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ONLINE
ACCOUNTINGSOFTWARE
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Secure online accounting made easy.t:08456-800-471 e:[email protected]
No more drowning in paper
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Freedom from EvilTraditional accounting is at an end
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by LesLey MeaLL
ONLINeaCCOUNTING
sOFTWaRe
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Thi rport i pulih th Informtion Tchnolog Fcult of th Intitut of Chrtr
accountnt in engln n Wl. Th viw xpr o not ncril rflct tho of th
Council of th Intitut.
Copright 2008 ICaeW
all right rrv. No prt of thi puliction m rprouc, tor in rtrivl tm
or trnmitt in n form or n mn, lctronic, mchnicl, photocoping, rcoring or
othrwi without th prior prmiion of th pulihr.
No rponiilit for th lo occion to n pron cting or rfrining from ction rult of
n mtril in thi puliction cn ccpt th pulihr.
IsbN 978-1-84152-632-4
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CONTeNTs
1. INTROdUCTION 4
2. BENEFITS 6
2.1 avntg of Onlin approch 6
2.2 Gtting Clor to Clint 6
2.3 bnfit for th smllr buin 7
3. CONCEpTS 8
3.1 Th Rquirmnt for Onlin acc 8
3.2 softwr srvic 8
3.3 sft n scurit Conirtion 9
4. ChOICES 10
4.1 Coniring th Option 10
4.2 bfor n aftr 11
4.3 supporting Collortion 12
4.4 Coniring Cot 12
5. RISkS ANd REWARdS 14
5.1 Potntil Concrn 14
5.2 Protcting your Invtmnt 14
5.3 Fr n Trut 15
6. REvIEWS OF ONLINE ACCOUNTING pACkAGES 16
WinWebOnlineOffice5 16
accountsIQ 18
LibertyAccounts 20
LiquidAccounts 22
Sage50AccountsProfessionalOnline(fromSage)andOnline 2450(fromITInsideOut)
7. SUppLIER dIRECTORy 26
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onlin ccounting tm n th onlin vrint of
tritionl on-prmi tm. you cn r out thi in
sction 4: Choic.
Thr r ozn of onlin ccounting n ookkping
offring vill, rnging from ntr-lvl prouct
im t uin popl with no ookkping xprinc,
to mor ophitict tm im t uin with
in-hou finnc xprti, n thi gui will lit
lction of thm in sction 7: supplir dirctor. It will
lo tk clor look in sction 6: Rviw of Onlin
accounting Pckg, whr ou cn fin out mor out
th following pckg:
WinWeb;
accountsIQ;
LibertyAccounts;
LiquidAccounts;
Sage50AccountsProfessionalOnline andOnline50.
No icuion of onlin ccounting tm cn tkplc without mntioning th unrling tchnolog. so,
whthr ou r tring to unrtn trminolog uch
appliction srvic Provir n softwr srvic,
or grppling with ron connction n rowr,
ou will fin tchnicl trm of rfrnc n concpt
xplin in clr, non-tchnicl lngug, in sction 3:
Concpt.
With th upport of thi gui, finnc profionl who
r coniring onlin ccounting houl l to
pproch th ciion-mking proc from n inform
poition, with n pprcition of th pro n con,
prcticl conirtion, n finncil impliction of th
choic th mk.
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accountnt hv hitor of xploiting informtion
tchnolog, n our nthuim for th prht
hlp to kick-trt th pronl computr rvolution
ck in th 1970. but mn finnc profionl r
prunt with tchnolog th r with othr popl
mon, n ovr th pt c th hv wtch from
f itnc whil mor vnturou ccountnt took
awalkalong(andsometimesover)thebleedingedgewithonlin ccounting tm.
2.1 AdvANTAGES OF ONLINE AppROACh
For mn ccountnt thr i till wning chm
twn pprciting th potntil of w-
ppliction n mking th lp of fith rquir to u
thm, ut ovr th pt r th numr of vill
tm h noticl incr n th numr of
uin n ccountnt uing thm h on likwi.
In n r whr th lctronic filing of ttutor rturn i
incringl th norm, onlin ccounting now m l
lik ig rik n mor lik n i who tim h com
ringing om ignificnt uin nfit long with it.
On prcticl lvl, uing th intrnt to cc n
mintin uin ccounting rcor cn mk tk
uch ookkping, ccount prouction, n proll
minitrtion, much ir for vron involv. Th
onlin pproch cn lo limint mn of th tk
ocit with intlling, upting n mintining
th hrwr n oftwr n to run tritionl
on-premiseapplications(fromback-upstosystem
upgrades),andreducetheneedforin-houseITexpertise.
all of thi cn hv poitiv impct in r uch
tim mngmnt, prouctivit n flxil working
prctic. bcu ccount t cn cc ntim,
nwhr, n uthori iniviul with intrnt
cc n rowr, ccount cn work on
whnvr n whrvr it i mot convnint, uing n
vic with intrnt cc vn our moil phon.
so tho who n to, cn hr informtion quickl n
il, which minimi th n for r-king n th
potntil for input rror n miunrtning.
Th onlin pproch lo h finncil nfit. sving
tim n working mor fficintl cn ovioul v
mon, n ing l to upgr our hrwr whn
itsuitsyou(ratherthanthesoftwaresupplier)canhelp
to minimi our quipmnt cot, ut ou cn lo look
forwr to om hrr finncil nfit. bcu ou r
ffctivl rnting oftwr n t torg, th up-front
cot r lowr, n th ocit monthl/rl cot
r fix n prictl.
2.2 GETTING CLOSER TO CLIENTS
Prpctiv i vrthing, n om of th potntil
nfit of onlin ccounting will rt highr with om
ur thn th o with othr. so ccountnt in prctic,
2.beNeFITs
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3.1 ThE REqUIREmENTS FOR ONLINE ACCESS
If ou n to fl to Ini on uin or n prcl to
Irln o ou purch our own pln or t up our
own intrntionl itriution ntwork? Of cour not.
buing th outright i much too xpniv, o ou tk
mor conomicl pproch n p mll mount
ch tim ou u ithr of thm. Mnwhil, th irlin
n th courir tk cr of vloping n running thrvic, hnling mnpowr, mintnnc, logitic,
curit n o on.
although thi i not prfct nlog, t th implt
lvl th m mol i u to provi onlin cc
to ccounting fciliti n vriou othr oftwr n
tm. Th r long gon whn th onl w
to cquir oftwr w to u it, n th onl w to
cc it w to intll th on-prmi ppliction on
th hr ik of our computr. Now tht th oftwr
prouct mol h n join th softwr
aServicemodel(seeWhatsinaname?onpage9),you
cn p for tm on pr u or ucription i,
n vn tk vntg of fr cc to oftwr ntm.
