Datak

All businesses need to keep track of their accounts in some way. Some companies or individuals choose to use Excel spreadsheets and manage it themselves, whilst others either use an off the shelf accounting software program such as Sage or even outsource the whole thing to an accountancy firm. Whichever way you do it, it is all about keeping up to day and on track as if you leave it too long a small task becomes very quickly unmanageable.

There are many accounting software packages out there that you can use and to find the best one for your business may take a bit of research. You firstly need to decide what you want it to be able to do; such as payroll, creditors and debtors lists, invoicing, profit and loss reports and VAT returns etc. Once you have a list of all the functionality you need you can then start to compare the software on offer to see which offers you what you require at the best price. You should also consider what support you will have should you have any issues with it and how easy it is to ensure your data is backed up. Some accounting software now allows you to back up to the cloud to ensure your data is accessible from other places other than your office PC.