User:Antonycc/DIY Accounting

DIY Accounting is a line of business accounting software developed and marketed by DIY Accounting Limited.

History
DIY Accounting was developed by accountant, Terry Cartwright in Newcastle upon Tyne. The product was a retail version of his own spreadsheets used for bookkeeping work.

Initial Release
DIY Accounting Software is a small business accounting software, tax accounting for self employed and company accounts tax return plus payroll software

The accounting software, consisting of accounting spreadsheets for sole trader basic accounts, self employed and company accounting provide templates to record financial transactions in simple lists for sales, purchases and cash and bank accounts. Suitable for both PC and MAC users, the bookkeeping is automated to produce monthly profit statement, final year end accounts also using the tax accounting software to generate the self employed tax return and in the company accounts the corporation tax calculation and CT600 corporation tax return. Effectively automating the work an accountant might do, all at competitive prices.

In addition to the sole trader accounts a specialist taxi driver accounts package is available for taxis, private hire, black cab and mini cab drivers calculating tax allowances and generating the short self employed tax return.

The payroll software is written on excel spreadsheets providing a record of employee details, calculating the income tax and national insurance contributions. Payslips produced plus automatically completes the HMRC PAYE tax forms to save employers time.

General features and use
Small businesses use QuickBooks for most financially-related business processes, from entering sales receipts, tracking expenses, preparing and sending invoices, sales tax tracking and payment, preparation of basic financial statements and reports, purchase order processing, and inventory management. The program does not include MICR line printing, but does include check printing and options for employee payroll and time tracking. For most tasks, QuickBooks doesn't require users to understand standard accounting procedures, including double-entry bookkeeping. Most transactions are recorded using on-line screens that closely resemble paper based forms such as invoices or checks.