Moving into the 21st Century - MTDfb

Moving into the 21st Century - MTDfb

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Woody3

Original Poster:

748 posts

205 months

Friday 23rd February 2018
quotequote all
We are now required to keep our accounting records in digital format due to the upcoming MTDfb. At the moment the records are done with pen and paper, so it's going to be quite a change for us.

We are a food retail shop.

I'm unsure what software to use - Sage etc doesn't really mean much to me at this stage.

All we are after is something that we can log:

- Incoming Invoices
- Cash/Cheque Payments
- Cash Sales
- Banking
- Recording incoming/outgoing VAT

and is cost effective (read cheap) to use.

What software would be best to suit our needs? I'm holding back from asking our accountants at this stage, as they'd be likely to make us use something that suits them more than it would suit us...

Woody3

Original Poster:

748 posts

205 months

Saturday 24th February 2018
quotequote all
Yes, T/O is in excess of £85k.

Cheap as in, we are a micro business, in a ex coal mining, Northern town, so could do without spending £100+ a month on software that we've managed to do for free on pen and paper for the last 30+ years. And yes, I'm a tight Northerner hehe