Forum

• # 85649
• Tue 02 Oct 2012 08:19 PM

Please can anyone advise if you are legally able to combine two limited company accounts on one computerised bookkeeping package and just use the department or class code to produce profit and loss reports on the individual companies.

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• # 86460
• Fri 09 Nov 2012 11:28 PM

Hi,

It depends on which package you are using. If you are using sage then phone them and they will be able to tell you. It pretty much depends on the company and if they will charge you for more than one company,

Kind regards

Paula Welsh

Edited at 09 Nov 2012 11:37 PM GMT

• Hello all,
  
  i just noticed we have a forum, just poking around the members area.  My name is Paula welsh and I have been a member since 2005, starting with Associate member and now a full member

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• # 86475
• Sat 10 Nov 2012 01:29 PM

What happens when you send a back up to the accountants, if both clients use different accountants you'll have dated protection issues. It seems you're opening yourself up to problems eg putting and expense to the wrong business. Assuming your clients don't know your intentions, if something does go wrong, they may not be happy with a big bill from the accountants to sort the problem out, and your PI insurers won't be too impressed if your client tried to sue you. It would be even more interesting if HMRC ever did an investigation!!

keep it simple and buy a separate licence!

Joe FCCA 

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