Easy Books: Bookkeeping on your iPhone

The Easy Books app is a fully-functional double-entry accounting application for the iPhone and iPod Touch. The app is ideally suited to small businesses and 'one man bands'. It keeps track of all your accounts, statements, invoices and VAT. The app can produce a full VAT return, profit and loss and balance sheet for your accountant. All of these can be emailed from the phone in HTML format and can easily be imported into a spreadsheet.

Once the app has performed an end of year profit and loss report, it's easy to consolidate it ready for the next financial year. Consolidating the profit and loss posts adjustment lines to each income and expense account.

For VAT returns, the app keeps track of purchase VAT and sales VAT and even adjusts the VAT owed when your business runs the Cash Accounting VAT Scheme.

Features

• Standard double-entry book-keeping
• Handles multiple businesses
• Account Types
• Bank accounts, credit cards, and cash
• Assets and Liabilities
• Income and Expenses (incl. depreciation)
• Customer and Supplier
• Sales and Purchase VAT
• Choose between Sales + Purchase ledgers or simple cash accounting
• Easy bank statement reconciliation ensures accurate banking records
• VAT Schemes
• Standard (VAT due on invoice date)
• Cash (VAT due on receipt of payment)
• Performs End of Year consolidation
• Reports exportable by email
• Trial Balance
• Balance Sheet
• Profit and Loss
• VAT Return
• Handles recurring transactions (such as standing orders)
• Duplicate an existing transaction for fast entry of similar items
• Hide old inactive accounts
• Full Backup and Restore
• Passcode lock