Kashflow Bookkeeping and Payroll Software
Now is the right time to check your bookkeeping process (read why). For many companies, this involves considering online bookkeeping software options. The Hargreaves Owen team works with all the major bookkeeping software solutions. We’re delighted to review them for you and explain the options.
Since 2005 Kashflow has been providing cloud-based bookkeeping software to small businesses. It’s one of the four most popular bookkeeping products available in the UK.
Kashflow is a UK-based organisation. This means its methods are always in line with current rules and regulations for British businesses in terms of Tax and VAT.
How much does Kashflow cost?
- Starter – £11.50 a month
- Business – £23.50 a month
- Business and Payroll – £31.50 a month
A special offer is available, involving 90% discount for the first six months and a 14 day free trial. Explore the options in detail here.
Most of our clients using Kashflow have the Business package and benefit from our own special offer (when purchased through us) of:
- six months FREE usage,
- two hours of FREE training, and
- six months of FREE telephone support.
You are welcome to ‘try before you buy’. Our team can help you set up the package, and should you decide it isn’t for you after the first 6 months, there is no tie-in.
What is included in the Business Package?
Customers
- Raising sales invoices and e-mailing to customers
- Customise invoices with your logo
- Automatic invoicing for repeat billing
- Invoice from a quote
- Use the app to invoice when not in the office
- Pre enter a list of products/or services to speed things up
- Get paid faster by linking your invoice to PayPal/ Worldpay or equivalent
- Customer can click a button on your invoice to make payment immediately
- Automated chasing unpaid invoices
- Reports to show customer sales in a period
- Project reporting to see how much you make on individual jobs
Explore more detailed information about invoicing here.
Suppliers
- Create purchase invoices
- Set up recurring purchases
- Keep track of what you owe to suppliers and due dates
- Attach receipts on the go
Read more detailed information about purchases and expenses here.
Bank Feeds
- Link Kashflow to your bank account
- Automatically downloads transactions
- Create rules to enable Kashflow to put under the correct category
- Reconcile the bank even on a mobile
- Set up recurring items
Discover more details about banking functions within Kashflow here.
VAT returns
- Direct link to HMRC to file VAT return
- Easy to check before you file
- Calculates VAT on transactions for you
- Copy of previous VAT returns available
- See live VAT liability on the dashboard to help keep control
For more detailed VAT information, click here.
Payroll
- Online payslips
- Automated payroll option
- Auto enrolment made easy
- Real Time Information submission (RTI)
- Payroll yearend – produce P60’s and P11D’s
- Integrates with Kashflow bookkeeping
Explore more detailed information about payroll here.
Reports and Management
An important benefit of a bookkeeping system like Kashflow is the ability to run reports instantly – literally at the click of a button! You can see your profit and loss account monthly, or even weekly … it’s there immediately. It’s important to remember the information generated by Kashflow is as current as your bookkeeping records! It’s best to stay up-to-date as much as possible. Here are some of the reports you can run:
- Profit and loss account
- Balance sheet
- Trade debtors report (also shows how old the debt is) – who owes you money
- Trade creditors report – who you owe money to (suppliers)
- Sales reports, e.g. Income by customer, income by product
- Unreconciled bank transactions report
- Project reporting to details profit by project
There are many more reports available.
We hope this information is helpful. If you think Kashflow may be the right option for you, why not try it for free – for six months? Take advantage of our special offer! Please contact us for more details.