To xploit thi pproch ou n n Intrnt srvic
Provider(suchasBTorOrange)toactasgateway
betweenyourcomputersystemandtheinternet;you
n tlcom connction to o it ovr, computr to
doitfrom,andaweb-browser(suchasFirefox,Internet
Explorer,orSafari)todoitthrough.(Itisworthnoting,
tht om onlin ccounting rvic r not comptil
withallbrowsers.)
you prol lr u om or ll of th thing
on -to- i. Uing thm to cc n onlin
ccounting tm houl no mor chllnging
thn ning n rciving -mil, urfing th w, or
rching with Googl, long ou hv m th tp
from il-up mom to ron connction or
ict l lin th ftr n mor rlil th
connction, th ttr.
3.2 SOFTWARE AS A SERvICE
SoftwareasaService(SaaS),whichispronouncedsass
(likemass),isamodelfordelivering(ordeploying)
oftwr tht utili ll of th tool, n th intrnt,
to provi cutomr with cc to oftwr. bcu
th oftwr ppliction liv on thir rvr, rvic
provir cn rliv ou of th urn ocit with
-to- mintnnc, tchnicl oprtion, upport,
n th rlntl upgr ccl. bcu our t liv
ontheirservers(notontheharddiskofyourcomputer),
th rvic provir cn lo rliv ou of om of th
urn of uin continuit n itr rcovr
plnning.
3.CONCePTs
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3.3 SAFETy ANd SECURITy CONSIdERATIONS
som th fct tht our t ri with rvic
provir mor of wkn thn trngth, cu
of th control iu it ri n th ft n curit
ilmm it cn potntill crt. ech of ou will hv
toweighuptheprosandconsforyourselfand(if
appropriate)yourclients.Ifyouhaveeverusedafree
-mil tm uch Hotmil or yhoo! thn ou hvlr xprinc th ss pproch, n om of it
vntg n ivntg.
In th c of onlin ccounting tm, our ccounting
t i tor in t on th rvr of th
orgnition tht i proviing our rvic, in th m
w our -mil r tor on Microoft rvr
t rmot t cntr. so th rvic provir tk
rponiilit for th ft n curit of our ccount
t which cn lot l cr thn it m.
Clrl, ou o not wnt to trut jut non to tk
cr of our nitiv privt t, ut goo provir
of onlin ccounting tm will hv th tchnolog
rourc, oprtionl procur n tchnicl xprti
to gur our t much ttr thn ou coul vr hop
to. dt will ncrpt uring trnfr twn our
point of cc n th rvic provir, tor t cur
t cntr, n rgulrl ck up. you cn r mor
out thi, n th n for u ilignc in sction 5:
Rik n Rwr.
WhATS IN A NAmE?
Th informtion tchnolog inutr lik it adsL
n IsdN much th finnc profion lik it
ssaP n sORP, o th worl of onlin ccounting i
not hort of cronm n rvition. Unl ou
r hvil into tchnolog, rmmring wht th
finition tn for cn chllng, n tring to
figur out wht th mn cn m lik n xrci in
mntic.
Th rrch gint Grtnr rk softwr srvic
(SaaS)downintoanumberofdifferenttypes:Business
ProcessOutsourcing(BPO),applicationoutsourcing,
hosting,traditionalSaaS/ASP(ApplicationService
Provider)model,process-basedapplicationsusingSaaS/
BusinessProcessManagementSystems(BPMS)asa
pltform, n bPMs ss-nling pltform. all of
th r fin lightl iffrntl, n th r jut
th tip of th icrg.
bon thi, th it n t com vn mor
complict. How complict, pn on ourprpctiv n how much til ou wnt to go into.
som ss vnglit r vr touch out wht ort
of oftwr ppliction n rvic provir houl
uing thi trm of rfrnc. so provir uch
sg, tht r offring intrnt cc to vrion of
thir tritionl on-prmi ppliction, r omtim
rfrr to offring th m ol oftwr
rvic.
For mn ccountnt thi will irrlvnt th
tchnolog tht unrpin th ss pproch. Mot of
ou will jut wnt to unrtn nough to mk n
inform uin ciion, not uil our own w
rvic or hol long, complict icuion out thiffrnc twn asP, on-mn computing n
th ss livr mol.
Tchnicll, thr r iffrnc twn th thr. but
vn th tchnolog inutr cnnot gr on prcil
wht th trm of rfrnc mn n, for th purpo
of onlin ccounting tm, mot of ou cn gt w
with rgring thm intrchngl.
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Th numr of ookkping n ccounting tm
vill onlin i growing, o ccountnt r not hort of
tm to choo from. Th rng from ic chook
tm, through multi-lgr tm, to full-lown
entrpri Rourc Plnning tm.
som offring r im t mll uin ur with
ic ookkping n n littl or no ookkping
xprinc, whil th mor full ftur tm hv
n ign for multipl ur with finnc xprti,
n m im t orgnition with mor complx
multi-it t-up, o th ignificnc n vililit of
trining n upport will vr. Khflow, for xmpl,
ot tht it ntr-lvl tm h n ign
mll uin ownr, to u mll uin
ownr, n with olutl no trining, whil ur of
th Ntsuit eRP OnWorl r offr rng of trining
cour, uch four- cour for minitrtor.
Onlin offring vr wil in mn othr rpct too.
Mot of th vill tm provi cc to thir
own propritr ccounting oftwr whil om u
th softwr srvic pproch to provi cc to
systemsfromestablishedsupplierssuchasCoda(Coda
2go),Sage(Sage50AccountsProfessionalOnline)and
SAP(BusinessByDesign).Therearesystemsthatprovidea
cashbook(forbusinessusers)andfull-blowndouble-entry
bookkeeping(fortheiraccountants),systemsthatoffer
accountingsoftwareintegratedwithpayroll(thoughmany
donot),andsomeeventargetspecificmarketsegments.
On uprficil lvl, ou cn tll lot out wht ort
of tm ou r ling with from th hom pg of
th wit. Go to Frgntcntrl.com n ou
canseethattheserviceisaimedatfreelancers;goto
Lirtaccount.com n ou cn tht th tm h
beendevelopedforsmallbusinesses;gotothisispearl.
com n ou cn tht Prl i full-ftur eRP with
stronge-commercefacilities;gotoWinWeb.comandyou
cn tht Offic accounting i complt mll uin
infrtructur. but whn ou r chooing n onlin
ccounting tm it will p to look on th oviou.
4.1 CONSIdERING ThE OpTIONS
all of th tm vill r going to hnl ic
ookkping, ut thr i no on iz fit ll olution, n
thr r lot of vrition in trm of vill ftur,
of u, pricing mol, upgr pth, n mor. you
cn mk ourlf prht tiling rquirmnt
uch :
Accountingfornon-profitentities;
Abilitytoimportandexportdatatoandfromother
softwaretoolsandspecialistsystems;
Availabilityofadd-ons;
4.CHOICes
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Chooing th right tm from th vill onlin
offring i multi-fct n potntill complx
ciion mking proc. How wll th tm mt our
n will trmin, to lrg xtnt, how wll
ou n th rvic provir unrtn thm n thi i
prticulrl rlvnt to ccountnt in prctic.
