A free online accounting and e-commerce system is available for UK companies from today on http://www.20four7.com. An increasing number of business people trust free web-based email systems and enjoy the advantages. 20four7 now offers a new business service based on the same idea. For the first time ever small and medium sized enterprises (SMEs) in the UK have access to a free alternative to their paper or spreadsheet based accounting. This new highly sophisticated yet easy to use system contains a complete accounting system, online shop and address book. The accounting system is very easy to use and features all necessary functions including nominal ledgers, cash flow, invoicing, VAT reports, balance sheet, profit and loss accounts, supplier and customer management, bank reconciliation, and much more.

The online shop, which is easily customised, includes a product management tool, secure collection and storage of credit card and customer details, purchase history, support of different currencies, selection of shipment options for products, as well as other differentiators such as colour and size. All data is constantly backed up and always secured by strong encryption and password protected log in. The system is fully database driven and interlinked so that customer data from the online shop is instantly available in the address book and all transactions are automatically booked in the accounting system. The 20four7 service requires registration and is completely free of charge. To register please visit http://www.20four7.com

Thursday July 08, 2004