I still use written ledgers and we are quite a large, vat registered company. I find it a lot easier to follow and easier to find any discrepancies.The only alternative that I would consider is Sage - but you would need some training for that.
If you re good with Excel, you can set up spreadsheets that work well. I ve done this for our companies for many years and we re VAT registered. I ve set them up in such a way that the VAT figures are easy to pick off at the end of the quarter.I know you re not VAT registered, I m just saying that you can do quite a lot with a spreadsheet rather than going into a software package that may or may not do what you want. If you ve worked with ledgers, you know what s needed from the spreadsheets. It s easy to put in a checking column to point up any discrepancies in your data entries.Talk with your accountant and ask what they d recommend. We just give ours the spreadsheets at the end of the financial year and they do the TPL and balance sheet from them.Good luck!
I m planning on trying the software from these guys http://www.diyaccounting.co.uk/index.htm which seems like good value compared with the likes of Sage.It s importing the data from the ledgers that takes the time with any accounting software; good luck!!