4.3 SUppORTING COLLABORATION
bcu of th clo working rltionhip prctiing
ccountnt hv with thir clint, th n to l
to hr ccounting t, n mn provir of onlin
ccounting tm hv ign offring tht upport
thi collortion. a fr th mchnic r concrn,
ll onlin ccounting tm cn xploit th intrnt to
nl th ccountnt n th clint to hr t, n
work mor clol togthr, ut on thi thr r
mn iffrnc.
Mn onlin ccounting rvic provir offr
prctitionr control pnl which provi n ovrviw
of thir onlin ccounting clint from which th cn
cc thir ccounting t. a ou will in th prouct
rviw ction, th cn provi prctitionr with om
uful minitrtion n rporting fciliti. but not ll
onlin ccounting tm hv n crt qul n,
with t lt on of th offring out thr, ccountnt
cn onl look t thir clint t opning ri of
nw rowr winow.
diffrnt prctitionr will hv vr iffrnt prioriti.
On firm m wnt to fin tm tht coul potntill
u to rvic ll of it clint, whil nothr firm will
opt to rvic clint with rng of onlin ccounting
tm. som firm will comfortl ncourging thir
clint to u tm tht h intgrt proll, whil
firm tht offr clint proll uru rvic m thi
potntil conflict of intrt.
4.4 CONSIdERING COSTS
On of th ig lling point of onlin ccounting
ppliction i tht th llow ou to ffctivl rnt
cc to oftwr n tm, n th vriou pric
n pricing tructur look goo longi th nnul
mintnnc chrg of on-prmi tm. but with
n rntl grmnt, th vil i in th til.
Someservices,suchasWinWeb,arefreetosomeusers;
mot thir chrg on th numr of ur, ut th
w th o thi vri. som chrg on-off f. you
cn ign up to om ucription rvic on monthl
basis(andleaveatanytimewithoutlosingmoney),butou cn lo quot monthl ucription chrg,
n thn k to commit to n nnul contrct.
Mn rvic provir hv prtnr pln for
ookkping n ccounting firm tht wnt to offr
onlin ccounting to clint, n thi i n r whr
xmpl, i ss offring ign for u on th Forc
pltform of slforc.com, ut th ppliction it offr
cn u iniviull, togthr, or to upplmnt n
on-prmi ccounting tm.
Th rltiv trngth n wkn of tlih
rvic provir n nw mrkt ntrnt n
coniring. Whil it woul hort ight to imi
rvic provir impl cu th r nw to th
mrkt, it woul imprunt not to fctor thi into th
ciion-mking proc. It i worth oing om u
ilignc n looking into th ckgroun, ownrhip,
finncil trngth, n longvit of th upplir on our
hortlit. etlih i not utomticll mor tl or
finncill cur, n mor thn nw i utomticll
mor cot-ffctiv or innovtiv.
bfor ou mk choic, it i lo vr importnt to look
t th rvic lvl grmnt on offr, n k th rvic
provir om ifficult qution:
Whatsystemavailabilitydoestheservicelevelagreement
gurnt n wht comfort r th pnlti likl to in th vnt of filur?
Howoftenandhowlongarescheduledmaintenance
winow?
Think crfull out upport:
Istherea24-hourhelplineyoucanphone?
Whatsortofonlinesupportisprovided?
Howissupportresourced?
Wherearetelephonesupport staffphysicallylocated?
Howmanyendusersdoes theserviceproviderneedto
upport?
For mn potntil ur of onlin ccounting tm th
iggt rrir to option i th ft n curit of
t or th prciv lck of it. so thi i n r tht ll
uin houl p prticulr ttntion to. In prticulr
th houl:
Findoutwhattheserviceprovidersback-upprovisions
r. How oftn o ck-up tk plc? Wht ort of
uin continuit pln r in plc?
Checkonthephysicaland logicalsecurityprocedures
t th t cntr, n o not tk rvic provir
urnc on trut.
Getreferencesfromtheserviceproviderandspeakto
xiting ur.
you hv to ur tht ou n our clint r going to
hpp putting uin criticl t n proc in
theirhands(seeSection5:RisksandRewards).
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thr i grt l of vrit. som upplir hv crt
pln tht r multi-tir, proviing th ccountnt with
varyingdegreesofmarketingandsupportbenefits;some
offr inucmnt to ncourg prctitionr to opt for
prticulr rvic provir.
all propctiv ur of onlin ccounting tm houl
look crfull t wht ucription u. som provir
offr rng of fr n pi-for -on n othr
rvic, whilt om offr fr torg pc which cn
put to goo u, if ou cn u it for nthing ou lik, o
chck. Fin out how much th hoting compn inclu
in th pckg n wht ort of itionl chrg ou
cn look forwr to if ou xc thi.
a ou cn from th comprion of sg account
Profionl Onlin, which i provi irctl th
oftwr vlopr sg, n Onlin 50, which i provi
bytheonlineserviceproviderITInsideOut(onpages
24-25),thedifferingapproachestochargesandlicensing
cn crt mjor pric iffrntil, vn whn ou
r compring iffrnt offring of th m oftwr
prouct. so ou rll n to o our um proprl
for ou mk n commitmnt.
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Th potntil nfit of onlin ccounting tm hv
n covr in sction 2, ut it i importnt to conir
om of th potntil n prciv prolm r
too.
5.1 pOTENTIAL CONCERNS
On of th prciv nfit of onlin ccounting tm
i tht ur r not rponil for th intlltion,
upgr n mintnnc of on-prmi oftwr, ut
it i worth rmmring tht thi coul hv owni.
Whn ou r running pckg oftwr on our own
systems,yougettochooseifandwhenyouupgrade;with
SaaSyougenerallyhavenochoice(thoughtheservice
provir IT Ini Out offr n ltrntiv, ou cn
inSection6:ReviewsofOnlineAccountingSystems).Ifa
ss provir mk n upgr tht introuc nw
vrion of th tm which h tthing troul or
chng functionlit in w tht h ngtiv impct
on our uin, ou will n to know wht our option
r.
Th with which uthori popl cn hr t lo
h potntil owni. For vr uin tht provi
thir nk n othr invtor with opn cc to liv
ccounting t, n u it w of improving n
strengtheningtheirrelationship(ormaintainingliquidity),
thr will uin tht i horrifi th poiiliti
tht thi coul crt. a th lctronic filing of ttutor
t com vr mor mntor, om m lo
concrn tht HM Rvnu n Cutom will vntull
wnt to cc uin liv ccounting t irctl.
