Modern Accountancy Systems
With many variations of the modern accountancy system available today, it is advisable to book a demonstration through a reputable supplier before you commit to buy. Most suppliers will offer a free demonstration and some will even offer a thirty to forty-five day free trial period.
Although there are actually some free accountancy systems available online, these are pretty basic, so unless you are looking for something for home or micro-business use, you would be wise to invest in a system that is tailored to meet all of your requirements.
The Mamut System
Mamut cater for companies of all sizes and offer a 45 day downloadable free trial. If you decide to go with a Mamut solution, prices can start from as little as £59 per year. Mamut One can be accessed from anywhere outside of the office for ultimate efficiency.
As well as being terrific value for money, Mamut have won several awards, including the coveted Accountancy Age Small Business Software of the Year award an impressive four times!
Sage remains the best known and most popular choice among UK businesses but it is difficult to pinpoint specific prices for solutions as they are so varied when it comes to individual business needs. The amount of modules required depends on the size and type of your business and the number of system users.
It is, however, important to note that many online retailers are currently offering great reductions and special offers on Sage systems and you should definitely speak to a supplier for advice and information regarding your requirements.
Intuit QuckBooks Financial Software is fast becoming a new leader in the world of accountancy packages. SimpleStart packages, priced from £99 are a wonderful choice for business invoicing and cash flow tools. You will be able to create branded invoices and quotes, as well as track sales, expenses and profits with a simple and effective system that won't take up too much of your time.
Quickbooks Pro prices start at just over £200, and as well as possessing all of the basic features of the SimpleStart package, you will be able to view instant business reports, complete VAT returns efficiently online, handle foreign currency and utilise effective stock control tools.
Taking it up a notch, Quickbooks Premier prices start from around £400. Obviously, this system contains all previously mentioned features, but with the Premier solution you will be able to buy and sell stock in your choice of units, build detailed financial forecasts and even create back orders.
As well as these much praised Intuit solutions, the option to use an online package from as little as £9 a month is also available - you can try this version for free by logging on to the Intuit website. There is no software to install and updates will be provided as necessary.
The above are just a few of the many and varied accountancy packages currently available. Speaking to a knowledgeable, independent dealer should help you narrow these and many others down to the best choice for you. Remember to shop around as there are many good deals to be found.