If you are in Australia and doing business, you will need a book keeper or an accountant to keep things tidy and in order. It doesn’t matter if your a sole trader , running a partnership or a company you will need a accountant or a Online accouting software.
Online or cloud accounting has come a long way and now there are so many more options to do your accounting easily and on the go via your smartphone/tablet or computer at home.
As the end of the financial year arrives, many will be searching to sort out and finalise their accounts and books for the previous year or then just for the recent quarter if you do activity statements regularly.
Sole traders and small businesses will be looking for accountants or then trying to sort out their books by themselves. Luckily there are much more options for the small business and sole trader via clever software that makes the book keeping job easy.
These options include clever online cloud software that is easy to use and you can give your accountant access to it for more complex jobs.It could reduce visits to your accountant whihc could normally cost you an arm and a leg.
Some of these “smart accounting software” can also be used by giving your accountant access to supervise it , while you do all the easy work of inputting the data or numbers. These software make it much easier than before for you to do the job yourself as well.
B-free Accounting software free for small business
Luckily for many of you who are looking for some free Australian Accounting software for your sole trader or small business B-free has come to the rescue with some free software to take care of this. Save yourself a lot of paperwork and simplify things
B-free intuitively reads transaction information from bank statements and automatically files this information into categories, calculates GST, prepares accounts, BAS returns, budgets, invoices and produces reports.
Normally this software retails for $299 ,But you can grab it here for free this month ( with a full annual license).
The login form will give you the license Key but you will need to get the APC Magazine ( Australian Personal Computer ) $9.95 July edition to get the free software disc
Free accounting software for Australian Sole traders and small business
Software Benefits:
• Reduce BAS preparation time from days to minutes
• Significantly reduce errors in reporting
• Eliminates data entry each month by up to 2 days per month, through automating classification of income and expenses
• Provide reports in real time such as Profit & Loss, Balance Sheet and Debtors Listing
• Reduce book keeping costs
• Reduce costs of compliance to government legislation
For an online tutorial which contains further information about the software, including software installation and registration, see here.
Installation, Activation and Registration
Firstly, visit this link or this link and complete the form there. Be sure to complete all the fields. When you do, you will be emailed your serial number, which will be activated within 24 hours.
Once you’ve received your serial number by email, click on the install button (see below). You will need to be connected to the internet to download additional components.
Note: Internet Explorer needs to be set as your default browser in order to complete this. Follow the prompts as necessary to install the software.
You will need to register with your serial number before you can log in. Hit the Register Here button and paste in your serial number, then enter your Account Details.
Follow the prompts and instructions as they are given. Finally, log in to start the program.
For further information, see here for the Installation and Registration Guide, and here for the Quick Start Guide.
Finally, you can take advantage of B-free’s support line by calling 1300 783 873 (Monday to Friday, 9am to 5pm).
Works on computers with : O/S: Windows 98 / 2000 / Me / Windows NT 4 (SP6) / XP / Vista
*Post has now been updated below to include Paid software options as below, due to the free software being available only with the magazine bundled option. Please refer Free trial and discount offersbelow.
Discounted Australian Small Business Software
QuickBooks Organizes your Files and Makes Tax Time Easy – Save up to 20% Now + Free Shipping
This offer is brought to you courtesy APC magazine and B-Free software
More Australian Accounting/Book keeping software compatible with mobile/smart phones
- 600000 Customers
- 6000 Used by Accountants
- No Lock In Contracts
XERO Accounting – https://www.xero.com
- Monthly Financial Statements And Management Reports
- Business Activity Statements
- Payroll And Superannuation
- Accounts Payable And Paperless Payables
- Accounts Receivable And Debt Collection
- Xero Bookkeeping
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Great. I read your blog thanks for sharing your useful information. We have also provided the same services regarding sole trader.
What people don’t realise is the you normally do get what you pay for. Nothing is really ‘free’. If you are a new business, talk to your Accountant or Bookkeeper about getting the Cashbook of Ledger versions of Xero. These are only $5 and $10 per month respectively. These are not available to the general public. Worth asking about. 🙂