Bookkeeping should be easy! Is yours?
Bookkeeping was both science and art when I started as an accountant. Most of the clients I looked after dutifully wrote up their accounts into big red cashbooks, line by line summarising each invoice and bank transaction.
The records that arrived were meticulously written, each page added up with a calculator and carried forward to the next page – then the same exercise done again.
Big businesses were using computers to manage thousands of transactions – but the cost was too high for the everyone else.
Sage Software was released on the Amstrad PCW in 1984. This introduced affordable accounting software on an affordable personal computer.
Now 35 years later, software has become quicker and essential to the running of every business. Software gets for everything you can imagine, and we expect it to link up, making it a pleasure for the user and rapidly reducing the time spent doing accounts but massively increasing the accuracy.
We in a time where most businesses are tracking their profits and cashflow in real time.
The downside is the sheer amount of choice! Every computer developer offers a monthly £10 subscription promising to make your life easier, but is every product worth it?
The simple answer is no. There are as many useless options as there are revolutionary ones.
At OS Accounting we are experts in creating efficient bookkeeping solutions. We recommend a selection of the must have software products to make your bookkeeping as quick as possible, and give you real time management information.
We support Xero, Quickbooks Online and Sage One, which covers the most widely used cloud based software products in the UK available today. If you’re not on the cloud, we also know Sage Line 50 and Quickbooks Desktop inside out.
If you need help or advice, please get in touch.