For our accounting software reviews, we have looked at some of the top software accounting packages used by small businesses. All the packages can be used for tracking VAT and producing good company reports. We have reviewed both the cloud online and software packages which are available.
QuickBooks is used in a lot of small businesses. I have used Quickbooks myself since we started up our own business in 2000, read our QuickBooks review. for the price and ease of use.
QuickBooks is easy to set up and use, even for non-accountants. There are three different products, simple start, Pro and Premier. To decide which product suits you needs take a look at Compare QuickBooks UK Editions.
Kashflow is an online accounting package which many small business us. There are some advantages with Kasflow as it is aim for both experienced and non expereinced people. The software can be accessed from any PC and is very easy to use. It is easy to change layouts of your own invoices to include your logo.
Kashflow have a free trial available, so if you are thinking of doing your own accounts it is worth downloading. I have tried it myself and found it very quick to get set up.
There are a couple of disadvantages to Kashflow, these are that it does not track stock. If you do need to track stock then it is worth looking at Quickbooks. Kashflow has a monthly subscription and can work out more expensive than purchasing another package, but it means your software is always up to date.
Sage is recommend by many accountants, as it is the software that they use. Sage Instant accounts is their budget option for small businesses, take a look at our Sage Instant Accounts review.
To find the best Sage product for your business the have a solution finder, just answer a few simple questions and they will recommend the best product for you.
Bookkeeping basics is at the centre of all your business accounting reports. Without bookkeeping you will not be able to keep control of your company finances.
Understanding the accounting basics within any company is very important. The reports that are compiled will help you to make decisions about how you need to change or improve your business.
Starting a Small Business
If you're starting a new business and you want some advice about where to start, our section on Starting a New Business will tell you everything you need to know in order to get your business on its feet and running!
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