Easy to use MTD VAT software

Daybooks

Business Member
  • Sep 29, 2017
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    My common one is entering a wrong value - like £4.39 when it was £4.29 - this means it does not clear and often I don't spot it.
    Surely you are mistaken? If you read the thread above this is simply not possible; they have said so!
    Could you not rather say "My common one is entering a wrong value - like £4.39 when it was £4.29 - this means it does not clear and I can correct it immediately."

    "It is important that we demonstrate the reliability and usefulness of our systems" said Paula, a spokesperson for the online accounting software industry. ;)
     
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    @DontAsk
    I fully understand you are making some valid statements which in themselves are internally compatible and therefore 'correct'.
    However, in my opinion you have latched onto my reference to double entries, and misunderstood the point I have been making which is less about double entry and more about the fact that things don't get checked like they used to be checked.
    In this regard, and in a lot of areas far beyond the confines of the bookkeeping and accounting world, 'computerisation' in all it's forms may be partly to blame.
     
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    YasmeenLondon

    Business Member
    Business Listing
    Jul 25, 2022
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    yasmeencreative.com
    I disliked all my accountant's suggestions until he got me onto freeagent. The modest cost makes my life easy. My business is simple - I submit invoices, I get paid into my bank account and I have bills to pay. I'm VAT registered but a sole trader, so I have drawings and personal stuff mixed in with the business and Freeagent lets me keep things very straight forward and just presents me with bank transactions for money in and out, but then suggests matching invoices and bills. It works really well, and mistakes usually generate queries. I can use it on all my computers and phones and I can take a picture of a receipt and stick that into freeagent. It's great for finding customers, and amounts. I can easily find things. I can generate an invoice and send it to the customer within the software. It's really friendly and the more you enter, the better it makes guesses as in - you just got paid £436, is it this invoice. You then say yes, or no. It also manages the VAT. As long as I have approved all the ins and outs at the quarter end, I simply press the send to HMRC button, and a few minutes later HMRC email me the confirmation. The invoice system can also use pre-programmed items, for when you do lots at the same price - saves you lots of typing. For me, it also means lower accountancy bills because even though it is not their ideal system, they can see what I'm doing if they are slack and do tidying. My common one is entering a wrong value - like £4.39 when it was £4.29 - this means it does not clear and often I don't spot it. It just needs the amount changing, but the double check facility works really well.

    Spot on, I share your experience.
     
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    S.C.A

    Free Member
    Business Listing
    Jun 23, 2024
    26
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    Great to hear. It's a repsonse I often get when I recommend software too.
    Hi. are there any other software packages you'd recommend?

    for a one shop retail start up. that's compatible with barclays business banking maybe (or do they all allow import now as you mentioned above?)

    thanks in advance. i find your answers very helpful
     
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    MyAccountantOnline

    Business Member
    Sep 24, 2008
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    myaccountantonline.co.uk
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    MyAccountantOnline

    Business Member
    Sep 24, 2008
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    myaccountantonline.co.uk
    thanks. is it better than fresh books?

    It's been a little while since I used FreshBooks so it wouldn't be fair to give my opinion. It's also no longer used by any of my firms' clients.

    There are so many bookkeeping and accounting software packages and accountants such as myself will rarely frequently use more than a few at any one time. However ultimately, they all generally have the main features some are just easier to use and have additional add-ons.

    If you are interested in both my advice is to take some free trials of each and see which best suits your needs and is easiest for you to use.
     
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    S.C.A

    Free Member
    Business Listing
    Jun 23, 2024
    26
    1
    It's been a little while since I used FreshBooks so it wouldn't be fair to give my opinion. It's also no longer used by any of my firms' clients.

    There are so many bookkeeping and accounting software packages and accountants such as myself will rarely frequently use more than a few at any one time. However ultimately, they all generally have the main features some are just easier to use and have additional add-ons.

    If you are interested in both my advice is to take some free trials of each and see which best suits your needs and is easiest for you to use.
    thanks v much
     
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