Simple Accounting Spreadsheets – The pro’s and con’s of using the Cash Accounting VAT Scheme

April 10th, 2012

Many practising accountants recommend the Cash Accounting VAT Scheme.  The simple bookkeeping structure and positive cash flow benefits make this an ideal accounting system for many smaller businesses. Using  conventional  VAT accounting you will pay VAT on any invoices you have issued, even if you have not received the payment, and you reclaim VAT on any invoices you have received, even if you have not yet paid your supplier. The Cash Accounting Scheme differs from this. You [...]

Mr.SpreadSheet’s Accounting Software – Who needs it ?

March 6th, 2012

Potential customers often email me for advice on the suitability of our product range for their businesses. So, in this blog I thought that some rough guidelines  might help. Our accounting spreadsheets are designed for  small businsses and  ‘Not for Profit’ Organisations. The MrSpreadSheet Accounting Software range caters for VAT, Flat Rate VAT and non VAT Registered businesses. Typically our users would have up to 100 transactions per month. Most [...]

Why choose a Bookkeeping Template for your small business?

February 21st, 2012

Bookkeeping Templates  - I am biased … Now, let’s be honest, I sell accounting spreadsheets, so, I am obviously biased! My answer will sing the praises for  ‘simple’, easy to use bookkeeping and accounting spreadsheets and at the same time pour ridicule and scorn over more expensive proprietary accounting software  packages. But, not so. My background is 100% Accountancy, and for the past 25 years 80% Accounting Software.  I am [...]

Accounting Templates for Small Businesses – Right or Wrong ?

February 8th, 2012

It is easy and inexpensive to use accounting templates but are they the correct choice for small businesses?   We all know that there is a legal requirement to maintain accurate accounting records covering your business transactions. The tax man, the VAT man and a miscellany of compliance regulations means that accurate bookkeeping records are essential. Notwithstanding the above, keeping correct information is vital if you want to run your [...]

Accounting Templates or Accounting Software …

February 2nd, 2012

Accounting Templates – A historic tale … I am very old, in fact I am old enough to remember good old fashioned Accounting Ledgers, Yes, those archaic, well-thumbed pages bound by two black leather covers and covered in pristine numeric script. Also popular at the time were large red cash books, which when opened had row after row and column after column of this same pristine numeric script. [Could the [...]

Accounting Spreadsheets and Excel 2010 Starter Version…

January 18th, 2012

Those naughty boys at Microsoft have started to ship a ‘CUT DOWN’ version of Microsoft Office on new PC’s and Laptops sold through retail outlets. This starter version has VERY limited functionality, and seems to be no more than a marketing ruse to get you to upgrade to the full version. So, BEWARE that this is NOT the full package and many of the NORMAL features will not be available. [...]

Accounting Software – are accounting spreadsheets the answer for small businesses?

January 5th, 2012

Accounting Software – are accounting spreadsheets the answer for small businesses? Spreadsheets are widely used and understood by most business people, so it comes as no great surprise that accounting spreadsheets are a popular choice for many small businesses. All businesses need to keep accounting records; both for compliance and management purposes, and for many smaller businesses, simple accounting spreadsheets are all that are required. Let’s just outline exactly what [...]

Accounting Software – Mr.SpreadSheet’s very humble origins …

December 14th, 2011

Accounting Software - MrSpreadSheet’s very humble origins … Accounting Spreadsheets on eBay … One day I was trawling through eBay and, because my business  has long been involved with accounting products, I typed  the two words  Accounting Software  into the search box and carefully reviewed the results.   Apart from the usual suspects of Sage and QuickBooks, I was quite surprised to see many unheard of  brands. In fact it was [...]

Accounting Spreadsheets and Macro Security

December 5th, 2011

One of the most common questions customers ask relates to the use of Macro Security in our Bookkeeping Spreadsheets. To automate routines within our software, most of our Accounting Spreadsheets use a programming language called Visual Basic for Applications (VBA). Whenever you attempt to load an Excel spreadsheet that uses VBA, you will be warned of this fact. (This is for your protection, as VBA could be used to introduce [...]