I am relatively new to bookkeeping and have just taken on my first client. He owns a petrol station and tyre fitting business and he wants me to look after his books, VAT, payroll etc....
The system currently in place is a mixture of manual ledgers to record cash sales, cheque payments, petty cash, bank reconciliation and computerised sales and purchase ledger, invoice production, stock control etc.... The computer system is ancient - still linked to a dot matrix printer.
This system does work, used for 15 plus years and regularly audited but i would just like to bring it into the 21st century.
I use sage instant accounts but can anybody recommend a package which would let me do all of the above - is Sage line 50 the one to go for and how much would it cost.
Hi Nigel, I use Sage Line 50 for all my book-keeping clients who require ledgers to be kept up to date. It works well, but compared to other packages e.g. QuickBooks, MYOB etc it is expensive. If you shop around you can save a few hundred pounds though. The RRP on Sage is £616.88, but you can pick it up for approx. £457.
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Hi Nigel, MYOB Accounting will certainly cover all of the above & as already mentioned, is far cheaper than Sage. I joined their Bookkeeping Partners Scheme last year, which allows you to buy the software at a discount & re-sell it. I've just made my first software sale & I'm about to start work for 3 clients using MYOB. There are still a number of things I prefer about Sage but MYOB is growing on me.
If considering an online system... e-conomic is very good and worth checking out. Our members also get some extras with this system.
We use Sage mostly, but I do think it is just a bit pricey compared to the alternatives. People just don't often need everything the Line 50 has in it.
