Name: GoSimple Software
Author: GoSimple Software

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GoSimple Software is a cloud bookkeeping software designed for small businesses and self-employed individuals. According to the vendor, it offers a solution for managing finances, including income, outgoings, cash flow, and VAT. The software updates accounts in real-time and provides secure remote data storage.

## Key Features

**Cloud Bookkeeping Software**: According to the vendor, this software is designed for small businesses and self-employed individuals to track income, outgoings, cash flow, VAT, and more. It offers real-time updates and secure remote data storage.

**All-in-One Financial Management**: The vendor claims that this feature is suitable for sole traders, contractors, limited company directors, and partners. It absorbs reports and reconciled bank statements into the platform, providing a comprehensive overview of finances and business performance.

**Time-saving Invoicing and Quoting**: The vendor states that users can generate and send invoice templates effortlessly. The software also sends reminders for overdue payments and offers an easy-to-use quoting system for bidding on new clients.

**Expert Support**: According to the vendor, GoSimple Software provides a dedicated support team that is readily available for assistance. The helpdesk does not require a login, and the software is regularly updated to ensure users have the latest version.

**Secure Data Storage**: The vendor claims that the software is protected by 128-bit secure connections and systems. They state that it uses the same standards as online banking, ensuring the transmission and storage of information is secure.

Easy to Use: Several users have found the GoSimple Software to be user-friendly, requiring no previous training or installation. This has allowed them to quickly and efficiently complete their tasks without any hassle.

Automated VAT Calculation: Many reviewers have praised the software's automated VAT calculation feature, as it has greatly simplified their billing process. They appreciate how convenient and efficient it is, saving them time and effort.

Good Value for Price: Numerous customers have highlighted the economic value of GoSimple Software, stating that it offers a reasonably comprehensive package at an affordable price point. They feel that they are getting a good return on investment with this software.

Glitches and Slow Performance: Some users have experienced frequent glitches and found the software to be slow, negatively impacting their user experience.

Unintuitive User Interface: The user interface has been described as unintuitive and difficult to navigate by multiple reviewers, leading to frustration and decreased efficiency.

Lack of Customer Support: Customers have criticized the customer service for being unhelpful and unsupportive, which has left them feeling unsupported when encountering issues with the software.

Users of GoSimple Software have found great success in consolidating the VAT of all their invoices, making it a salvation for their businesses. This feature has proven to be invaluable for small businesses and sole traders, as it is easy to use, fast, and secure. Customers have been using Arithmo for several years without encountering any problems, which speaks to its reliability as an excellent tool for small businesses. The software is also well-suited for managing driving instruction businesses, offering a range of useful features and ease of use. Even users in their early seventies have found Arithmo indispensable, although some initial assistance may be required to become accustomed to the system. 

While Arithmo is generally regarded as a fairly good bookkeeping system, some users have expressed that certain functions are not clearly explained and lack intuitiveness. However, these concerns are outweighed by the software's user-friendly nature and its ability to help small businesses keep track of their finances as part of their everyday routine. The pleasant layout and intuitive design of Arithmo are highly praised by users, along with its capability to produce comprehensive reports such as profit and loss statements and balance sheets. It is valued for its simplicity, accessibility from any web browser, and cost-effectiveness, which makes it suitable for both sole traders and VAT registered limited companies. Furthermore, the convenience of not having to download, install, configure, or support any software on their desktop has been appreciated by users, as everything is managed centrally. In terms of performance, the software fulfills all current accounting needs without presenting any problems for users. Overall, GoSimple Software proves to be a reliable and efficient accounting bookkeeping solution for smaller businesses, allowing them to keep their business books online from anywhere.

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GoSimple Software

1 in 3 accounting software users find it difficult to choose the right tool. Find the best solution for you.

The Buyer’s Guide to Accounting Software

Software for tracking revenues and expenses and forecasting future revenue.

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

Accounts payable

This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

Accounts receivable

This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.

Cash management

The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.

Bank reconciliation

The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.

Expense management

The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.

Time tracking

The software can track billable and non-billable employee time by project.

Fixed asset management

This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.

Multi-currency support

The software supports transactions across multiple currencies.

Multi-division support

The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.

Regulations compliance

The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.

Electronic tax filing

The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.

Self-service portal

The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.

Global Financial Support

Account using multiple ledgers, multiple currencies, and multiple entities

Primary and Secondary Ledgers

Record and report across multiple currencies and accounting standards with primary and secondary ledgers

Intercompany Accounting

Automatically balance and reconcile GL for intercompany transactions

Localizations

Meet reporting requirements with country-specific localizations

Journals and Reconciliations

Automate and synchronize ledgers and processes

Enterprise Accounting

Create accounting for disconnected ERP and non-accounting source systems

Configurable Accounting

Configure accounting rules and segments for each chart of accounts

Centralized Rules Framework

Integrate disparate ERP and transactional systems into single ERP instance

Standardized Processes

Centralize financial management to facilitate standardized financial processes

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Manufacturing module

The software helps track and manage raw materials, work-in-progress items, and finished goods.

Order Management

The ability to process orders, and track them from quote to cash.

Pricing

Users can set up complex and unique pricing requirements.

Order entry

Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

Credit card processing

The software facilitates credit card processing.

Cost of goods sold

The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.

Order Orchestration

Define and execute order fulfillment processes for products as well as services on the same order.

End-to-end order visibility

Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics

Order exception Resolution

Monitor fulfillment tasks and resolve issues, view and evaluate varios options via what-if analysis and define and enforce change order rules

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Salary revision and increment management

Salary revision is the ability to modify individual employee pay.

GoSimple Software

Overview

What is GoSimple Software?