5.2 pROTECTING yOUR INvESTmENT
Th iu of futur proofing our invtmnt i
ignificnt on. you n to know tht our ccounting
tm cn grow in iz n cpiliti n whn
th uin rquir it, whthr it i n on-prmi or
onlin olution, ut thr r om ignificnt iffrnc
prticulrl for mll uin ur. Th tlih gint
of th tritionl oftwr mrktplc, uch Intuit
n sg, offr rng of prouct with vriou lvl
of functionlit n clilit, n clr upgr pth,
n thi i not th c with mn provir of onlin
ccounting tm which coul crt prolm furthr
own th lin.
Th iu rlting to tlih vru nw ntrnt
r mn, n w lt with om of thm in sction 4:
Choic. etlih i not utomticll mor tl or
finncill cur, n mor thn nw i utomticll
mor cot-ffctiv or innovtiv. but th qution of
how long om of th nwr ntrnt to th mrkt will
roun cnnot ignor, prticulrl in th currnt
conomic climt, whn funing ourc r crc vn
for thriving long-tlih uin.
5.RIsKs aNdReWaRds
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wr tor on our own hr ik on our own prmi
n ck up il uing our own tp riv.
you cn chck tht th rvic provir i uing 128-
bitencryptionandSecureSocketsLayer(SSL)protocols
uring t trnmiion. you cn r it urnc
tht it i toring our t on rvr tm with multi-
tir firwll protction n no xtrnl riv, Usb-port
or printr, which i hou in n nvironmnt whr
mplo hv n crfull crn n phicl
curit i controll iomtric cc tm.
Thn ou cn confirm tht imilr curit lvl cn
foun on th rvic provir ck-up it, n k for
til cription of thir uin continuit n
itr rcovr pln.
but th ottom lin i tht unl ou chck ll of th
logicl n phicl procur ourlf2, ou r going
to hv to trut our rvic provir n if ou cnnot
o thi, thn m onlin ccounting tm r not for
ou.
WhAT ThE USERS SAy
Onlin ccounting i th w forwr, cu it fit
wll with th w mn mll uin oprt,
on ol prctitionr.
W th mrkt in trm of mll, pcilit clint
n lrgr clint, th oprtion irctor with
on ig firm, tht i offring it clint choic twn
thr iffrnt onlin ccounting tm.
accountnt houl look crfull t th pro n con
of ss for th jump in, on ccountnt who
lr h, cu it i not right in vr cnrio for
vr uin.
I hv full cc to m ccounting hitor onlin,
on mll uin womn, n cu m ccountnt
cn lo cc th tm irctl, th whol proc i
trnprnt, n prolm r to ort out.
W u to -mil t to th ccountnt n gt
nominl journl fx ck for u to proc, th
ccount mngr for firm of rchitct. doing our
ccount onlin v tim t oth n n ruc th
n for ppr filing.
I know tht m ccounting t i ck up onto
omon l rvr vr , on uin ur,
ut I onl fl cur if I know tht w hv on our
own ck-up too.
2 Or rely on a report under such a framework as SAS 70 or the
ICAEWs ITF 01/07 guidance in respect of third-party reviews.
Th mrkt for onlin ccounting tm h com
incringl nl popult ovr th pt r,
n conolition m invitl. som mrkt
commnttor hv uggt tht th rcnt glut of nw
ntrnt h n prompt invtor who r kn to
thir uin ought th lik of Googl, Microoft
orElderstreetInvestments(runbytheformerSage
chirmn Michl Jckon, n rumour to hoppingforanonlineaccountingprovider).Soatsomepointinthe
futur thr i going to goo nw for om provir
andtheirusers,andbadnewsforothers;thoughno
mttr which rvic provir ou opt for, ou r tking
chnc, of ort.
Howvr, fr th iggt concrn for mn uin
tht r coniring th potntil of onlin ccounting
oftwr rlt to th unrling livr mol. Million
m prpr to xploit th softwr srvic
pproch whn it mn fr cc to -mil, ocil
networkingsites,andonlinespreadsheets(liketheonein
GoogleDocs),andmyriadtypesofoutsourcingmaybe
th norm for uin of ll hp n iz, ut mnfinnc profionl till onlin ccounting tm
too rik.
5.3 FEAR ANd TRUST
som ccountnt r unrtnl uncomfortl
with th i of vlul n nitiv ccounting t
ing tor on omo l hrwr, ccil onl
ovr th intrnt. Until fw month go, th nking
analogywasapopular(andconvenient)oneforputting
th concrn into contxt. Now, w r incringl
cpticl of urnc tht our mon i f in th nk,
n gurnt tht w cn gt cc to it n tim w
lik. Mn popl wnt to l to , touch n vn
mll it n imilr ntimnt oun whn it com toccounting t.
Rik mnt n mngmnt i complx r, n
mot uin ttmpt to tr to , mur n
prpr for it r oom to filur. If th crit crunch,
trrorit ttck n our incringl unprictl wthr
hv tught u nthing, it i tht th unthinkl cn
hppn, n tht whn it o, mot of u will wofull
unprpr for it. so th rik mnt xrci ou
prform for opting for n onlin ccounting tm
houl, in thor, thorough n xtniv.
In prctic, mot uin impl r not in poition to
nur tht it i n uch thing. evn if ou put normou
mount of tim n ffort into liting ll of th poil
rik, prioriti thm on th i of fctor uch which
r mot likl n which woul mot othrom, n
thn tk tp to prvnt, minimi n mitigt gint
thm, our t will nvr 100% f n cur with
n onlin rvic provir n mor thn it woul if it
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WinW OnlinOffic 56.
ReVIeWs OF
ONLINeaCCOUNTINGPaCKaGes
TARGET mARkET
WinWeb as conceie OnlineOffice as a colete infrastructure for
sall, self-eloe an start-u businesses wit 1-10 eloees.
So as well as an online accounting sste tat can be use b sall
business eole wit or witout te suort of teir booeeer
or accountant it offers access to a growing range of autoate or
on-ean serices, ranging fro e-coerce facilities an a secure
ata store to creit control an social networing for businesses.
COST
Te Stanar Eition of OnlineOffice is free for use b non-
coercial an not-for-rofit organisations, eucational institutions
an stuents; oterwise it costs 119 + vAT, an inclues access
to 24-our online suort. Te pro Eition costs 249 er ear.
Subscritions can be ai ontl or annuall an can be stoe at
an tie. Soe OnlineOffice serices are carge as otional extras.
If accountants in ractice becoe WinWeb artners (fro 100 er
ont) access to te Stanar Eition of OnlineOffice is ten free for
all of te firs clients, wic can reresent significant cost saings.
