QuickBooks is a very well-known accounting software provider, founded in 1998 in the States and now widely used across the UK. It’s one of the most affordable packages on the market, with plans starting at £8 per month.
QuickBooks is also one of the most comprehensive accounting packages currently available. It includes all the basics, such as invoicing and quoting, plus a solid selection of company reports. It also includes multi-currency support, multi-user access, and payroll functionality.
Unlike many of its competitors, QuickBooks also offers a good credit management facility. Credit management is an important but often overlooked priority for small businesses. The ability to clearly understand client risk and invoice ageing can be a major help for firms that wish to avoid cashflow problems.
If you need to complete a Self Assessment, QuickBooks claims to make the process easy. It offers a running total of your tax estimate, calculated based on your income and your allowable expenses. If you have an accountant, you can invite them to access your QuickBooks installation and they will be able to easily see your figures to send to HMRC.
QuickBooks is a solid choice for both freelancers and small businesses. If something does go wrong or you have a question, support is available by phone, email, and live chat.
Freelancers and small businesses
Cloud, SaaS, Web
Mobile Android and iOS