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Beanbalance Limited

23 Reviews
Recommended
Member 11+ Years
533810
1st Floor, Highlands House
165 The Broadway
Wimbledon
London
SW19 1NE


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Member since : 23 May 2013
Manually reviewed : 24 May 2013
Last updated : 6 Feb 2023

About Beanbalance Limited


BeanBalance is a cloud based, innovative, easy to use, free online accounting software package for UK based small businesses and contractors. Import bank statements, raise invoices, log expenses and bills, all through our easy to use web interface.

Getting started on BeanBalance is as easy as entering your company number. Or you can incorporate a new company through our incorporation service. Once you're up and running you'll have access to our module based bookkeeping system whereby you only add the modules you need. This approach greatly reduces complexity. We also provide a timeline that will tell you exactly what filing tasks are due for your company, when the tasks are due, and best of all, how to complete the tasks.

Invoicing:
- Upload your company logo and create customised invoices
- Set payment reminders
- Create automatically recurring invoices

Bank Statement Imports:
- Import your bank statements
- Link your bank transactions to invoices, expenses and bills with the click of a button
- Auto-matching

Expense and bills:
- Create recurring expenses/bills
- Accounting taken care of automatically.

23 FreeIndex Reviews - Ranked 1st out of 20 UK Accounting Software Companies

Rating Distribution

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Andy P
Harrow
BeanBalance provide a fantastic alternative to the likes of Xero and others, in a hugely more cost-effective manner. For small businesses, BeanBalance is a no brainer.
Daniel Gill
Wirral
I opened an account, it looked good but I needed something different so I deleted it but they still send me reminder emails 4 years later, apparently they ignore several requests to stop it! Please make it stop or I will.
Response : Hi Daniel, I had a look and I can't find support tickets that you have raised before this month about this, so not sure how you have put through the requests. The good news is that we have now deleted you account, so all should be sorted. Thank you.
Gareth Haines
Sidmouth
I've been using BeanBalance for coming up to one year now and am really impressed with the ease of use for creating invoices, submitting VAT returns and allocating transactions. Have yet to use it for submitting my end of year accounts but like that fact I can ask an accountant for help through the software. On my one occasion that I couldn't work out how to do something within the software and so requested support they were prompt and helpful. Can't fault the software so far and will continue to use.
Richard Thomas
Caerphilly
I can say with confidence that Bean Balance is the best free accounting software I have used, I have used a few over the years and found some of them a bit complicated to navigate but not with Bean Balance the lay out of the software is simple in design, There is support if needed bby experts who are willing to help.
Jim Harrington
Bury St. Edmunds
Beanbalance is relatively easy to use, the screens are easy to read and clear so you do not the problem of lists of small print figures. When you have queries you can drill down to individual entries to identify any of your errors or misunderstandings. It would be useful to have some detailed notes on making entries to help in understanding what BB does automatically e. G. Depreciation and the effect of using an Annual Investment Allowance or writing off a pool of assets on the values to be recorded for the Bal sheet and P&L - cumulative values and the c/f values. Beanbalance is helpful to non accountants or book keepers.
Ms Samuel
London
Beanbalance is one of the most effective, productive tools that I have used in reagards to accounting software. I found it very user friendly, easy to understand and brief explanations provided for every step needed. Just want to say, thank you for keeping this a free, effective tool to use. Its made things very easy for me.
Ryan T
Ashtead
This is really good software that is easy for the small business to use. Brilliant!
Hari Iyer
London
One of the best accounting software that I have used. Easy to use, most functions are automated (e. G. Bank statement import) and the best part is that it is knowledge-based. If a type of transaction is repetitive, Bean Balance remembers where it was posted previously and suggests the corresponding GL account - an excellent time-saver function. I am now recommending Bean Balance to all my contacts.
Kevin Wiegand
Dorking
Very easy to use and gets the job done quickly, with lots of quick and helpful support.
Nicolaas
Wimbledon
I was very pleased with the software and support from the accountants it was fast, effective and very professional. I can highly recommend Beanbalance Limted.
Jaco Bosman
Worcester Park
Use it for my personal monthly accounts and it works perfectly.
Simon Minwalla
Highbury
Fantastic software, thoughtfully built, intuitive and supported by a team of knowledgeable, professional accountants.
Lourens van Wyk
London
Found the product to be the ideal solution for my small business.
K STanford
Coventry
Easy to use and excellent service.
Gerard Sinovich
Wimbledon
Easy and quick to use. Give you accounts summary at the touch of a button. Would recommend it to other users.
Kitty Man
East Ham
Really easy to use with the great support from the Bean Balance team. Helpful and knowledgeable, I always get a quick response to my queries/requests.
Alastair Penny
Bromley
Fantastic - an accounts system I can understand and use! I have been using Beanbalance for six months and it has revolutionised my working practice. It does almost everything for me. I am saving a fortune on bookkeeping and accounting fees. I cannot recommend this more strongly.
Birka Bosman
Worcester Park
I have imported my limited company on the BeanBalance free accounting software a few months ago. This was very quick and easy to do. BeanBalance is very user friendly and it really did not take long to get my head around how the software works. Within minutes all my bank transactions are allocated and I can view my company's profit and loss account and balance sheet. The invoicing function is also great - there are options to send the invoice straight to the customer and also send automated reminder emails for late payments and thank you emails when payments have been received. Customer service is also great, the very few queries I did have, were answered within hours.
Elizabeth Russell-...
Ilford
Easy to use and support has been wonderful so far helping me to sort out all my teething problems in no time at all. Would definately recommend this product.
Peter-John...
Wandsworth
I highly recommend using BeanBalance. I have been contracting in the UK for a number of years and the service I have received from the company and its staff is unparalleled. Having used other accounting software providers / accountants when initially starting out in London, I wholeheartedly confirm that BeanBalance's services are exceptional in every way and they go far and beyond what is expected from an 'accounting provider'. The real value of BeanBalance lies in : 1. Ability to monitor ones cashflow / financial position at all times and 2. The 'can-do' attitude of individuals working at BeanBalance; individual attention and desire to get it right, delivered with care and promptness. I cannot praise the team at BeanBalance enough, worth every penny.

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Ltd Company No: 05716323
Made with love in Bristol, UK