USERBASE
OnlineOffice is claie to ae aroun 300,000 users worlwie,
an ost of te conerte to OnlineOffice after WinWeb roe
AccountsOffice as a searate rouct. Aroun 120 of te are
WinWeb artners. WinWeb suorts OnlineOffice in six countries
Australia, Canaa, Irelan, te Uk, US an New Zealan, but as
actie users in aroun 55 (ainl Englis seaing countries),
incluing hong kong, Inia, Sout Africa an Singaore.
CONTACT dETAILS
Website: www.winweb.co
Teleone: 0845 299 7777
WinWeb as set u a eo coan for OnlineOffice tat can be
use b anone wo wants to tae a closer loo at te software.
Contact [email protected] for login etails.
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on tuition on how to u th ch flow plnning tool
in Onlin Offic, tim-hr cc to profionl
whocanhelpbusinessestoplantheircashflow,and(in
i wip t t fctoring n invoic icounting
specialists)WinWebwillalsomanagecashflowonbehalf
of uin, liiing with thir upplir n ching
pmnt.
CONCLUSION
OnlinOffic 5 rprnt n mitiou pproch with
normou potntil, n it i wh with o mn goo
ideasthatitisimpossiblenottobeimpressed;butitisnot
without it rwck. somtim l i mor, n whn
mll uin popl viit www.winw.com for th firt
tim th coul o ovrwhlm tht th truggl to
crtch th urfc, lt lon t-up th chook, without
th upport of n ccountnt, ookkpr, or on of
WinW OnlinOffic aitnt.
Thi o not top OnlinOffic 5 from ing grt
tm, prticulrl for ccountnt. It i not vill
whit ll rn, o n-ur th WinW rning
n not th ccounting firm rning. but if prctitionr
wanttouseittoworkwiththeirsmallbusinessclients(or
evenoff-loadsomeofthefirmsownadmin)itcertainly
mrit furthr invtigtion.
OvERvIEW
WinW w vr rl ntrnt to th onlin ccounting
rn whn stfn Topfr trt th uin ck in
1994. In 1999, t th hight of th ot.com oom, h ol
hi othr ntrpri Ncmr, on of th iggt Intrnt
ServiceProvidersinEuropeatthetime(andnowpartof
Tiscali),andin2000hestartedtransformingtheWinWeb
offring into OnlinOffic 5, th on-mn mll uininfrtructur it i to.
Topfr wnt thi infrtructur to provi mll uin
with th infrtructur th n to propr, without
ovrxtning thmlv with fix t, xploiting
th intrnt n th softwr srvic mol to
crt conuit to gt iffrnt popl n orgnition
togthr. so, OnlinOffic 5 cn provi cc to lot
mor thn jut n onlin ccounting tm.
OnlinOffic 5 provi ur with cc to mging
centre(soe-mailsfaxesandtelephonemessagescanall
cc vi ingl point of contct n rng
ofdevices),onlineguidesandvideoseminars,website
uiling n hoting fciliti, n mor. Th 24/7 upport
inclu cc to virtul OnlinOffic aitnt who
cn hlp uin to ruc th min work ocit
with vriou uin proc n prtnr thm with
pcilit uch ookkpr n ccountnt, if
ncr.
Thi nl ur to gt hlp with ch flow plnning,
crit mngmnt, lngug trnltion, quot ourcing
n prcl collction, with mor rvic in th piplin.
Th WinW pproch to ntworking mn tht ur cn
ourc rng of prt-tim rourc vi OnlinOffic5,
vrti thir kill t n rvic to ch othr, n
uil thir own uniqu virtul ntwork to provi prt-
tim cc to rng of kill n rvic.
Th holitic on-top-hop pproch h much to
rcommn it to mll uin, ou cn if ou
conir jut on r: ch flow mngmnt. Th
prht-lik chook cn u to rcor mon
tht com into n go out of th uin, n cu
itisajournaltotheunderlying(tri-ledger)accounting
oftwr, ookkpr n ccountnt cn gt th oul
ntr prpctiv. an on-mn tool for ch flow
plnning intgrt with th ccounting tm, o th
ur cn ntr projct incom n xpn figur, n
th tm will utomticll upt th ctul n
whn ccounting t i pot n th ummr pg
lw how th wort n t-c ch flow cnrio
for th nxt 30 .
Mnging ch flow fficintl, ffctivl n il,
mn mor thn oftwr, o ll of thi i ck up
with rng of rlt rvic. Th inclu on-to-
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accountsIQ
TARGET mARkET
Te online accounting an financial control sste accountsIq as
been esigne wit sall an eiu-size enterrises an teir
accountants in in. It is aailable in tree ersions: booeeerIq
(basic booeeing), controllerIq (wit enance reorting an
asboar) an enterriseIq (controllerIq lus sales an urcase
orer rocessing an stoc control oules). Users can ugrae
sealessl as an wen teir reuireents cange. Te sstes are
being targete riaril at tree areas of te aret: ulti-location
businesses, accountants in ractice an francise oerators.
COST
Users of accountsIq are carge on a er coan / er entit basis
an te rices een on te leel of rouct. Tere is an initial
contract erio of 12 onts. Accountants can coose between tree
ifferent leels: booeeerIq costs fro 20 er ont, controllerIq
costs fro 75 er ont er coan, an enterriseIq costs fro
115 er ont er coan, allowing one, four an four concurrent
users resectiel; so a coan can ae unliite users an is
carge onl on siultaneous access. hourl bac-us an online
el facilities are inclue in te rice. data transfer fro oular
on-reise accounting alications is aailable as a cargeable extra,
as is te consulting, ileentation assistance an on-site training
tat a be reuire for larger ileentations.
USERBASE
Wit users in te Uk, Irelan, te US, Australia, Inia an Euroe,
accountsIq as a ulti-national client base wic is reorte to ae
grown oer 200% in 2008 an tere is an aroxiatel 70%/30%
slit between accountants in ractice an en users.
CONTACTdETAILSWebsite: www.accountsi.co
Teleone: 01892 888425
Accountants in ractice can watc a brief eo of te sste an
wat it can otentiall o for teir fir at www.accountsi.co/
eo, an arrangeents can be ae to iew our ata lie on te
sste.
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clint, long with informtion uch rvic tp,
reportingperiodsforvariousledgers(whichcanbeclosed
offseparately),andwhentheaccountsforeachclientwere
lt moifi. From thi winow it i vr to gt n
ovrviw of ll clint ccount n mov il twn
thm or compr thm, n it i poil to rill own
into liv n hitoricl t t ll lvl.
Thr i lo ulltin or ftur tht ccountnt
cn u to communict with on, mn or ll of thir
accountsIQclients,eitherviae-mailorusingthenotice
boardthatusersofaccountsIQandtheiraccountantscan
u to wp mg with ch othr. Th tm lo
featuresanautomatedtimerecordingsystem(whichfirms
cn opt to witch on onc th hv com fmilir with
accountsIQ)tokeeprecordsofhowmuchtimeisspent
working on th ccount of pcific clint n wht work
i crri out.
