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03 Feb 10
06:59
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Date Joined:
26 May 09
My son has asked me to help him with the books for his recently started small business. Has anyone had any experience or could recommend any free accounts software? Any help would be much appreciated.
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ask his bank, LLoyds/TSB used to give one away maybe some others do.
thanks Burt the problem is he's using one of his personal accounts and not a business account in order to save on banking costs. I know the bank are going to realise soon that he's running a business but this is still early days for the venture and money is tight.
I've been using Quicken for years. It's not free but it's cheap and does all I need.
Heads up join the fsb (federation of small businesses) costs around £100 a year but gives you a lot of benefits including free business banking with the co-op saves me in the region of £500-600 a year on that alone. Also get slightly better rates on taking credit cards through streamline.. and should you ever get investigated for tax etc they will give you all the legal advice you need.
I am nothing to do with the fsb so makes jack difference to me but they are very good.
I am nothing to do with the fsb so makes jack difference to me but they are very good.
Also Quicken is a decent program all be it now very old since they stopped producing it in the uk a few years ago. However it does all thats needed still and quite simple.
shergar- most banks will give free banking for a new business account-mine lasted 18 months with barclays.
Sage is great, but costs about £500. could be worth the investment if the company grows. if it is really small co, why not just use excel....
Blades is right ..for zero cost
you can run a small business on just spreadsheets , and print your own invoices , as there ae templates in Word ..
you can run a small business on just spreadsheets , and print your own invoices , as there ae templates in Word ..
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