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A business current account that does your accounting

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    #11
    There’s a website and an app already available. http s:/ /countingup.com
    Seems an odd omission from the original post.
    See You Next Tuesday

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      #12
      A business current account that does your accounting

      Originally posted by Lance View Post
      You’ve described FreeAgent with any of the banks it takes a feed from. The OP seems to want to setup both bank and accountancy rather than create an integration product.
      Looking at the website and reading in between the lines, I suspect we’re looking at a front-end thing that looks like one service but is in fact an integration of a current account (like Tide or Cashplus) and a FreeAgent type accounting app.

      Otherwise there’s a lot of wheel reinventing going on.

      Edit: likely to be Clearbooks given who the op is.

      Comment


        #13
        Originally posted by Alan @ BroomeAffinity View Post
        Looking at the website and reading in between the lines, I suspect we’re looking at a front-end thing that looks like one service but is in fact an integration of a current account (like Tide or Cashplus) and a FreeAgent type accounting app.

        Otherwise there’s a lot of wheel reinventing going on.

        Edit: likely to be Clearbooks given who the op is.
        No FCA regulation yet. And the privacy policy wants you to agree to data stored outside the EEA. So I stopped looking any further.

        Both those will need sorting before any business happens,

        I reckon you’re right Alan. This will be an integration as they look a long way from being an actual bank.
        See You Next Tuesday

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          #14
          Reading further it may be some value to self-employed. Not for me as a LTD as I can’t see why I’d pay £20/month for something I already have with FreeAgent and CaterAllen.
          See You Next Tuesday

          Comment


            #15
            Originally posted by Lance View Post
            Reading further it may be some value to self-employed. Not for me as a LTD as I can’t see why I’d pay £20/month for something I already have with FreeAgent and CaterAllen.
            I guess the idea is to replace both, and also your accountant.

            Comment


              #16
              Originally posted by Alan @ BroomeAffinity View Post
              I guess the idea is to replace both, and also your accountant.
              For £20 a month? The website doesn’t seem to suggest replacing your accountant.
              I’d be interested if it did, but is it possible to provide year end, basic advice, SA for one director etc. for that price?
              And if you can why aren’t you Alan??????
              See You Next Tuesday

              Comment


                #17
                Originally posted by Lance View Post
                For £20 a month? The website doesn’t seem to suggest replacing your accountant.
                I’d be interested if it did, but is it possible to provide year end, basic advice, SA for one director etc. for that price?
                And if you can why aren’t you Alan??????
                The suggestion is the filing (by which I take to mean VAT, RTI and CT) is taken care of, so some might think they can diy it. Like they do with FA / hmrc tools just now. No advice or sanity check though - which is where the value is.

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                  #18
                  Originally posted by Lance View Post
                  There’s a website and an app already available. h ttps:// countingup.com
                  Seems an odd omission from the original post.
                  No, sounds more like a deliberate omission, with someone trying to advertise his business hoping people will talk about it, then search and find it.
                  …Maybe we ain’t that young anymore

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                    #19
                    Originally posted by WTFH View Post
                    No, sounds more like a deliberate omission, with someone trying to advertise his business hoping people will talk about it, then search and find it.
                    And I thought I was a cynic.

                    *doffs cap*
                    See You Next Tuesday

                    Comment


                      #20
                      Originally posted by Lance View Post
                      There’s a website and an app already available. https :/ /countingup.com
                      Seems an odd omission from the original post.
                      Not an odd omission at all.

                      I probably wouldn't have let him through had he posted it.
                      "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
                      - Voltaire/Benjamin Franklin/Anne Frank...

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