Guest Post from Claire from WhoIsHostingThis.com:
Accountancy packages have long had a reputation for being stuffy, unwieldy and expensive. But cloud accountancy tools help you take control of your finances. Cloud accounting works via your web browser and gives you a familiar online interface for money management. Some packages can even make small business accounting fun. Here are a few of the ones we tried.
FreeAgent
£15-£25 per month ($20 to non-UK users), 30 day free trial
FreeAgent handles all of your billing, invoicing, time tracking and estimates. Their customisable email reminders allow you to chase people up, and you can re-bill expenses to your clients very easily from your expenses records. The Tax Timeline is a great way to avoid any nasty surprises, as it gives you a date and amount due to help you plan for your tax liability.
FreeAgent is offered as part of a package with a Barclays business account, and it’s cheaper than buying it outright. If you’re planning to open a new account with the bank, it may be a good idea to hold off on paying for FreeAgent on its own.
KashFlow
£15.99 per month, 60 day free trial
The interface in KashFlow is more basic than FreeAgent, and almost appears like an online banking statement. The screen is also not as quite so well utilised, with the majority of information filling the entire screen and pastel colours making navigation harder to locate. A sidebar for additional tasks would be more useful than placing all the buttons at the top, and it’s a shame that some data – such as your bank balance – is loaded on its own on a page, without any supporting information around it.
Overall, Kashflow seems to be aimed more at sole traders, and we found the interface to be far less intuitive than some of the more advanced cloud accounting packages. It may suit you if you need something basic to stop your accounts getting out of hand.
Liquid Accounts
£20 per month, 30 day free trial
The interface in Liquid Accounts really lacks refinement: the trial initially loaded as a jumbled mess, with the navigation tabs being rendered in the wrong direction which made the page unusable. The banking page was entirely blank. Little things like a lack of currency symbols (coupled with headings that say lazy things like ‘£000’s) make the presentation seem unpleasant and rushed, and the arrangement of invoices into ‘Top 5’ charts is a truly bizarre choice for a serious accounting package.
Liquid accounts looks like a useful system, but serious attention is needed to the look and feel before we’d even try to load any real data.
Xero
£12-£24 per month, free 180-day trial
Xero is the only package we tried which felt like a contender to FreeAgent. The interface features a selection of dashboard widgets which give a nice, clean overview, and the impressive selection of add-on widgets allow you to seamlessly integrate CRMs, payroll systems and inventory management. For example, you can add a PayPal widget in seconds, or hire a developer to code a bespoke widget especially for your in-house accounting system.
One thing that pushes it ahead is its mobile provision: official Xero apps are available for iPhone, BlackBerry and Android phones. If you’re always out of the office, Xero could be the one for you.
This post is by Claire from WhoIsHostingThis.com, which compares blog hosting providers and publishes user feedback on the top hosts.


