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Post Info TOPIC: using accounting software in the internet- direct debit


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using accounting software in the internet- direct debit
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Hi guys

1. I would like to ask you for advice. I don't like when money is automatically paid out from my bank account. I prefer to prepair transfer manually etc and press' send' at the end. I want to buy access to sage 50 for a month. They told me that if I want to buy sage i have to pay using direct debit from my bank account. Do you think guys it is possible to pay sage people via transfer from post office or sth ? I prefer this method of payment. 

2. Due to my zero knowledge in this field this question some people might find weird. I wonder if it is possible to buy accounting software somewhere so that you pay once and you have lifetime access to this software ? 



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Hey dude,

You can buy Sage for yourself.

If you want 'A' version for your eBay business let's say, you'll be looking at around £100, give or take.

Should you want to buy a copy of Sage for an accountancy practice expect to pay thousands.

For point number 1, you may not like it, but Sage certainly will!

Sage is fantastic software, subject to opinion, but it is expensive.

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Johnny  - Owner of an overly-active keyboard. 

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Master Book-keeper

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Hi Rafal

 One bit of software I can recommend (But I must state its different to sage) is VT Transaction+.  There's a 60 day free  trial, maybe worth a play to see if you take to it.  If you like it it'll cost you £150 as a one off fee (1)

www.vtsoftware.co.uk

 

(1) Without the MTD function



-- Edited by Leger on Friday 28th of April 2017 10:54:43 PM

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John 

 

 

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thanks guys for replies. Unfortunately, I don't have regular excell installed on my laptop but you have to have it if you want to have transaction vt on your laptop.

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If I was in your position I'd go for VT.

I wish I'd done the same, accountants love it. Here, AWEB, AAT forum - it is trusted, it is well liked, it is priced very well.

But having said that, nail your studying first then decide which software you'd like to use.

I will add - whilst in your current state of study learn as much as you can about Excel or OpenOffice.

Regardless of cloud, desktop, VT, Sage or anything inbetween- EXCEL (or OpenOffice) is king.

If you can do what you want to do on Excel you're laughing.

First learn by pen and calculator, then spreadsheet.



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Johnny  - Owner of an overly-active keyboard. 

A man who can read, yet doesn't, is in no way wiser than a man who can't.

 



Master Book-keeper

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rafapak wrote:

thanks guys for replies. Unfortunately, I don't have regular excell installed on my laptop but you have to have it if you want to have transaction vt on your laptop.


 For VT Transaction+ you don't need it.  That's for VT Accounts, which pools everything from the bookkeeping side (VT+) and allows you to produce year end accounts.  You get a 60 day trial of that as well but to continue it's an annual subscription.  VT accounts is restricted in trial mode, but VT+ isn't.



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John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.



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thanks guys for replies

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Master Book-keeper

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Hi Rafal
If you are just looking an extra month to practice for your exams, then just download another free trial via a separate email address. So if you have a gmail address then set up a hotmail one with the same name. Might sound dodgy but that is exactly what sage suggested to me when I was trialling sageone and didnt get round to testing it in the first month as I got busy with work.

To get 'lifetime' access to sage you need to buy a perpetual version, which can be expensive, depending on which version you choose and then how many companies you opt to have on it. But even that does have a life expectancy, although I have a customer still working on 2008 version, plus one with a 2006 version. But for where you are in your career I wouldnt bother with that just now as you are a while off it and a lot will have changed by the time you get through to finishing level 4.

Re the direct debit issue - when you are asked to complete a direct debit you will get a guarantee, which is backed by the banks. So any problems/disputes with them taking the incorrect amount on the wrong date etc you can make a claim through the direct debit guarantee scheme, your Bank will do an immediate refund and then go after the supplier. Obviously if they prove you owe them the money then they can go after you for it, but such companies have to jump through many many hoops to be able to process such things, so you are ok to go with the D/D option.
HTH

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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position



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I was to take part of Joanne's post as a quote to my response but it wasn't quite what Joanne said so - 

 

At this precise moment focus purely on your text books. When you have finished the qualification you will, if like me and others I am sure, switch from study text to HMRC guidance and legislation. 

 

Post qualification refer back to your books to keep things fresh in your mind, maybe a chapter here and there.

 

 



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A man who can read, yet doesn't, is in no way wiser than a man who can't.

 

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