Abacus Accounts SE
By Anthony Prince
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Abacus Accounts SE (Startup Edition) is a simplified version of the original, more comprehensive Abacus Accounts.
It is designed as a basic and straightforward bookkeeping program for the self-employed or even for your personal accounts.
It uses the same double-entry system as the original Abacus Accounts program, but requires no prior knowledge of bookkeeping and, as such, is very easy to use.
However, when your business grows and you require additional functionality (or you become VAT registered) it is easy to move up to the full program.
You can enter as many bank accounts/credit card accounts and income/expense categories as you need. Bank accounts and credit card accounts can be reconciled against statements and regular (monthly) bank payments set up.
Note, however, that VAT, Customer/Supplier, Asset, Equity and Liability accounts are not included in this program. If you require these (or multiple businesses) you will need the more comprehensive version (Abacus Accounts). See website (www.abacusaccounts.net) for more information.
Reports can be printed for any required period. These may be used to produce the end of year accounts.
Technical support is available by email, free of charge.
What's New in Version 3.1
It Does The Job
I use this package for my Sole Trader business. It is more than adequate and does the job well. However, you get what you pay for.
If you are a large business with employees, get the full version as you will be wasting your time with this. If you are getting it for family use, then expect to spend a bit of time getting getting it set up.
It has everything you need for a one person / small business.
It is easy to use
It offers a very slick back up
It is very cheap considring wht it does.
It has lots of features for its price.
It is not intuitive and you will need to have a basic understanding of balance sheets - e.g. if you can balance your cheque book at home, you are fine.
The “Help” feature, whilst adequate is not extensive.
Great App for the price
I use this for balancing my home accounts, and have found it well up to the task. If you’re new to accounting, don’t panic over the double-entry system, this doesn’t mean you have to input everything twice, just once and the app does the rest. Think of it more as a way of budgeting for your expenses, Car, Food, Holidays etc. Reconciling your Bank or Credit Card statements is simple, which is something you don’t always get, even on more expensive apps.
Great value for the price.
Simple to use.
The regular payment feature only has a once monthly option.
- Category: Finance
- Updated: 27 February 2015
- Version: 3.1
- Size: 2.0 MB
- Language: English
- Developer: Anthony Prince
- © TPS
Compatibility: OS X 10.6 or later