I was recommended to give to Quickfile a go before but as my accounts were fairly simple being self employed I had carried on using my old software.
Now I would like to have something that offers a little more and I think Quickfile could be ideal for my situation.
One of my queries is that some of my transactions were paid for using my personal account and some from my business account. It never mattered before as I was just mainly recording ins and outs with receipts/invoices to prove it but as Quickfile is a little more complicated is there a drawings account I can record these purchases? In the past I haven’t always paid the amounts back to myself depending on the financial situation so I want to make sure that there is an option to record this?
In general the best way to deal with personal transactions on your business account is just to tag them from the bank as a transfer to the Proprietor Drawings account.
I’m a trained bookkeeper but as Quickfile is so different from the likes of Freeagent and Sage it takes some getting used to.
I notice that Quickfile states you have to start from the beginning of a month and then import trial balances. Is there a way being self employed you can start on any other date?
That’s fine, any queries give me a shout, there are also several thousand posts on this forum if you get stuck with anything.
Regarding the TB import, you can manually create them as a journal (easier if you only have a few lines) or import from a CSV file. With the latter it will ask you to supply a month end date, but you can move the date afterwards. The opening balances just get treated as a type of journal so you can edit anything later, just go into the reports menu, followed by journals.
In account settings you’ll see the above two options. Top one is manual entry the other is for importing from a CSV.
Yes I think reading through the posts on the forum and support sections it would be better to enter manual opening balances rather than importing a whole years worth of data.Fortunately not being a limited company I can do this and just keep my accounts from year 1 separate.
