Software

| SERVICES | SOFTWARE | HOURS & FEES |

I am familiar with multiple software packages, in particular Xero, QuickBooks and FreeAgent.

Xero

  • Cloud-based platform specifically designed for small and medium-sized businesses
  • Single unified ledger
  • Desktop plus mobile apps for Android & iOS

Xero has a strong reputation for its features and its robustness, and since its 2006 founding in New Zealand it has collected numerous accolades and awards, both for the quality of its products and the ease of its use. Its key features are:

  • accounts payable
  • bank/credit card accounts – automatic feeds and statements
  • expense claims
  • fixed asset depreciation
  • invoicing
  • purchase orders
  • standard business and management reports
  • supports multiple tax rates and currencies

Xero allows users and software providers to integrate third-party software, and there are over 275 add-ons currently available.

QuickBooks

  • Three tiers of subscription to suit sole traders, small and medium-sized businesses
  • Supports integration of payment and e-commerce apps
  • Desktop (Windows) plus mobile apps for Android & iOS

QuickBooks is produced by Intuit Inc., a Californian-based company which was founded in 1983. The software is extremely popular with over 3 million users worldwide, although some Mac users have experienced difficulties with compatibility to newer version of Apple OSX. Its key features are:

  • accountant access
  • bank accounts – automatic feeds
  • expenses
  • invoicing
  • mileage tracking
  • payroll
  • snap and store receipts
  • VAT

QuickBooks also provides migration support to those whose accounts are currently recorded in Excel spreadsheets or Sage 50 software.

FreeAgent

  • Cloud-based platform specifically designed for small businesses and their accountants
  • Three tiers of subscription to suit sole traders, partnerships and limited companies
  • Desktop plus mobile apps for Android & iOS

FreeAgent is a multi-award winning software package that started life in 2007. It started working with the Royal Bank of Scotland Group in 2017 to provide the software to RBS & NatWest customers, and RBS acquired the company the following year. Its key features are:

  • banking – automatic import of transactions
  • corporation tax forecasting
  • estimates and invoices
  • expenses
  • project overview
  • self-assessment
  • time tracking
  • VAT

FreeAgent provides its users with a plethera of information, including user guides, a blog, webinars, help guides in running your business and product support.

In addition, I have some experience using Sage Accounting and Kashflow, as well as various add-on apps such as Float, Satago and AutoEntry.