Does anyone have any recommendations for free accounting software for small businesses? Many thanks in advance.
QuickFile and Wave.
VT cash book is free.
Have a look at Pandle it has a free and Pro version. The latter is £5pm for the business or £2.50 under the accountant's sub. I've been really impressed with the rate of development, including the mobile app.
Flagging. Free bookkeeping software.
If you have a business account with Natwest they give you FreeAgent as part of the package.
I'm (volunteer) treasurer of a sizeable sports association which banks with NatWest. Moving to FreeAgent from manual spreadsheets has changed my life! I love it.
QuickFile I never liked. Used to be a fan of Wave until Pandle came along. Very impressed so far. I’d try that first.
VT Cash Book suits me but not all clients
Quickfile gets my vote.
(It's free for the first 1000 entries that you make, and then £54pa if you make more than 1000 entries).
Free software is worth every penny you spend on it.
Wave Accounting, they do seem a little slow on MTD connection though
I use Wave. It's Canadian software and free. I find it very good for a small business. Well worth a look.
Free bookkeeping software is obviously free for a reason. That could be to entice you to use premium features. Or to launch a new product. Or to start charging fees after you become hooked. Completely free software is not a long term solution, but it can be a good starting point.
I use QuickFile for my own small company because it does everything I need with the flexibility I want. It won't suit everyone because you need a decent grasp of bookkeeping, year-end accounting and tax calculations if you want to do everything yourself. It also handles foreign currency transactions and VAT pretty well, including MTD.
Masses of support from user forum
I use the portable version on a USB memory stick.