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Multi Company bookkeeping software

Multi Company bookkeeping software

Hi, I've quite happily used Sage Line 50 Accountant, multi company, for years for doing bookkeeping and VAT for a number of clients.  I bought it outright years ago but due to MTD need to look at updating it.  Have contacted Sage for a quote for a multi company licence but to date they haven't even had the decency to reply to me.  Therefore time to move on and looking for recomendations on a good user friendly multi company bookkeeping package.  I'm sure this will have been discussed here already but having searched can't see anything regrding multi company sotware so if anyone can even point me in the right direction to it that would be great.  Thanks in advance. 

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14th Mar 2019 18:28

Another vote for VTT+, at the very least have a play using the 60 day trial. You'll need to get VT Accounts though in order to file VAT as an agent (Cost £150 + VAT a year)

Alternatively, have a look at NJT VAT filer, this should allow you to import a csv file from sage and file that way, allowing you to continue using sage.

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to legerman
14th Mar 2019 18:34

legerman wrote:

Another vote for VTT+, at the very least have a play using the 60 day trial. You'll need to get VT Accounts though in order to file VAT as an agent (Cost £150 + VAT a year)

I'm reading it as £150 + VAT for VT Accounts and then another £75 + VAT for the new VT VAT Filer.

Happy to be corrected........

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to lionofludesch
14th Mar 2019 18:43

My understanding - VT final accounts and VTT+ (Accounts suite)= £150, comes with MTD VAT filer.

Only pay extra £75 if you only have have the VTT+

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to Cheshire
14th Mar 2019 19:03

Cheshire wrote:

My understanding - VT final accounts and VTT+ (Accounts suite)= £150, comes with MTD VAT filer.

Only pay extra £75 if you only have have the VTT+

It won't be an extra £75 will it? I know what you meant though and that's my understanding too.

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By Matrix
to Cheshire
14th Mar 2019 21:39

I thought that you always had to pay to buy VTT+ but you only had to pay annually if you used final accounts, the accounts suite. Now you pay £75 to buy and pay £75 in subsequent years to submit via MTD if required.

So we won't pay extra if we have the accounts suite but clients who previously did not pay annually will have a £75 fee.

That is my understanding anyway.

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to Matrix
15th Mar 2019 11:08

That's correct, Matrix.

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to JDBENJAMIN
15th Mar 2019 13:02

Good news indeed.

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14th Mar 2019 18:44

You dont need to update Sage (dont believe what all the software houses say, especially Sage!), keep using it and just get some bridging software for MTD purposes.

I have clients on 2008 version - still works perfectly well.

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14th Mar 2019 18:54

Hi Graeme,

I'm sorry that no one has responded to your email. If you are still interested in obtaining some pricing options please feel free to drop me an email and I will look at it for you and let you know the different options and products that are available to you. [email protected]

Thanks
Kevin Brown
Regional Development Manager
Sage UK - accountants

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to kevbrownuk
14th Mar 2019 18:59

kevbrownuk wrote:

Hi Graeme,

I'm sorry that no one has responded to your email. If you are still interested in obtaining some pricing options please feel free to drop me an email and I will look at it for you and let you know the different options and products that are available to you. [email protected]

Thanks
Kevin Brown
Regional Development Manager
Sage UK - accountants

Would you agree that he'd be much better off using bridging software than paying out unnecessarily for the sage MTD add on?

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to legerman
14th Mar 2019 19:10

legerman wrote:

kevbrownuk wrote:

Hi Graeme,

I'm sorry that no one has responded to your email. If you are still interested in obtaining some pricing options please feel free to drop me an email and I will look at it for you and let you know the different options and products that are available to you. [email protected]

Thanks
Kevin Brown
Regional Development Manager
Sage UK - accountants

Would you agree that he'd be much better off using bridging software than paying out unnecessarily for the sage MTD add on?

