Best way of tracking finances for new company

[5aq1b]

Hello

I've started a limtied company in partnership with a friend of mine. We are currently selling products on a website and on ebay. The products on ebay are selling under a different ebay store name to our actual website name. The name of our ltd company matches our website name.

Anyway(!), sales from both ebay and from the website come from the same inventory list and are payments are received / made using the same bank account just to keep things simple.

What is the best way for us to track our inventory? And what's the best way to keep a track of our sales and expenses?

I'd like something a tiny bit more friendlier and advanced than an excel spreadsheet. Hope someone can help!

 

[MyAccountantOnline]

You may want to look at some of the online accounting packages. Their is a huge choice on the market some that spring to mind include -

http://www.accountsportal.com/

http://www.clearbooks.co.uk/

http://www.kashflow.co.uk/

 

[David Griffiths]

You may want to look at some of the online accounting packages. Their is a huge choice on the market some that spring to mind include -

http://www.accountsportal.com/

http://www.clearbooks.co.uk/

http://www.kashflow.co.uk/

Do all of those have inventory control? I can't remember Accounts Portal having it, but things change all the time. Similarly Kashflow, although it's probably there as a bolt-on

Xero has a basic inventory control, and links to other sources if the requirements are more detailed. E-conomic has it.

 

[MyAccountantOnline]

Do all of those have inventory control? I can't remember Accounts Portal having it, but things change all the time. Similarly Kashflow, although it's probably there as a bolt-on

Xero has a basic inventory control, and links to other sources if the requirements are more detailed. E-conomic has it.

I must admit I was answering the ''best way to keep a track of our sales and expenses'' as opposed to the just the inventory. I should have made that clear.

 

[5aq1b]

thanks for your replies - i will investigate those links further!

 

[aamarotico]

Xero has a basic inventory control, and links to other sources if the requirements are more detailed. E-conomic has it.

Hello there,

Our online accounting system E-conomic does offer full inventory management, and is an easy and affordable way to keep a track of your sales and expense accounts.

As a new business, I really think that you'll find us to be a great way to track your accounting and inventory.

We are actually offering an online presentation about inventory (stock) management this Wednesday (October 13, 2010) so those new to the program can see how inventory management works with E-conomic and ask their own questions. It's completely free, and you can sign up for this presentation on the E-conomic website. (Choose the type "Webinar - Stock management).

Find us at E-conomic.co.uk

I really hope that this helps!! Please let me know if you have any other questions.

Good luck