| As the whole small business accounting
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| | calculated with preset percentages that
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| software for a limited liability company
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| | can be changed as required.
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| is written on excel spreadsheets all
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| | The limited company corporation tax
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| bookkeeping transactions are visible.
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| | liability is also calculated
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| Each excel workbook being arranged in 12
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| | automatically in such a way that all the
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| monthly worksheets. Prime data entry
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| | calculations; additions and deductions
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| excel spreadsheets being provided for
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| | are both automated and visible. Capital
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| sales, purchases, cash, bank, savings
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| | allowances on both existing and new
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| account and credit card account.
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| | assets being shown on the corporation tax
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| Financial transactions such as sales or
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| | calculation.
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| expenses are then simply listed on the
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| | Accountancy Knowledge Required
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| appropriate months' sheet. And should a
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| | The limited liability company accounting
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| change be necessary any item can be
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| | software is based upon single entry of
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| easily changed. This simple listing
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| | transactions requiring no accounting or
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| process is a huge advantage to non
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| | bookkeeping knowledge. All the accounting
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| accountants as no previous bookkeeping or
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| | knowledge required to perform the double
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| accountancy software knowledge is
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| | entry of transactions which is a required
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| required.
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| | feature to produce a balance sheet has
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| Bank spreadsheets can be entered by
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| | been automated. The company accounts
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| listing the items that appear on the bank
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| | package has a feature so that the
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| statement and include a box to enter the
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| | previous years' figures may be entered
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| statement balance each month. The
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| | and lists of opening debtors and
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| formulae within the excel spreadsheet
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| | creditors recorded. A minimal level of
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| then automatically checks that the
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| | accounting knowledge is required to
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| entries made agree with the statement
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| | correctly list the closing debtors and
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| balance producing effective bank
| |
| | creditors and check the totals of those
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| reconciliation. A good feature that
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| | lists agrees with the automated balances
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| ensures entries are recorded accurately
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| | shown on the company accounts balance
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| in the companies accounts.
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| | sheet
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| From the lists of sales and purchases
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| | Very Low Priced
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| plus the bank statement entries all the
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| | At £15 the accounting software can save
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| information is automatically transferred
| |
| | many businesses exempt from a full audit
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| to the financial accounts file. In this
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| | the need to employ an accountant
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| file is a trial balance which actually
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| | potentially saving hundreds of pounds in
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| automates all the double entry accounting
| |
| | professional fees. Hundreds of small
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| transactions. No entries are required
| |
| | limited companies with up to 20 employees
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| removing the need for users to have
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| | also purchase the DIY Accounting Payroll
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| accounting experience. The Trial Balance
| |
| | Software which is sold separately from
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| is purely an accounting solution, visible
| |
| | £14.99 and fully integrates into the
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| and contains an audit check to again
| |
| | Financial Accounting Software.
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| ensure the company accounts are accurate
| |
| | Other Features
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| with no entries are required. The lack of
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| | The product has a stock control feature
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| entries in the area of accounting makes
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| | to monitor any stock losses. The limited
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| the product an ideal package for
| |
| | company accounting software contains a
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| companies requiring a small business
| |
| | wages interface that fully integrates the
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| accounting software package.
| |
| | DIY Accounting Payroll Software when
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| Within the financial accounting software
| |
| | those files are saved into the same
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| file is an automated monthly profit and
| |
| | folder as the accounting software files.
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| loss account to enable limited companies
| |
| | Being written on excel spreadsheets all
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| to track their financial performance and
| |
| | transactions are visible and capable of
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| very important, the package also produces
| |
| | being changed by for example overwriting
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| a balanced profit and loss account and
| |
| | any errors as opposed to a database
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| Balance Sheet in the correct format for
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| | system that requires new transactions to
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| submission of the final accounts. This
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| | be entered to reverse previous entries.
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| set of final accounts automatically
| |
| | The sales and purchase spreadsheets
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| gathering the financial information from
| |
| | include columns for entering CIS tax
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| the basic entries made and includes the
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| | deductions and payments and the
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| statutory notes required for a set of
| |
| | certificate numbers. The CIS tax being
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| company accounts being published.
| |
| | then automatically entered on the self
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| Quarterly vat returns are generated for
| |
| | assessment tax return. As the small
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| vat registered business and is also
| |
| | business accounting software is written
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| suitable for non vat registered business.
| |
| | on excel spreadsheets then it is
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| To produce a vat return clients simply go
| |
| | essential that users have a version of
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| to the vat file and select the quarter
| |
| | excel from 1998 onwards installed to use
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| end date from a drop down menu and the
| |
| | the program. The accounting software also
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| figures for the vat return are
| |
| | works fine with an Open Source
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| automatically generated. The vat
| |
| | spreadsheet package.
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| calculations can be disabled by non vat
| |
| | Conclusion: to Buy or not to Buy
|
| registered small businesses by simply
| |
| | Exceptionally good value, very easy to
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| changing the standard vat rate from 17.5
| |
| | use and produces exactly what every small
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| to zero making the accounting software
| |
| | limited company requires in a small
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| suitable for both vat registered and non
| |
| | business accounting software package,
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| vat registered businesses.
| |
| | automated accounts requiring no
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| The fixed asset schedule is preset with
| |
| | bookkeeping skills and no previous
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| the capital allowance tax rates to
| |
| | financial accountancy software experience
|
| automatically calculate capital
| |
| | with the valuable end product of a fully
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| allowances when fixed assets are entered.
| |
| | automated final set of accounts for the
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| Depreciation is also automatically
| |
| | limited liability company.
|