back up to prepare the year end accounts from.

Three years ago, we assisted in the migration of the accounts data from Sage to Xero.

As well as no longer having to deal with year end backups, the move to online reporting means that we are able to login to Xero in real time and review the accounts. This has meant we can deal with any accounting queries as they occur so that the accounts are kept accurate and tidy throughout the year.

As we approach the year end we can easily undertake a pre-year end review, helping with planning to maximise profits and mitigate tax.

Things have moved quickly this year with the outbreak of Covid-19, escalating the need for high street stores to have a strong online presence. Being on cloud software has meant that Xero can be integrated with a PayPal bank feed – saving significant time compared to downloading and manually recording each online sale.

Shopify online web store software is now being used to manage the online shop and integrated with Xero to automate the recoding of all online sales and their payments.

Three years on and there is no looking back – the move to Xero was very straight forward and being on the cloud means the bookkeeping duties are now spread across more staff members, easing the workload of the owners.

Well used online software coupled with a good relationship with your accountant can really aid the growth of your business, enhance your business knowledge and ultimately save you time and money.

The Cambridge Cheese Company Limited

Established in 1994, with their shop tucked away amongst the historic buildings of Cambridge, The Cambridge Cheese Shop is full to the brim with outstanding local & European produce, providing a phenomenal range of nearly 200 rotating, seasonal cheeses from hundreds of brilliant dairies. See www.cambridgecheese.com for more information.

 


No Advice

The content produced and presented by Streets is for general guidance and informational purposes only. It should not be construed as legal, tax, investment, financial or other advice. Furthermore, it should not be considered a recommendation or an offer to sell, or a solicitation of any offer to buy any securities or other form of financial asset. The information provided by Streets is of a general nature and is not specific for any individual or entity. Appropriate and tailored advice or independent research should be obtained before making any such decisions. Streets does not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of obtaining Streets' visual or audible content.

Information

The content used by Streets has been obtained from or is based on sources that we believe to be accurate and reliable. Although reasonable care has been taken in gathering the necessary information, we cannot guarantee the accuracy or completeness of any information we publish and we accept no liability for any errors or omissions in material. You should always seek specific advice prior to making any investment, legal or tax decisions.


Expert insight and news straight
to your inbox

Related Articles


Boost Your Restaurant's Cash Flow with These Top Tips!

Maintaining a healthy cash flow is crucial for the success of any restaurant. Here are five key strategies to get you started: Optimise Menu Prices Ensure your dishes are priced for both competitiveness and profitabilityStreamline InventoryReduce waste and free up cash by using smart inventory management techniquesNegotiate with SuppliersBetter terms ...


Property Finance - unlocking opportunities with confidence and support

Exploring, navigating and understanding the complex landscape of property finance options can not only be time consuming, but hard to understand with the diverse range of financing options that are available in the market. It is essential from the outset for business owners to carefully evaluate their financing and ...


Child Benefit Updates

You may have heard about the recent changes to the High Income Child Benefit Charge which were announced in the Spring Budget. This is something that will affect several of our clients, and the changes can influence whether claims are made for child benefit or whether those that ...


You might also be interested in...