What is MyBookkeepingManager?
MyBookkeepingManager is basic, sole trader and contractor accounting Software. Typically, the software provides a useful accounting / bookkeeping tool for businesses that have just one or two employees, for example, IT contractor limited companies.
In general, contractors, freelancers and sole traders perform their own bookkeeping activities and as such need to have at their disposal simple finance / accounting software that frees them up to be able to concentrate on running their businesses. MyBookkeepingManager is very easy-to-use, cheap, bookkeeping / accounting software for contractors, freelancers and sole traders.
MyBookkeepingManager was designed and developed by a UK-based IT contractor running a small limited company in consultation with an accountancy firm, and as such is aimed squarely at the needs of UK micro businesses.
What does MyBookkeepingManager do?
MyBookkeepingManager enables monthly sales, loans, salaries, income tax, national insurance (both employees and employers), pension contributions, bank account interest, bank account charges, office or desk rental, and various other expense amounts to be tracked.
The software then automatically calculates the amount of VAT owed (if you are using the VAT Flat Rate Scheme), calculates the size of dividends that can be distributed to shareholders, the amount of corporation (business) tax due, the amount of retained earnings (retained profit from the current year as well as previous years) held in the company, plus much more.
You have the flexibility to use as much or as little of the sofware as you require. When adding a new month to the financial spreadsheet, you can choose to only enter data that is relevant to your business; data that is of no interest can be easily hidden from the spreadsheet. For example, you could - if you wanted to - only enter sales figures and nothing else. You could then configure the spreadsheet so that it only displays sales data.
Running on a Kindle Fire HD
As mentioned above, all figures that have been entered or generated are presented in a straight forward spreadsheet format, making it very easy to see at a glance how your business is doing. You can also create dividend tax vouchers and produce a large range of financial reports that can be printed or exported in .csv format and passed onto your accountant to assist with the production of your company accounts.
Is MyBookkeepingManager right for me?
If you are looking for a basic, cheap, very easy-to-use, web-based (no installation required), accounting / bookkeeping software application that doesn't include all the heavy-duty functionality that is offered by some of the fully-blown solutions available, then MyBookkeepingManager may well be the right software application for you.
We recommend that you check out our video and list of features to get a much better feel for the software and what it can do.
Remember that there is a once-only (very small) fee to pay - no monthly subscription is necessary - and if you choose to use the web-based version you should be up and running within a few minutes and will automatically be using the latest version of the software at all times.
The web version also gives you the flexibility to access the software from any web-enabled device such as a normal PC, laptop, tablet or mobile phone, meaning that you can easily access MyBookkeepingManager from anywhere with Internet access - making it easy to keep your business finances up-to-date at all times.
The software features context-sensitive help, and a large selection of user guides are available on this web site. Email support is also provided and we will always try to get back to you within 24 hours from receipt of your query.