From the earliest stages of conception, we have been working towards achieving two distinct outcomes by developing this app which is to:
- Enable small businesses to manage their everyday accounts in a few simple steps
- Enable accountants to maintain their clients’ bookkeeping, calculate annual tax returns and VAT, and sell their accounting package
We are going to achieve this by developing two separate platforms, one for the user and the other for the accountant.
- The user platform will run on iOS, Android and WebApp
- The accountant platform will run on any browser’#]
Both platforms will share and connect data via a cloud server using our secure API
To check feasibility, test the market and understand customers’ expectations we have developed and released version 1.0 in the year 2016 in AppStore, globally. Our users currently span all five regions (as demarcated by Apple Analytics) and we are developing customised software to further penetrate regional markets.
We have a track record of successfully launching a comprehensive accounting app in 2016 with 4700+ downloads and 1600+ signups. As evidenced by iTunes Analytics there is a global demand for our cloud-based accounting app.
Our team has been working on this app from the earliest stages of development. The multi-language version is being developed in three phases. Phase one is complete and, following completion of phases 2 and 3, an iTunes Store release date is scheduled for October.
Cloud-based accounting software:
Smoothbalance is positioning itself to meet the fast-growing global demand for cloud-based accounting software. With this in mind, we are currently developing a multi-language version of our app that is fully compliant with the General Data Protection Regulation.
Making Tax Digital:
Our web portal is designed to enable accountants to calculate tax returns and manage tax administration processes in a way that is effective, efficient and accurate. Besides, the software facilitates compliance with HMRC’s Making Tax Digital rules.
Based on our first attempt, we are building an even better and robust version of our app which is already in the development process. Some of the preview of a new UI interface you can see it here.
The new version is focused in multi-lingual (English, French, German, Italian and Spanish) and multiplatform (iOS, Android and WebApp) operating system so that the user can use it in any language and any platform.