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Terry
 
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Default Accounts Packages


On Sun, 16 Apr 2006 09:54:14 GMT, "The Medway Handyman"
wrote:

Hi

Can anyone recommend a PC based accounts package for the self
employed?

Looking for simple. I don't carry any stock to speak of, customer
buys it, I fit it. I don't employ anyone, I don't have any cash flow
issues (payment at completion of job).

Just want to keep track of ingoings & outgoings for the tax man & keep
an eye on the business.



I write as someone who is a qualified accountant, has taught computerised
accounts at night school for years and who had advised many, many small
companies.

If you do not have Stock, then avoid the high-end packages such as Sage.
Sage is brilliant IF you have Stock and/or IF you have some book-keeping
knowledge.

If you do not have at least some book-keeping knowledge, then all the
computerised accounting packages will involve a steep learning curve.

My recommendation to small businesses has often been to use a Manual
system such as the Simplex D System - obtainable from large stationers -
in either the VAT Registered or Non-VAT registered version.
The Simplex D system is very good, is Inland Revenue approved and has a
helpline. It is designed to produce year-end accounts for tax purposes,
either by yourself or with the assistance of an Accountant (recommended).
If your main reason for wanting a system is Cash Flow Control and
comparison of trading figures from one to another, there are very few
systems to beat it.

Even though I sold computer accounting systems and sold training, I never
had the heart to recommend computer packages where they were not needed
or even contra-indicated.

One of the major problems with all computer accounting systems, no matter
how good they are, is that if you make an error it is not always
immediately obvious (causing you to act on incorrect information) and
correcting the error can be a bugger unless you really understand the
workings of the system.

My email address is valid if you want any further help.

Terry