When I started out the advice on suitable software from the faithful was brilliant. Like a lot of sole practitioners I used a combination of VT / Moneysoft and gradually introduced cloud based Taxfiler / AM as my DBMS but now during the pandemic I believe that the sands are shifting full throttle towards all cloud based solutions and I don't want to be left behind although I've embraced some cloud solutions.
The price for VT is fabulous - £150 plus vat and I still think it's a great product, I've been paying the same amount since 2012, loyalty sometimes doesn't result in small 15% increases.
However, I require additional functionality (apps) and speed preparing quarterly managment accounts, final accounts and additional services which VT can't handle.
I have a number of clients who still send me / drop off bags of receipts, I don't want them spending money on postage anymore and taking time out to post or deliver documents if they don't use a door to door courier service. The new normal for now is working remotely anywhere in the UK and definitely less face to face meetings in the office.
With MTD income tax round the corner I think the need for instant cloud accounts production access is now imperative and would give me a quicker turn around that unfortunately VT just can't deliver.
I have been looking at the reviews for Xero, Quickbooks and Clearbooks and there appears to be different camps for favouritism, I'm looking for a subscription that my smaller clients could stomach, fees - £250 - £400 plus vat and something that is easy to use for clients.
At the moment I am leaning towards Clearbooks (uk software provider?) because I believe it' s cheaper at £6 per month per client, could someone clarify this as accurate and are there partner discounts for Accountants that could be passed onto clients.
I like the look of Xero services but although look’s great for me I want simplicity for small clients, can they understand the basic elements of the software with minimal training.
I would also appreciate if someone could describe the fee structure of auto entry with the credit pricing, this seems a bit vague. If I have 20 receipts a month, five pages of monthly bank statements and 20 sales and purchase invoices what would that cost a client per month using auto entry. My clients want fixed easy to understand subscriptions.
Receipt Bank pricing seems a bit clearer but I’ve read that the price is steep for smaller business clients thus leaning towards auto entry if I could understand the pricing structure.
In summary, as this is a lot longer than I anticipated when I started the post.
Appreciate advice from anyone who changed from VT to Clearbooks and the advantages / disadvantages of the change.
looking for some advice on how it was for you changing to cloud based entirely and how your clients accepted or resisted the change and the additional subscription costs, did you absorb or pass on all or part of the cost.
How did you work out the price of auto entry by ditching paper expenses / receipts etc.
I noticed in previous threads that Paul Scholes was a supporter of Clearbooks which isn't a bad recommendation as I believe he was a highly respected contributor on this forum.