CONCLUSION
ThedifferentversionsofaccountsIQprovideapotential
upgr pth for wi-rng of uin tp n
iz, o ccountnt cn il vlop n utin thir
rltionhip with growing clint without th n to
familiarwith(orsupport)multipleaccountingapplications.
AlotofthoughtseemstohavegoneintoaccountsIQ,and
it cn offr prctic rll mrt w of xploiting th
potntil vlu- n rvnu-gnrting nfit
of onlin ccounting. If thi i wht ou r looking for, it
houl finitl on our hortlit.
OvERvIEW
accountsIQistheflagshipproductoftheIrishsoftware
compn Vior, which w tlih in 2004
Ton Connoll, formr prtnr with th top fiv Irih
ccountnc firm Frrll Grnt sprk. Th tm tht
trt Vior h mor thn 100 r xprinc twn
thm in igning n implmnting ccounting,
mngmnt rporting, n eRP tm n it how.
Th tm i mrkt ing n intllignt onlin
ccounting rvic n on invtigtion thi m to
firl ccurt cription on lot of lvl. Th t
ntr crn, for xmpl, look lot lik tho in mn
ccount pckg, ut xiting t i clvrl xploit
to implif n p up th input proc, with tmplt
u to utomt rptitiv tk, n cu th tm
h n optimi to run fficintl vn on 56kp
dial-upconnection(ifneedsmust)verylittledatatravels
up n own th lin n whn it o it i, of cour,
full ncrpt.
accountsIQhasbeendesignedtomeettheneedsof
franchiseoperatorsandaccountancypractices(someof
whicharenotdissimilar)notjustbusinessend-users.So
wll offring highl-cll onlin ccounting
tm with n xtniv ftur t n full multicurrnc
facilitiesatalllevels(includingbasecurrency,customer
currencyandbankcurrency),accountsIQalsooffers
uin n thir ccountnt impriv n xtniv
rporting fciliti.
Financialandstatisticalbusinessdrivers(akaKey
PerformanceIndicators,orKPIs)canbeeasilyselectedand
ipl grphicll from n xcutiv hor, to
rflct th prioriti of uin mngr or mmr of
th prctic. It h full rill own cpiliti, n w-
cc i vill from vrit of vic incluing
th blckbrr plu othr mrt phon n Pronl
digitl aitnt. Ovr 150 tnr rport r lo
uppli: th cn tilor n th on u mot
frquntl cn v, n th cn ll output n
xport in wi rng of formt.
Th potntil for cutomition i xtniv. In ition
to ing m vill whit ll rvic, tht
accountingfirmscanself-badge,accountsIQoffersfirms
th potntil to tilor ftur, t viw, mnu n
seriesofindustrytemplates(withdefaultsettings)that
cn rflct th n of iniviul clint, uch iffrnt
generalledgercodesandchartsofaccounts.accountsIQ
lo provi ccountnt with om grt tool for
mnging n mrkting th rvic th offr to clint
whoarealsousingaccountsIQ.
Firm go into clint ccount vi prctic lr tht
providesatoplevelviewofallofthefirmsaccountsIQ
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Lirt account
TARGET mARkET
Libert Accounts online accounting software for booeeing an
aroll anageent as been esigne to be a brane serice for
accounting firs an booeeers to offer teir sall business clients,
an is also aailable irectl to owner-anage businesses an sole
traers. Te sste is onl arete to organisations in te Unite
kingo.
COST
montl subscritions for irect users of Libert Accounts start fro
29.50. Tis basic carge coers u to fie users, u to fie actie
aroll eloees, an 500 accounting transactions a ont. Extra
carges are leie for aitional users of accounting (2.50 eac) an
aroll (1.00 er eloee).
Libert roies a free co-braning serice to booeeers an
accountant artners, wo can ten offer Libert Accounts to teir
clients. montl carges for artners start fro 15 er clientbusiness, but artners eterine te rice te carge clients as art
of a rofessional serices acage.
Tere is no iniu contract erio, an ontl subscritions can
be stoe at an tie.
USER BASE
Oer te ast fie ears Libert Accounts as built u a user base tat
is riaril coose of artner accountants an booeeers, an
teir clients, an were ossible, te sulier encourages irect client
businesses to use Libert artner accountants.
CONTACT dETAILS
Website: www.libertaccounts.co
Teleone: 0845 230 9803
you can sign u for a one-ont free trial on te Libert Accounts
website. A nuber of ublic courses ae been organise for 2009
an etails are aailable on reuest.
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NIC clifiction, fult VaT rt, n nominl co for
exporttostatutoryaccountspackages).
CONCLUSION
Th tm ppr to clr n logicl, n th
prnttion will fmilir to non who h vr u
mll uin ktop ccounting tm. Th crn
r prtt intuitiv, thr i plnt of contxt-nitiv
hlp, t ntr cn p-up with tch procing,
n Lirt offr goo rporting fciliti for mll
uin ur n prctitionr. It i tri n tt
tm with n tlih ur n it i cll
nough to hnl rng of clint, from frlnc rvic
compni n prtnrhip to not-for-profit ntiti n
uit thrhol iz mnufcturing compni.
It i worth noting tht if ou mov onto Lirt account
from nothr tm, th onl t ou cn ring with
ou i cutomr n upplir til n opning lnc,
n th multicurrnc ftur r limit to invoic
production(thoughthiswillbeenoughformanysmall
businesses).
Lirt account i co-rn prouct n th tm
cn tilor to rflct th firm rning right own
to logo n colour mking it look lik n xtnion
of th firm wit. Whn thi i coupl with ll of th
ov, n th conomicl pricing tructur, th tm
look lik vr ppling propct for mll firm n ol
prctitionr tht wnt to trmlin complinc work n
pn mor tim on vlu- rvic.
OvERvIEW
Lirt account h n vill on th UK mrkt
for th pt fiv r, n w vlop athn
stm. Thi inpnnt tchnolog compn h n
coming up with innovtiv oftwr olution for uin
proc inc 1996. Mmr of th tm hv work
for amricn expr, blck n dckr n ernt n
young, n n involv in offring onlin ccountingolution to ccountnt inc th rlit .
Lirt account w purpo uilt to nl ccountnt
to u th intrnt to work mor clol with thir mll
uin clint, n th ftur t i not unlik tho
ofmanysmallbusinessdesktopsystems;butitdoesnot
mirror th prouct prtion tht i tpicll ocit
with thm. It h got ll of th ookkping function ou
woul xpct from mll uin ccounting tm,
n om ou might not, uch tock control n
intgrt proll.
