Accounts Spreadsheets - the CASH Accounting range ...

Cash Accounting enables you to account for VAT on the basis of payments made and received instead of on tax invoices issued and received.

If you use this popular and easy scheme then our Accounting Programs for Cash Accounting range is ideal. . Based on our  best selling EASY Accounting Software it is designed for small businesses who have a limited understanding of bookkeeping, but who want to be able to produce accurate and informative records.

The KEY feature of this accounting software range is its EASE of USE with absolutely no accounting experience necessary. 

It is available in three separate VAT formats:

The software is written using Microsoft Excel and is designed in a Monthly Worksheet format. The software simply records ALL of your business transactions using ONE LINE per transaction. If you want to maintain accurate accounting records, but have limited accounting experience  then this is the product for you.

SIMPLE  -  FAST  -  ACCURATE  -  INFORMATIVE

The main features include a detailed Income and Expenditure report covering your accounting year , consolidated worksheet containing ALL the years transactions, a user definable accounts structure, automatic VAT Returns, detailed 'Year End' schedules and user notes for your accountant, a 'csv export' facility and 'at a glance' Monthly Income and Expenditure reports and Sales Analysis.

' Super product, spot on for a small business ... AQ, Gloucester  '

' Fast, Efficient and VERY Professional service. Highly recommended ... WP, Southport '

 

 

What is cash accounting?

Cash accounting enables you to account for VAT on the basis of payments received and made instead of on tax invoices issued and received.

The VAT payable or repayable for each accounting period will be the difference between the total amount of VAT included in payments received from your customers and the total amount of VAT included in payments made to your suppliers.

Who can use the scheme?

Cash accounting is open to you if you are a registered trader with an expected taxable turnover not exceeding £1,350,000 in the next twelve months. The main conditions are that you should have made all necessary VAT returns and have made arrangements with HM Revenue & Customs to clear any arrears of VAT payments.

There is no need to apply to use the scheme, but you should start to use it at the beginning of a tax period.