At Beany we recommend our clients use Xero, which is fantastic software to manage all your business finances. There are different options to choose from, depending on your business needs.
Xero non-VAT Cashbook
This plan allows you to keep track of all your business transactions reconcile your bank account, and prepare reports such as profit and loss, cashflows or balance sheets. If you're just starting out, don't need to send invoices and aren't VAT-registered, we recommend this plan. Monthly price is £5.50 plus VAT.
Xero VAT Cashbook
If you're registered for VAT but don't need software to send invoices then this is a good entry-level option. You can't add on Xero payroll at this level. Cost is £9.50 per month + VAT.
This plan is for businesses that need to create and send up to 20 invoices a month. It also allows you to add payroll. It costs £14 + VAT monthly. (extra charges for payroll use).
This plans allows you to send unlimited invoices, and also enter unlimited creditor bills. You'll have access to Xero expenses free for 3 months. The price is £28 + VAT per month.
This plan has all the features of standard, but also gives you the ability to transact in multiple currencies and includes features for short-term cash flow and business snapshot. Cost is £36 + VAT per month.
Have a chat to our Support team if you're not sure which plan is right for you.