The Best Accounting Systems for Sports Venues

20 April 2018 openplay Leave a comment Booking System

Whether you’re a small local club or a large multi-game sports hub, you will need someone or something to do your books. These accounting software services cater to any type of business, and promise to be accessible to both financial experts and novices. Reduce your paperwork with mobile accounts and automatic invoice chasing. Xero, Sage, and QuickBooks offer very similar services, so it is neck on neck as to who comes out on top.

Xero

Xero is ideal for Mac users as it is a cloud-based software, meaning it will work on any computer without compromising features. You can access a real time view of you cashflow and experience faster online invoicing. The software integrates with more than 600 apps including (drumroll please)… OpenPlay Pocket App. 24 hour email and phone support are available at no extra cost.

Options: You can choose from three plans: Starter, Standard and Premium. The starter option includes all features, but is restricted to five invoices, five bills, and 20 transaction reconciliations per month. Prices begin at £10/mo. The Standard plan allows unlimited invoices, with a multi-currency option available at Premium level. These higher packages start at £22-£27.50/mo.
Winning features: Simple navigation, powerful features.

Sage

Sage promises to eliminate payslips, and can offer weekly, fortnightly, or monthly payment options. It integrates well with Microsoft Office 365, can connect with your bank account, and easily transfer to HMRC. For businesses with less than 25 employees, Sage’s ‘Cloud Accounting’ option is reasonably priced at just £3 per month. However, as well as catering to more staff, ’50cloud’ has some bonus features. These include advanced data importing from Excel and advanced payment schemes such as childcare vouchers.

Options: Cloud Accounting (1-25 employees), starting at £3/mo, or 50cloud Accounts (50-99 employees), with prices from £23/mo.
Winning features: Easy to use, scope for organising your accounts.

Quickbooks

Quickbooks is ideal for small businesses (including freelancers) and VAT registered companies. Manage your bills, payments, payroll, multi-currency transactions, and CIS deductions from the app or your desktop. The software integrates with your bank to automatically import and sort transactions. A great feature is the ability to take photos of receipts and store them within your Quickbooks account. It also creates at-a-glance reports that make it clear where your business stands financially. You can purchase a number of third-party apps to extend QuickBook’s service- although support for Stripe and PayPal are already built in.

Options: Choose between the Essentials plan: £7.50- £15/mo (after six months); and the Plus plan: £15-£25/mo (after six months).
Winning features: Attractive layout, automatic configuration.

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