Th compn w quick to nl Lirt account for th
electronicfilingofyear-endPAYE(itgotHMRCrecognition
forthisforthetaxyearin2004/2005)anditwasthefirst
onlin ccounting tm to offr onlin VaT filing whn
th Govrnmnt Gtw trt ccpting lctronic
umiion in dcmr 2006 n Lirt VaT
cpiliti r comprhniv. It offr mtho for
hnling xotic VaT trnction uch eU cquiition
n th rvr chrg chm, it upport th tnr
n ch ccounting VaT chm, wll flt rt VaT
(whichiscalculatedonatransactionbasis,soitisalways
accurate).
Th ignr hv xploit th informtion tor in
uin ccounting n proll t to hlp firm
n thir clint to compl mor quickl n il with
othr UK tx rgultion too. although th P11d form
i not prouc Lirt, it o offr ccountnt th
fcilit to rcor n rport th P11d t tht i n
to complt th form. a wll offring P11d xpn
ocition with mplo, Lirt offr IR35 incom
n xpn ocition with contrct n mplo
n thr r lot of othr ftur n fciliti ign
to mk lif implr n l tim-conuming for th
ccountnt.
Th tm provi prctitionr with n ccountnt
control r, which giv thm cc to cro-clint
viw n rng of rport, wll highlighting k
tk n vnt t o tht th ccountnt n othr
mmr of th firm cn mng thir work fficintl n
ffctivl. From hr th tm cn tilor to rtrict
themenuoptionsforclients(andthereisarole-based
menusystemunderdevelopment),whiletheaccountant
rtin cc to ll of th ccounting ftur, n glol
accountsettingscanbeenforced(forP11Dclassification,
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option, or log in n work on th clint ook. It i lo
poil to Liqui account in xctl th m w
th clint it, from thi crn, incluing th ltrntiv
trm of rfrnc, to minimi confuion.
Th tm t Liqui account hv tkn th prcution of
forcing tho uing th onlin tm to xrci littl
mor cution thn th might othrwi o whn it com
to curit. Int of login tht i on n -mil
r n pwor, th Liqui login upplmnt thi
with rnoml gnrt compn co n pwor,
plu urnm n pwor for ch iniviul ur
(makingiteasiertolocksomeoneout,ifneedbe).The
tm nmicll gnrt uniqu on-tim URL for
ch ion, n th ccounting n uin t tor
on th Liqui account rvr r hl in n ncrpt
formt ll of which offr high lvl of curit.
CONCLUSION
en-ur cn cc Liqui account vi th rvic
provir wit or th ccountnt wit, o th
onlin ccounting rvic cn look if it ing provi
th firm, n th ucription cn inclu in th
clint f.
bcu Liqui account h th potntil to xpn lik
moulr tm, long with th uin it grow, it i
scalableenough(intermsoffeaturesandconcurrentusers)
for ro rng of uin iz n tp to u, n
chrging for -on kp th pric comptitiv.
all of thi crt plnt of rvnu-gnrting poiiliti
for ccountnt who wnt to work onlin with clint,
without mtring multipl ccounting ppliction, n
if thi i omthing ou r coniring, it woul
mitk not to tk goo look t th Liqui account
tm.
OvERvIEW
Th Liqui account tm h longr hitor thn
mot of th onlin ccounting tm out thr. Th
currnt offring i on pok olution tht w
createdbackin2001bycharteredaccountant(and
financedirector)JonWright,foranationalfranchisorwith
thoun of mplo n offic cro th UK. bcu
Liqui account trt lif n ntrpri tm, itoffr pth of functionlit tht i unuul in onlin
ccounting tm, ut thi i clvrl concl with
vnr of implicit.
It i not unuul for oftwr vlopr to cri it
ccounting tm uing plin englih or ing jrgon-
fr whn in rlit it i nthing ut. Howvr, Liqui
account h ctull rmov from it tm lot of th
tchnicl finnc trminolog tht non-ccountnt fin
o confuing. ag t h com mon to collct,
nk rconcilition h com chck m ttmnt,
n rcipt hv com mon collct. Th lf
xplntor trm of rfrnc cn il turn ck
into ccounting pk, t tm t-up tim, if rquir.
Liqui account lo kp thing impl hving th
tm mirror th pth uin proc uull tk,
whil till rtining th look n fl of grown-up
ccounting tm. Thr r two vrion of th tm
Liqui account n Liqui entrpri, o mll uin
cn trt with th impl ntr-lvl tm, ing on
functionality(andusers)astheygrow.Amongthelarger
ur of Liqui entrpri r coupl of multintionl
tht run currnci n VaT in vrl countri, n hv
vr complx tock control n, o clilit houl not
prolm.
Th ignr hv tkn th implt pproch in othr
r too: rthr thn tri-lgr tm, thr i ingl
unifi t tructur, th crn r vr to nvigt
yourwayaround(thesystemlooksalotmorelikea
desktopapplicationthanabrowserpage),andthesystem
cn cutomi o tht iffrnt ur hv iffrnt
mnu titl pning on thir vriou n. en-ur
lo nfit from onlin cc to lirr of 140 humn
resourcesandemploymentdocuments(providedby
Sentient),coveringhealthandsafety,trainingandrisk
mnt, whilt othr complmntr rourc r
plnn for th futur.
Th Liqui Clint Mngr vrion of th oftwr i m
vill fr to ccountnt, offring ll of th ftur of
Liqui account, n mor, vi mnu tht u tritionl
finncil trm of rfrnc. Thr i ingl ummr
crn, from which prctitionr cn mng multipl
clint compni, viw rl-tim finncil ummr of
n iniviul compn t th touch of utton, cc
rng of ccountnt-pcific function n rporting
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Sage50AccountsProfessionalOnline(from
Sage)andOnline50(fromITInsideOut)
TARGET mARkET
Bot roiers offer Sage 50 as an online accounting sste an
roie booeeers an accountants in ractice wit te toolste nee to use te sste to wor ore closel wit teir clients.
IT Insie Out also aes its Online 50 accounting sste aailable
irectl to sall business users, as well as offering subscribers te
otential to access a selection of oste accounting sstes an
oter Winows-base alications oer te internet.
COST
Sage an IT Insie Out tae ifferent aroaces to te wa te
carge ractitioners an sall business for access to te online
ariant of Sage 50, an bot ricing structures can see a little
oaue.
Sage 50 Accounts professional Online costs fro 75 for a tree
user license fro Sage, an accountants ust coit to a one-
ear contract, after wic te account conerts to a one ont
rolling contract. But Sage 50 Accounts professional Online is
aailable exclusiel to Sage Accountants Club ebers an Sage
Business partners, so tis also as an iact on ow uc it costs
for accountants an teir clients to use te serice.
