TECHNOLOGY

Accountants Can Add Even More Value by Offering Clients New Breakeven and CIS Calculators from Their Own Downloadable App

Accountants Can Add Even More Value by Offering Clients New Breakeven and CIS Calculators from Their Own Downloadable App

The calculators are one of the most utilised tools in the App 

MyFirmsApp, the global number one developer of custom Apps for Accountants and Bookkeepers, announced today that it has made two new useful calculators available to work within its App. These are an invaluable addition and can be downloaded to client’ smartphones and tablets to provide instant access to even more value-added information.

The calculators are one of ten most visited sections of the App and the addition of the new Breakeven and CIS calculators brings the total number available in the App to twenty.  The Breakeven calculator is particularly useful as it allows business clients to quickly evaluate the number of sales to breakeven and the CIS calculator enables clients to quickly evaluate CIS (Construction Industry Scheme) payments and the correct Tax amount payable.

Every accounting firm’s App is  built from the ground up to provide immensely handy tools and financial information to save clients time and money. Whenever there is a change in the tax rates, all calculators are adjusted by the MyFirmsApp team, so accountants can be confident that they are always providing up-to-date information to their clients.

The other calculators include:

APR

CGT

  •     Company Car
  •     Contractor
  •     Corporation Tax
  •     Currency Converter
  •     Dividend vs Salary
  •     Income Tax
  •     Should I incorporate?
  •     Increased profit
  •     Inflation
  •     Inheritance Tax
  •     Loan
  •     Mortgage
  •     Payslip
  •     Savings
  •     Stamp Duty
  •     VAT

Mike Page, Head of Product Management, MyFirmsApp said: “These are important new additions that accountants can have added to their Apps. Having an App is no longer a choice for the few; savvy firms recognise that their clients are increasingly using their smartphones to go online, and they want the convenience of an App to provide them with  value-added tools, such as calculators, so they can run their own figures through them when it suits them to do so.”

In 2018, among all adults, 77%  or nearly 8 out of 10 had used the internet “on the go” using a mobile phone, smartphone, laptop, tablet or handheld device. according to the Office of National Statistics. The most common type of device used to access the internet “on the go” was a mobile phone or smartphone at 72%. This has risen by 19 percentage points since 2013, from 53%.

For more information, contact danr@myfirmsapp.com

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