Is there any account software that is going to make the job of keeping the business books in order easier?
at the moment i write everything into a ledger i know its old fashioned but it has worked for our business and me but now i need to put a real effort into these books so what is going to be quick and easy for me to use .( we are not vat registered)
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- I'm planning on trying the software from these guys http://www.diyaccounting.co.uk/index.htm which seems like good value compared with the likes of Sage. It's importing the data from the ledgers that takes the time with any accounting software; good luck!!
- I still use written ledgers and we are quite a large, vat registered company. I find it a lot easier to follow and easier to find any discrepancies. The only alternative that I would consider is Sage - but you would need some training for that.
- If you're good with Excel, you can set up spreadsheets that work well. I've done this for our companies for many years and we're VAT registered. I've set them up in such a way that the VAT figures are easy to pick off at the end of the quarter. I know you're not VAT registered, I'm just saying that you can do quite a lot with a spreadsheet rather than going into a software package that may or may not do what you want. If you've worked with ledgers, you know what's needed from the spreadsheets. It's easy to put in a checking column to point up any discrepancies in your data entries. Talk with your accountant and ask what they'd recommend. We just give ours the spreadsheets at the end of the financial year and they do the TPL and balance sheet from them. Good luck!
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