Hitchin, United Kingdom (PressExposure) August 01, 2008 -- Earnings Tracker is a straightforward simple-to-use accounting package primarily aimed at UK-based contractors and other very small businesses (with typically less than five employees).
The software is written in PHP and MySQL, and is completely free to use and download. As it is written using open source technologies, it can be easily modified to suit individual needs.
Now at version 4, Earnings Tracker enables invoice amounts, salaries, income tax, employees and employers national insurance contributions, pension contributions and expenses to be recorded on a monthly basis. The software then calculates the amount of VAT and corporation tax owed, and calculates the maximum dividends that can be taken by shareholders. Figures are automatically carried from one year to the next.
The user interface has been designed with simplicity in mind, and is organized to suit the way most UK-based contractors record their company's finances.
Version 4 introduces the ability to generate and maintain dividend tax vouchers, and also enables individual columns (within the main spreadsheet) to be shown or hidden. This allows users to, for example, hide columns that contain data that does not relate to their particular business.
Full details about Earnings Tracker can be obtained from the John Dixon Technology website.