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Accounting Software
NSmith
Posts: 4 Newbie
in Techie Stuff
Hi
Can anyone recommend a good accounting software for part time self employed business. I dont earn a great deal from the business so looking for something that is free or one off payment, also to comply with new HMRC digital tax when it comes in.
To give you more of an idea what my situation is, I work full time but I also run my part time sports photography business. The only reason I registered the actual business was when people started to enquire how much it was to buy my photos. I then got myself fully registered (mainly to keep the tax man at bay :-) ).
I've been running the business for 6 years and I have been using a spreadsheet to keep track of all of my outgoings and incomings. Now that I know the HMRC is going to bring in digital tax (at some point) I want to make sure I am ready for it.
Thanks in advance
Can anyone recommend a good accounting software for part time self employed business. I dont earn a great deal from the business so looking for something that is free or one off payment, also to comply with new HMRC digital tax when it comes in.
To give you more of an idea what my situation is, I work full time but I also run my part time sports photography business. The only reason I registered the actual business was when people started to enquire how much it was to buy my photos. I then got myself fully registered (mainly to keep the tax man at bay :-) ).
I've been running the business for 6 years and I have been using a spreadsheet to keep track of all of my outgoings and incomings. Now that I know the HMRC is going to bring in digital tax (at some point) I want to make sure I am ready for it.
Thanks in advance
0
Comments
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Quickbooks0
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If you’re not doing much business a spreadsheet should be fine. There is free software available for Excel that supports MTD.0
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https://www.adminsoftware.biz/ might be of interest.0
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I'm self employed and use Quickbooks Self Employed - it's not really doing anything very clever that you couldn't do yourself thought, but I like it.0
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Ive been looking into this recently and decided to go with Xero. The general consensus is that it's easier to use and more intuitive than QuickBooks and other similar programmes. I'd rather focus on the business and wanted something simple that 'just worked' and integrated well into my workflow and apps so Xero was the one for me.0
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