Which Software?

Now that we have started to  deal with our paperwork we need to input this information somewhere, but where?

Do you really need to have some proper software?  Will it cost a lot of money? 

There are many types of software on the market, for many simple businesses and excel spreadsheet works well and of course it won't cost you anything!

However if your business is more complex, perhaps you are a limited company or perhaps you want access to up todate management reports to help you make decisions about your business, then you will need to invest in proper software.

There are lots on the market, but the 2 we would recommend would be SAGE or Liquid Accounts.

SAGE http://www.sage.co.uk/ is the most well known accounting sofware, as well as the famous SAGE line 50 products, they also do a great product called SAGE instant which is made for smaller businesses and costs around £120.  Most accountants will work with and know SAGE well. 

Liquid www.liquidaccounts.net is an online software, so you can access it from anywhere, or your accountant can log in to get information, it is extremley user friendly and there are no upfront costs so you just pay on a monthly basis

Have a look around trial some different products and see which one works for you and your business