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Accounting software??

Options
Advice if poss...?
Hi all, looking to get a good accounting programmes for home - torn between all the different options. There is one called home accounts on amazon which I have found that seems quite popular but I know from word of mouth that Microsoft money is good but am confused about all the sunset stuff. If I get am older version eg 2005 will it do everything it should? What exactly was discontinued? Was it just support?
Any help would be greatly appreciated as we are
Moving home and want to start off in the right foot
Thanks
Nicki

Comments

  • paddyrg
    paddyrg Posts: 13,543 Forumite
    Look at gnucash which is free and at least as powerful as much costlier software.

    Also consider ruling your own excel spreadsheets, accounting software does rather replace one set of problems with another... Learning the software and the methodology!
  • Brassedoff
    Brassedoff Posts: 1,217 Forumite
    Look on the money off and coupons forum. It has a code for FreeAgent. It's a cloud based system that has the requirements of a sage system, but is 99% easier.

    I see hundreds of businesses join it every month.

    You can look at Sage One, but is far to basic for accounting on a business set up. As for the various free sets of software out there, I personally don't want to go for software that has no indemnity.
  • Pennywise
    Pennywise Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    For simple tracking of in's and out's, you can't beat the free cash book from https://www.vtsoftware.co.uk. It is ideal for home accounting as it includes a chart of accounts (income & expense headings) for household if you're not a business. If you're a business, it's fine for cash accounting and cash VAT returns, but is upgradable to the paid-for version (cheap at one off £130ish) if you need sales & purchase ledgers etc.
  • I'm another fan of VT cashbook - simple to use, to make corrections etc.
  • morgani
    morgani Posts: 228 Forumite
    There is always wave accounting https://www.waveapps.com which is free and more than enough for basic home accounts or small business.
    Running challenge 2014 = 689k / 800k
  • meanbean
    meanbean Posts: 170 Forumite
    Hi, if you follow Intuit on Twitter they regularly offer nearly 50% discounts on their QuickBooks desktop accounts software. I have found it to be good, particularly as the databases, invoicing, vat systems are all set up for you, you just tailor it to your business.
  • I use SAGE and have always found them very good, if using an accountant check with them first
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    As mentioned if using an accountant see what they would want/recommend.

    As an accountant I run my own using excel only, the same could be done with open office.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • anandp
    anandp Posts: 279 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I was looking for something similar but for my business too Came across Quick File (http://www.quickfile.co.uk/) through a recommendation, and never looked back.

    Its cloud-based, and free and you can send invoices too if you ever need to.

    I do quarterly back-ups just for my peace of mind which takes me all of 2 mins!
    Interested in property investment, web tech, social media, forex, equities. Also a proud father & entrepreneur of sorts.
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