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January was a peak stress time for accountants thanks to filling out Self Assessment tax returns for their clients and a large number of accountants recommended hitting the gym to get over the January blues.

With stressful January now out of the way a survey by a leading accounting software company revealed that when it came to accountants finding ways to help them get through the hectic month 37% said they hit the gym.

427 accountants from across the UK took part in the KashFlow research that aimed to find ways in which accountants coped with the Self Assessment deadline time of January 31st.

People wanting to get hold of their accountant in January may have struggled with 37% of participants saying that they have been hitting the gym and a further 21% saying they have not been answering the phones and instead relying on voicemail.

19% said that they relied on early nights to get them through the month and 11% said it was nothing to worry about and they just powered through as usual.

True to the public perception of many accountants being straight laced 6% said herbal tea was the way to get through the month, 1% cut out alcohol altogether and only a surprisingly low 3% said more alcohol soothed the stress levels.

Speaking about the research the Managing Director of KashFlow said,

“We work alongside accountants every day and wanted to get a better understanding of how we could help them get through times of stress and January is a notoriously tough period.”

He continued, “With the new breed of easy to use accounting software packages out there, business owners have no reason to send everything through to their accountant at the last minute as their records should be up to date as soon as April is over”.

Alan Moore is an accountant based in the West Midlands who runs Alpha Business Services and he said,

“I guess us accountants are a fairly traditional and conservative bunch as everyone well knows but I can fully understand why more in the trade are hitting the gym and I myself am a black-belt in origami and find exercise to be a great stress reliever”.

KashFlow launched its flagship product, an online tool specifically designed to help owner-managers in small businesses manage their accounts, in mid 2005.

Since that time it has quickly won a significant share of the valuable accounting software market along with launching a new direct to accountant division in late 2006.

In late 2007 venture-capital backed KashFlow won a Business Software Satisfaction Award, judged entirely by customer feedback, for the category of web-based accounting beating the likes of Sage and Netsuite.

Lord Young of Graffham, former Secretary of State for Trade and Industry and Chairman of Cable and Wireless was appointed to the role of Chairman of KashFlow in January 2008.

The KashFlow accounting package is securely hosted online, requires no installation and can be trialled for free by visiting http://www.kashflow.co.uk.

The site also displays examples of feedback from actual users.

END

Editors Notes:

For further information contact andy@10yetis.co.uk or 01452 527898 at 10 Yetis Public Relations.

In 2007 KashFlow won a Sift Media award, judged entirely by customer feedback, for the category of web-based accounting beating the likes of Sage and Netsuite

KashFlow has received two rounds of venture capital funding from Lord Young of Graffham, former Secretary of State for Trade & Industry and ex Chairman of Cable and Wireless

KashFlow won the 2007 Software Satisfaction Awards category of Best Web-Hosted Accounts

KashFlow is simple to employ, with users instinctively knowing where to click to perform almost any accountancy task

Owner managers are able to effectively manage their accounts with no need for software training or prior knowledge of accountancy

KashFlow has been featured in the likes of the Financial Times, Daily Mail, The Daily Telegraph, The Mail on Sunday and all the leading accounting magazines.

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