End of year accounts.
Perhaps the most useful aspect of a computerised accounts
system is the fact that once the information is recorded, it
can be used to give you a snapshot of the business performance
at any time, which is ideal when preparing your end of year
At the end of every financial year, your accountant will need
to audit your records and, with a manual system, this can be
a tedious process. If you have a computerised system, the process
is made much simpler for you and your accountant. Hopefully,
it will take less time to conduct the audit, and you and your
staff will be free to get on with running your business.
Do's and Don'ts of buying accounting software.
Walk into a shop or dealership and buy the cheapest
thing on offer.
Remember, it is not the PC that does the real work, it is the
software and if you buy a system that is not suited to your
business it could cost you a lot of time, effort and money later
Define what it is that you need your accounting software
package to do.
Do you want to run you whole system on it or just do some sales
invoicing? Will you need to automate just the main ledgers or
would you like to put sales order processing, purchase order
processing and stock control onto the computer? Do you have
any special procedures or requirements specific to your business
which you must stick to, whatever the system? It is important
that you answer these questions before you start shopping around.
Collect some information on accounting software products
Read some of the reviews published in computer magazines.
Talk to your accountant, who may be able to advise you about
some packages. Information may also be available from authorised
software dealers, large retail stores such as PC World and professional
bodies such as the Institute of Chartered Accountants.
Where can I buy the software online?
Sage Software Ltd is the UK's largest supplier of accounting
and payroll software.
For more information contact Sage on 0845 3000 900 or on the
Internet at www.sage.com