Online Accounting software for Contractors
Joy Pilot is accounting software specifically designed to meet the demands of contractors, freelancers, sole traders and small businesses.
Running your own company as a contractor can be incredibly rewarding, but it comes with its fair share of responsibilities. One crucial task is keeping accurate, up-to-date accounts to understand your business’s financial health. This can be time-consuming and challenging without the right tools.
At No Worries, we’ve developed a cloud-based accounting software specifically for contractors called Joy Pilot. You can learn more about Joy Pilot here.
You may call us biased, but we genuinely believe it’s the best online accounting software for contractors, sole traders, freelancers, or limited companies. Our detailed insider review of Joy Pilot vs. Xero covers key features our clients heavily use and compares them to Xero’s performance.
Choosing the right accounting software for your small business is essential. Whether you’re in finance, creative, healthcare, or construction, several factors need consideration, including cost, ease of use, features, and integrations. We’ve compiled a list of the top features any online accounting software should offer for contractors.
“Their book keeping platform is easy to use and provides real time transparency to your company account. I am a very happy client.”
Thanks J.L, we put great thought into our software development, aiming to make it easier to use and more relevant for our clients. It’s makes us happy to hear we’re getting it right! 😊
Top 6 Features to Look for in Accounting Software
We might be a bit biased as contractor accountants, but we believe Joy Pilot is the best accounting software for contractors, landlords, and freelancers. It ticks all the boxes better than any other solution.
Bank Feeds
One of the most crucial features for all small businesses is bank feeds. This automatically downloads your transactions from your business bank account, saving you hours of manual data entry and reducing the risk of human error. This ensures your banking and accounting transactions are accurate, eliminating the need to meticulously collect and store physical bank statements.
Our accounting software includes bank feeds as standard, allowing you to get up and running quickly and easily with a vast number of banks across the UK and Europe.
Multi Currency Support
If you’re a limited company contractor working with clients overseas, having an online accounting solution that supports multiple currencies is a game-changer. With Joy Pilot, you can create invoices and track expenses in any currency, making it effortless to manage your finances across multiple countries.
This is an invaluable feature for contractors who frequently travel for work, allowing you to keep your finances in check no matter where you are in the world. Embrace the freedom to work globally without the hassle of currency confusion!
Easy Invoicing
Invoicing is the heartbeat of any business, and having an easy-to-use system is essential. Joy Pilot provides an all-in-one solution for fast, professional invoicing. In just minutes, create and send sleek invoices, then effortlessly track who’s paid and who hasn’t—no more chasing payments in the dark.
Our invoicing tool seamlessly integrates with the rest of Joy Pilot’s powerful accounting software, providing a crystal-clear view of your cash flow. It’s vital for keeping your finances sharp and your business thriving.
But here’s the real kicker: Joy Pilot includes an innovative AI feature for voice invoicing. Simply speak, and watch your invoices come to life. It’s efficiency at its finest. And remember, all these features are accessible to our clients for free when they use No Worries. Curious? Visit Joy Pilot and see how we’re shaking up the world of accounting software for contractors with game-changing AI features.
Receipt Scanning
Another essential time-saving feature for limited company contractors is receipt scanning. This functionality allows you to snap a photo of your receipts and have them automatically added to your expenses in Joy Pilot. No more fussing with paper receipts or storing them in a shoebox!
With Joy Pilot’s AI-powered receipt scanning, simply take a photo of your receipt and upload it to the app. The AI technology extracts all the key expense information including the date, amount, and sales tax rates automatically, allowing you to add it to your expenses with just a few taps. This advanced feature makes it incredibly efficient to track your business expenses, giving you peace of mind and freeing up time to focus on what you do best.
Tax Dashboard
As a limited company contractor, it’s crucial to manage your tax affairs efficiently. Our accounting software includes a Tax Dashboard that gives you a real-time overview of your corporation tax, VAT, and personal tax. This feature ensures you are always up-to-date with your tax obligations, making the process simple and hassle-free.
Financial Reporting
As a limited company contractor, accurate and up-to-date financial reports are vital. Our accounting software’s financial management system lets you generate detailed profit & loss statements and balance sheets, with the ability to drill down for deeper insights. This helps you understand your business’s financial health, make informed decisions, and monitor cash flow effectively. Stay on top of your finances effortlessly!
“Great Web Interface Solutions. And they do go the extra mile…”
Thanks for noticing Timothy! You’ve made our day! 😊
Our Accounting Services for Contractors
At No Worries, our team of expert accountants are wizards with our Joy Pilot accounting software and ready to light your path, especially if you’re new to the game. Joy Pilot is not just intuitive—it’s accounting software that is practically effortless, tailored to get you comfortable in no time. Whether you need assistance with project accounting or tips on tax efficiency, our team is here to make it easy.
Joy Pilot is complimentary for all our clients, regardless of the accounting package you choose. As a small business owner, we know you crave simplicity and speed. Our accounting software delivers just that, with the added brilliance of AI features to make your financial management smoother and quicker than ever.
At No Worries our focus is to make accounting as simple as possible so you can focus on growing your business with confidence. Let us help you work smarter with expert support and cutting-edge technology at your fingertips.
“…you always have a clear view of your current financial position – and history.”
Thanks Kiran. Information is power!
Refer a Friend and SAVE!
10% Discount
on our rates for every new customer you refer to our contractor accounting service.
The discount kicks in from the first full monthly fee we receive from your referral.
Just have them mention your name on the final page of our online sign-up form. Easy peasy!
“They’ve taken away
all the difficulties…”
Thanks Andrew. It’s nice to know
we make a difference! ✨
Data and Safety Security
We take security seriously and prioritise the protection of sensitive data. We understand this builds trust and confidence, and security is integrated into all our development processes. Our third-party partner conducts thorough penetration testing, providing the following services:
- A grey-box penetration test of our web application covering key vulnerabilities like authentication, authorisation, Cross-Site Scripting (XSS), SQL injection, Remote Code Execution (RCE), Cross-Site Request Forgery (CSRF), and other issues listed in the OWASP Top 10.
- Web application penetration testing without authentication and with authenticated access using two user accounts to uncover post-authentication vulnerabilities.
- A penetration test against the APIs used by our web application, checking for security issues outlined in the OWASP API Security Top 10.
- A network-level port scan on the Internet-facing IP address of our web application.
- A security review of our AWS Cloud environment, assessed against industry best practices using the CIS AWS Foundations Benchmark standard.
“…you always have a clear view of your current financial position – and history.”
Thanks Kiran. Information is power!
In today’s shifting tax landscape, limited company directors need accountants they can trust. At No Worries, we’re passionate about helping you thrive.
Whether you’re a freelancer, contractor, or sole trader, we’ve got your accounting and tax needs covered. Get in touch today—we’d love to help you reach your full potential.
“…the software provided…which is very user-friendly…allows me to keep track of my earnings, outgoings and tax liabilities…Thank you No Worries for the peace of mind you have given me.”
No Worries Nusret! 🖐️