How to get more out of your accounting software

Research suggests that 80% of businesses with employees that use digital tools use accounting software. But that figure falls to about 50% for those with fewer than 20 employees, while among the solo self-employed, just 33% use accounting software.

Non-users miss out massively on numerous business benefits. Accounting software saves time and money through automations and reducing manual data entry, while improving accuracy and reducing bookkeeping errors. It enables better cash flow management, cost control and decision-making thanks to the real-time financial insight it provides. It also simplifies tax and compliance, while making your business more professional and your financial data more secure.

Many more sole traders and landlords are going to have to start using accounting software after Making Tax Digital for Income Tax is phased in from April 2026. Whether you’re a new user or you’ve been using accounting software for years, you’ll want to get the very best value from your accounting software.

In this episode we speak Jonathan Dowden, Product Marketing Director, Small Business, at Sage, the Newcastle upon Tyne-headquartered global accounting and business software company. Jonathan provides tips on how to make the most of your accounting software.

Thanks to Sage for sponsoring this episode. Sage is currently offering listeners 90% off Sage Accounting for three months. Visit this link to claim your offer.

Show notes for the episode can be found on the Start Your Own Business podcast website. Visit Start Up Donut and sign up to the Donut newsletter for more free start-up news, advice and special offers to help you save time and money.