I'm part qualified CIMA (from many years ago!), worked as a cost/management accountant in industry for 12 years, then 15 years self employed providing management accounts to small businesses, and 3 years as director of a small company, looking after the finances amongst other things.
When I was running my business I was a Sage Reseller, and taught my clients to keep the books up to whatever level they could cope with, then did the rest, including sophisticated monthly management accounts. I developed some interesting automated systems to produce data that Sage wasn't designed for, and teleworked from home.
Then I had a mid life crisis, went travelling, and ended up in West Wales, where I can't imagine there are many businesses that would want anything that clever.
I actually moved here to do other stuff, but life never works out as expected, so I'm thinking of looking for some accounts work. I don't particularly want to do anything sophisticated again, and only want a small amount of work, so I'm wondering how to go about it.
The Money Laundering Regulations are new, and I wasn't aware of them. Has anything else changed in the last 6 or 7 years while I've been doing other things? I've got rusty on everything.
I've got Sage Line 50 unlimited users and unlimited companies, but it's V7. I think I was quoted £1,000 to upgrade it several years ago, and gave up on Sage when they started charging rip-off prices, but I'm still using it for my accounts. Would it cause problems using an old version, or is it best to go for something like VT Transaction + that I've had a quick play with?
I've probably got loads of other questions, but would appreciate any comments or suggestions on what I've said so far.
As long as it works and you're happy with it there's no problem to using Sage 50 V7 of coruse Sage do no longer support this version (they're just in the process of dropping support for V11).