Well this depends on where you see the value. their are other features in more recent releases of sage50 which
May have benefits to outweigh the cost. Their is also the sage business cloud accounting range of products which could be a consideration to move too as an alternative to sage 50.

If your doing things based on cost alone then yes their may cheap alternatives.

The same can be said for almost any product/service in any other industry. I come across accountants on a daily basis who sell packages of different tiers bronze/silver/gold etc. Does every client always pick the cheapest option? I highly doubt it.

Electronic brands, car models etc.

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to kevbrownuk
14th Mar 2019 19:08

I am sorry but I too have contacted sage and I never get a reply - also every time I talk to sage they want more money - however they are the same as all the other money making software companies . Also wonder why they block my comments on FB ?

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to GHarr497688
14th Mar 2019 19:19

GHarr497688 wrote:

I am sorry but I too have contacted sage and I never get a reply - also every time I talk to sage they want more money - however they are the same as all the other money making software companies . Also wonder why they block my comments on FB ?


Hi,
Again if you have anything that you would like clarification on please feel free to drop me an email and I will look to get a response for you.

[email protected]

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to kevbrownuk
14th Mar 2019 20:18

when you have an online contact form then really your staff should honour the statement that says someone should come back to you and maybe your staff should not threaten to increase costs by 30% if you don't go to the cloud . Emailing from a post on Aweb will not inspire confidence as you are trying to prevent bad publicity. Not the way to do business.

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15th Mar 2019 11:13

Let me add a further voice to those recommending VT Transaction Plus. It is the best accounting software I have ever used, and the cheapest. It is very easy to get to know, and everything is easily correctable.

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15th Mar 2019 11:36

Can VT be used on an Apple Mac ?

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to GHarr497688
16th Mar 2019 15:54

I use Parallels for Mac if I want to run any Windows software, works well.

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By johnt27
15th Mar 2019 12:56

TBH any modern accounting/bookkeeping software solution will be an improvement on an old version of Sage 50.

If you want to streamline your bookkeeping services then you need to move to the cloud. Xero and QBO are the best choices - don't be tempted by any of the other pretenders in the market. Both have features such as bank feeds which will save you enormous amounts of processing time. There are some feature limitations when compared to Sage, particularly around stock, that may be an issue but these aren't insurmountable.

You'll potentially incur more cost than you would with upgrading Sage, although their pricing is so messed up it's almost impossible to be sure. That additional cost though will be saved with the efficiencies gained and allow you to take on more clients, do less work for the same fee or provide additional services to your clients.

You could, of course, carry on with Sage linked to bridging software (as previously suggested). Absolute Tax offer theirs at £40 for 10 businesses for 13 months which might be particularly suited for you.

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By Matrix
to johnt27
16th Mar 2019 07:38

If you are doing the bookkeeping and your client would never logon then VT is perfect and there would be no point paying for cloud software.

I agree there are lots of benefits of cloud software if clients login.

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to Matrix
16th Mar 2019 09:39

Matrix wrote:

If you are doing the bookkeeping and your client would never logon then VT is perfect and there would be no point paying for cloud software.

I agree there are lots of benefits of cloud software if clients login.

This is absolutely the nub of the matter. VT won't work so well if the client's keeping the day to day books. You'll work on them, he'll work on them and you'll end up with different versions. That's when you need cloud.

But, if there's only you working on them, software like VT is fine.

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to lionofludesch
16th Mar 2019 09:47

lionofludesch wrote:

This is absolutely the nub of the matter. VT won't work so well if the client's keeping the day to day books. You'll work on them, he'll work on them and you'll end up with different versions. That's when you need cloud.

We have more than one client who keeps their records in VT and we both work on them via dropbox.
As long as we aren't both working on them at the same time then these issues don't occur.
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to Wanderer
16th Mar 2019 09:56

Wanderer wrote:

We have more than one client who keeps their records in VT and we both work on them via dropbox.
As long as we aren't both working on them at the same time then these issues don't occur.

Well, that's a good solution.

But Dropbox is in the cloud.

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