Wit IT Insie Out, an en-user license to run Sage 50 costs fro
75 a ont. Bureau licenses are aailable for firs of accountants
an booeeers (rices on reuest). Tese licences enable
accountants to access unliite ata sets at no extra carge, but
ata storage carges al.
desite being base on te sae software alication tese are
not lie for lie offerings, an it can be uite ifficult to o a
straigtforwar rice coarison.
USER BASE
Sage oes not isclose etails of sales nubers for iniiual
roucts but sales of Sage 50 Online account for aroxiatel
25% of all sales of Accounts professional troug te coans
Accountants diision.
IT Insie Out clais to ost in excess of 2,600 Sage coan
ata sets for users of Online 50.
CONTACT dETAILS
IT Insie Out:
Website: www.online50.net
Teleone: 020 7537 0101 (switcboar)
0800 195 0835 (sales)
Sage:
Website: www.sage.co.u
Teleone: 0845 111 5555
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CONCLUSION
dpit th mn iffrnc twn IT Ini Out n
sg, th two orgnition hr omthing tht prt
themfrommost(butnotall)oftheotherorganisations
currntl offring onlin ccounting tm trck
rcor. both provi cc to tm tht hv volv
ovr c, n hv n crt xprinc
oftwr vlopr with rltivl p pockt nIT Ini Out h n proviing ccounting n othr
applicationsonlineforsevenyears(longerthanmostother
providersofonlineaccountingsystems).
softwr srvic vnglit tr to iminih w-
vrint of tritionl ccounting oftwr with
phr uch m ol oftwr rvic, ut
mn n-ur till wnt th curit of clrl fin
xit rout n upgr pth. bcu sg n IT Ini
Out oth offr ccounting oftwr tht cn cc
onlin or on-prmi, th cn rgul provi lvl
of futur-proofing n flxiilit tht i rr mong onlin
ccounting tm.
OvERvIEW
sg 50 i th mot populr mll uin ccounting
pckg in th UK n n no introuction. Howvr,
it i ing m vill n onlin ccounting tm
sg itlf n IT Ini Out, n thi cn cu om
confuion, o thi ovrviw im to highlight om of th
min iffrnc twn th pproch tht hv n
tkn th two orgnition.
a ou cn from th cot til on th prcing
pg, th pric tructur n licning rrngmnt
r quit iffrnt, pit th n-ur licn for oth
pproch trting from 75. Thr r othr vrition
too not lt th pproch to iffrnt vrion of sg
50. Not hving to worr out tm upgr cu
ou r lw uing th ltt vrion of th oftwr
i puh plu point mn provir of onlin
ccounting oftwr, ut in th c of sg 50 thi i not
ncril oon.
sg 50 h n roun for long tim o thr r lot
of iffrnt vrion in u, n mn prctitionr hv
numr of uin clint uing rng of iffrnt
vrion of sg 50. IT Ini Out will upport from
version8onwardsofSage50online(andrelieveyouof
th n to mng vrion control n monitor t
compatibility)whilethesoftwaredeveloperSageitself
will not. sg hot sg 50 account 2007 n 2008
on th onlin pltform, n will hortl ing 2009.
accountnt n thir clint hv th choic of whn to
upgr.
brning i lo hnl iffrntl th two
provir. With sg 50 account Profionl Onlin th
prominnt rning i sg, rthr thn tht of th firm.
IT Ini Out upport firm tht wnt to g Onlin
50 thir firm own offring, ntill offring it
whit ll rvic. som firm will wnt to xploit th
trngth of th sg rn n othr will wnt to own
th onlin ccounting rvic n puh thir own firm
rning.
IT Ini Out hot rng of ccounting ppliction. a
wll sg 50 it provi onlin cc to sg Proll,
Sage200andSageCRM,MYOBOnline(Accounting
andAccountingPlus),thefullrangeofprofessional
ccountnc oftwr from Iri, n rng of Microoft
prouctivit ppliction incluing Ms Offic entrpri,
Ms Projct, n mor. all of which coul mk th rvic
provir prticulrl ppling to ccounting firm tht
wnt to minimi th numr of upplir th n to
l with.
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Thr r mn rvic provir n oftwr vlopr offring onlin
ccounting olution n hot vrion of tritionl on-prmi
ppliction. Whilt th following lit i not complt, it o provi th w
r for cro ction of th mn vill.
account nwhr www.ccountnwhr.co.uk
AccountsIQ www.accountsiq.com(ICAEWaccredited)
aplicor www.plicor.com
aqill www.qill.com
Click-on accounting www.click-on-ccounting.com
COda 2go www.co.com/prouct-rvic/lforc
dimnion onlin www.cc-ccount.com
-conomic www.-conomic.co.uk
Fragnt Cntrl www.frgntcntrl.com
Inrx www.mirpollr.co.uk
IRIs exchqur Onlin www.iri.co.uk
KhFlow www.khflow.co.uk
Lirt account www.lirtccount.com
Liqui account www.liquiccount.nt
Mrginz www.mrginz.com
Microoft dnmic www.microoft.com/uk/nmic
(ICAEWaccredited)
Monbu www.monu.co.uk
Ntuit OnWorl www.ntuit.co.uk
Onlin 50 www.onlin50.nt
Prl www.thiiprl.com
sg50 www.g.co.uk/oftwr_n_rvic/prctic/
g50_cc_prof_onlin_2008.px
smTx www.mtx.co.uk
saP buin bdign www.p.com/uk
Twinfil www.twinfil.com/n
WinW Onlin Offic www.winweb.com(ICAEWaccredited)
Xro www.xero.com(ICAEWaccredited)
7.sUPPLIeRdIReCTORy
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Th following link will tk ou to th wit of jut
fw of th ccountnc firm tht r offring onlin
ccounting rvic to clint n propctiv clint:
www.ccountingrviconlin.nt
www.rithmo.co.uk
www.cotrummon.co.uk
www.nkco.co.uk
www.kccounting.co.uk
www.numric.iz
www.rv.co.uk
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Ll Mll i n x-oftwr nginr who h n
journlit for th pt twnt r. sh i frlnc
itor n writr who pcili in uin n
tchnolog.
Ll writ rgulrl for puliction incluing
accountnc, accounting & buin, n stunt
accountnt, n h contriut to puliction rnging
from dirctor to your Nw Hom, wll proucing
promotionl mtril n nnul rport for vriou
orgnition.
abOUT THeaUTHOR
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dcmr 2008
45
IsbN 978-1-84152-632-4
Informtion Tchnolog Fcult
Intitut of Chrtr accountnt in engln n Wl
Chrtr accountnt Hll Moorgt Plc Lonon eC2P 2bJ UK
T +44(0)20 7920 8481
F +44(0)20 7920 8657
e itfc@icw com
SpONSORShIp/AdvERTISING
OppORTUNITIES
If ou woul lik to ftur in futur
gui pl contct Mrc spillmn,
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