Key Features of MyBookkeepingManager
The purpose of MyBookkeepingManager is to provide simple-to-use bookkeeping software / accounting software that enables freelancers, contractors, sole traders, and other micro businesses, to easily keep track of their monthly revenue and spending.
The software offers a wealth of features:
- Extremely cheap to buy (almost free !) as a download.
- Purchase of the software 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 you are using the VAT Flat Rate Scheme (FRS). If you are not using the VAT FRS, you can still use the software by simply ignoring/hiding any VAT FRS-specific information.
- Estimates dividend amounts that can be distributed to shareholders of the company, and enables dividend tax vouchers to be generated.
- Estimates the amount of corporation tax due for a financial year.
- Works across multiple financial years.
- Calculates retention rate. This is often useful for contractors, enabling them to see how tax efficient their particular way of working is proving to be.
- Enables individual spreadsheet columns to be shown or hidden.
- Enables reports to be generated and exported in comma separated value (csv) format so that they can be imported into a spreadsheet package such as Microsoft Excel.
- Supports multiple users.
- Written in open source software (PHP and MySQL) so can be easily customised.
- Integrated online help and FREE email support.
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