There are many reasons why businesses decide not to install special accounting software. These include perceived costs, worries about complexity, and the gut feeling that piling receipts into a shoebox and handing them to an accountant at the end of each year should be sufficient.
The truth is that whilst all these reasons may have been valid in the past, times have changed and there are now some extremely persuasive arguments as to why accounting software is a must for all businesses. Let’s start with cost. While accounting software used to be pricy, with costs escalating for each additional user, it is now possible to get hold of a decent accounting package which won’t cost a penny. For example, we provide all our clients with an online accounting system called KashFlow. Normally costing in excess of £200 per year, Solid Limited clients receive KashFlow for FREE.