MyBookkeepingManager is a bookkeeping application aimed at UK-based contractors, freelancers, and other very small (micro) businesses, typically those having less than five employees.
MyBookkeepingManager concentrates on the main bookkeeping activities performed by many such businesses, providing a simple, easy-to-use, software application.
The software can be either used online, or it can be downloaded and installed on a web server of your choice.
MyBookkeepingManager enables monthly sales, loans, salaries, income tax, national insurance (both employees and employers), pension contributions, bank Interest, bank charges, office or desk rental, and plenty of other expense amounts to be entered.
The software then automatically calculates the amount of VAT owed (if you are using the VAT Flat Rate Scheme), and estimates the size of dividends that can be distributed to shareholders and the amount of corporation (business) tax due.
Figures are presented in a straight forward Spreadsheet format, making it very easy to see at a glance how your business is doing.
Key Features of MyBookkeepingManager
The purpose of MyBookkeepingManager is to provide a simple-to-use bookkeeping application that enables freelancers, contractors, and other micro businesses, to easily keep track of their monthly revenue and spending.
The application offers a wealth of features, as introduced in the following list.
* Extremely cheap to buy (almost free !) as a download.
* Purchase of the application download also gives access to an fully-functioning online version.
* Enables Company revenue (sales, bank interest, loans, etc) and spending (salaries, rent, lease, tax and national insurance payments, etc) to be easily recorded.
* Calculates the amount of VAT payable if using the VAT Flat Rate Scheme (FRS). If you are not using the VAT FRS, you can still use the application by simply hiding any VAT FRS-specific information.
