Accounting software - any farming ones recommended?

Hi all

I have a small farm business and have to ‘go digital’ this year for VAT returns etc.

Non-farming friends have recommended Xero. Apparently it might have an agricultural package you can add on?

Does anyone have any experience of this or is there a good one that most farmers use?

I only need something simple to issue invoices and keep track of expense invoices, then submit to tax man. Ideally i’d like to record time sheets too though, and record mileage.

All thoughts appreciated.

Cheers
My accountants recommended zero
we use it they set it up with our data from sage
now have everything on zero once entered can look up every thing without opening a file
 

Steevo

Member
Location
Gloucestershire
All : Very belatedly i just wanted to thank everyone for the replies on this.

I went with Xero in the end, and so far (fingers crossed) I’m glad I did. Very helpful that you all suggested that.

Early days but it does seem quite intuitive.

Cheers all

Well done.

You’ll be finding this thread handy then…

 

Clive

Staff Member
Arable Farmer
Location
Lichfield
Those using xero, does it take loads of time out of the job? Mother uses a new version of key prime and it seems to be pretty time consuming. i wondered if we got XERO i could do it all with it just being checked once a week? Been told a child could use it!

a child could use it - very user friendly
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
accounts are accounts - this bizarre idea that agricultural needs farming specific accounts software has always confused me !

Xero, Quickbooks or Sage are the standard here - xero is my preference as its just so user friendly
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
All - this is great, i really appreciate it.

looks like Xero it is then!

Does anyone know if it has the option to track milage? Similarly record time (e.g. record hours i’m spending on different enterprises)? Both would be handy.

Thanks for your help all.

yes - there is a expenses addon that does this.
 

farmerdan7618

Member
Livestock Farmer
Location
Somerset
accounts are accounts - this bizarre idea that agricultural needs farming specific accounts software has always confused me !

Xero, Quickbooks or Sage are the standard here - xero is my preference as its just so user friendly
Very true for the back end software, the farming specific packages don't really do bookkeeping or farm management very well.

Sage is very accountant friendly, but takes a bit of learning to use, QuickBooks the other end of the spectrum, easy to use, but terrible reporting for accountants.

Xero is a really good balance between the two, and is my go to software (use it for the farm and dairy business too)

The farming specific accountant part is much more about advice, both business and tax. If I took my colleagues that deal with construction, they wouldn't know much about farmers averaging, deemed stock values or Agricultural Property Relief. But equally, I go to them if something on CIS or Options to tax come up.
 

RFR

Member
Looking at Xero, those that have it which did you chose? starter pack is £14 a month, standard is £28. Is the starter sufficient for a 600ac arable farm?
 

Boysground

Member
Mixed Farmer
Location
Wiltshire
Just had a look and it says 5 bills and 20 invoices on starter, I guess this is monthly. Doesn’t seem enough for a decent sized arable farm. I’m on standard and very happy with it.
In Xero talk a bill is something you pay, an invoice is something you receive.


There is a big Xero thread on here, always worth a look or ask a question

Bg
 

Steevo

Member
Location
Gloucestershire
Looking at Xero, those that have it which did you chose? starter pack is £14 a month, standard is £28. Is the starter sufficient for a 600ac arable farm?

Do you need invoicing?

If not, and just reconciliation and VAT returns, speak to your accountant. I have a Xero VAT Cashbook which is £9.50 a month invoiced through my accountant on an annual basis. It's not available direct.

I'm pretty sure they get commission from it or similar. https://www.xero.com/uk/campaign/partner/xero-ledger-and-cashbook/
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 103 40.6%
  • Up to 25%

    Votes: 93 36.6%
  • 25-50%

    Votes: 39 15.4%
  • 50-75%

    Votes: 5 2.0%
  • 75-100%

    Votes: 3 1.2%
  • 100% I’ve had enough of farming!

    Votes: 11 4.3%

May Event: The most profitable farm diversification strategy 2024 - Mobile Data Centres

  • 1,313
  • 23
With just a internet connection and a plug socket you too can join over 70 farms currently earning up to £1.27 ppkw ~ 201% ROI

Register Here: https://www.eventbrite.com/e/the-mo...2024-mobile-data-centres-tickets-871045770347

Tuesday, May 21 · 10am - 2pm GMT+1

Location: Village Hotel Bury, Rochdale Road, Bury, BL9 7BQ

The Farming Forum has teamed up with the award winning hardware manufacturer Easy Compute to bring you an educational talk about how AI and blockchain technology is helping farmers to diversify their land.

Over the past 7 years, Easy Compute have been working with farmers, agricultural businesses, and renewable energy farms all across the UK to help turn leftover space into mini data centres. With...
Top