ClearBooks
Clear Books is an online accounting software tailored for small businesses, sole traders, and landlords, offering a comprehensive suite of tools to simplify financial management. Designed with user-friendliness in mind, it enables users to handle invoicing, expense tracking, VAT submissions, and financial reporting without requiring extensive accounting knowledge. Key Features and Functionality: - Invoicing and Estimates: Create and customize professional invoices and estimates, send them directly to clients, and set up automated payment reminders to expedite payments. - Expense Tracking: Record and categorize expenses efficiently, ensuring accurate financial records and facilitating tax preparation. - VAT Compliance: For VAT-registered businesses, Clear Books supports Making Tax Digital (MTD) VAT reporting, including flat-rate schemes and VAT Domestic Reverse Charge, ensuring compliance with HMRC requirements. - Bank Feeds: Connect bank accounts to automatically import transactions, reducing manual data entry and improving accuracy. - Multi-Business Management: Manage multiple businesses under a single account, with the ability to switch between companies seamlessly, each with its own customized settings and data. - Financial Reporting: Access a full suite of reports, including balance sheets and income statements, to gain real-time insights into financial performance. - User Permissions: Invite team members or accountants with customizable access levels, ensuring secure collaboration. Primary Value and User Solutions: Clear Books addresses the common challenges faced by small business owners and self-employed individuals by providing an intuitive platform that streamlines accounting tasks. By automating processes such as invoicing, expense tracking, and VAT reporting, it reduces the time and effort required for financial management. The software's compliance with HMRC's Making Tax Digital initiative ensures that users meet regulatory requirements effortlessly. Additionally, features like multi-business management and customizable user permissions cater to the diverse needs of growing businesses, making Clear Books a versatile and valuable tool for efficient and compliant financial management.
Average Rating: 4.8/5.0
Total Reviews: 20
How Do G2 Users Rate ClearBooks?
- Has the product been a good partner in doing business?: 9.4/10 (Category avg: 8.6/10)
- Output Document Generation: 9.0/10 (Category avg: 8.3/10)
- Workflow Capability: 9.0/10 (Category avg: 8.2/10)
- Performance and Reliability: 9.2/10 (Category avg: 8.5/10)
Who Is the Company Behind ClearBooks?
- Seller: Clear Books
- Year Founded: 2008
- HQ Location: West Kensington, London
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Twitter: @ClearBooks
22,952 Twitter followers -
LinkedIn® Page: www.linkedin.com
24 employees on LinkedIn®
Who Uses This Product?
- Company Size: 35% Large, 35% Small
What Do G2 Reviewers Say About ClearBooks?
AI-generated summary from verified user reviews
Pros
- Users laud ClearBooks for its ease of use, facilitating smooth expensing and invoicing processes.
- Users appreciate the user-friendly chart of accounts in ClearBooks, which simplifies expensing and invoicing processes.
- Users find ClearBooks to be easy to use and ideal for small businesses, streamlining their financial management effortlessly.
- Users value the convenience of cloud accessibility in ClearBooks, allowing efficient management of multiple clients effortlessly.
- Users value the simple and efficient invoice management in ClearBooks, enhancing multi-client management and reducing backup concerns.
Cons
- Users express concerns about inadequate reporting, noting the need for improved presentation and tailored features for specific industries.
- Users express concern over the missing features in report presentation, suggesting improvements for better usability and customization.
What Are Recent G2 Reviews of ClearBooks?
Rating: 5.0/5.0 stars
— Shahzaib N.
"Simplifies Accounting with Robust Features"
Rating: 4.5/5.0 stars
— Joseph I.

