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Liberty Accounts

Why choose Liberty Accounts online accounting solution?

Starting a New Business?
Select from company, partnership, sole trader or a not for profit organisation. Liberty Accounts includes features specific to different business types to make record keeping as simple and easy as possible.
Data Security
Liberty Accounts takes great care to ensure that data is stored in a way that minimises the risk of data loss. Daily backups are kept offsite and we regularly test restoration of the backups.
Multiple User Access
Liberty Accounts is designed to easy manage multi-user access to your accounts providing secure user access, anywhere, anytime for up to 5 users included in the monthly fee.
Easy to Use and Learn
Liberty Accounts has been designed to be easy to use, the online help is fully searchable and there are lots of user guides to get you started.
Security
Your data has never been safer.
Business Home Page
The business home page summarizes the current business position, showing outstanding invoices and bills and the balances on any selected accounts.
Business Stationery
Have your logo appear on important documents such as invoices, credit notes, statements and payslips. This saves the costs and inconvenience of arranging for pre-printed stationery.

VAT compliance
All VAT schemes are supported; standard, cash and flat rate. Non-standard VAT processes such as reverse charge and EU acquisition are simplified using Liberty Accounts as is online filing to HMRC.
Fixed Asset Ledger
A full fixed asset ledger is integrated into the accounting system. The asset ledger features automatic depreciation calculation and recording. On disposal any profit or loss is posted directly to the correct account.
Company Vehicles and Mileage
If the business has company vehicles the allocation of those vehicles to employees can be recorded. The system will provide reports to facilitate the calculation of tax liabilities for P11D return purposes.
Bank Reconciliation
Bank reconciliation is quick and accurate.
Integrated Payroll
Run your payroll efficiently using Liberty Accounts' fully featured integrated payroll that has been designed to be quick, easy and intuitive to run.
Stock Management
Supports Standard Cost/FIFO/Weighted Average Stock valuation methods, set Units of Measure, handle multiple stock types, raw materials/WIP/Finished Goods both manufactured and bought-in, purchase orders and receipts with relevant accounting and much more.

Getting started with Liberty Accounts couldn't be easier. Simply click here…

07 Jan 2023

The Treasury has announced that Making Tax Digital for income tax self assessment (MTD for ITSA) will be delayed for two more years until April 2026.

07 Jan 2023

Tax non-compliance during the pandemic cost the UK government £9 billion, according to a report from the National Audit Office (NAO).