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Computerized Accounting Software

Computerized Accounting Software. ENTR 203. The Benefits . On-screen input and invoice printout Automatic updating of customers accounts in the sales ledger Recording of suppliers invoices Automatic update of suppliers information in the purchasers ledger Recording of bank receipts.

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Computerized Accounting Software

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  1. Computerized Accounting Software ENTR 203

  2. The Benefits • On-screen input and invoice printout • Automatic updating of customers accounts in the sales ledger • Recording of suppliers invoices • Automatic update of suppliers information in the purchasers ledger • Recording of bank receipts

  3. More Benefits • Make payments • Automatic update of general ledger • Integration of database and accounting program • Automatic calculation of payroll and associated entries

  4. Instant Reports • Aged debtors’ summary • Trial balance, profit and loss account and balance sheet • Sales analysis • Budget analysis and variance analysis including ratios • Payroll analysis • Cash flow analysis

  5. Advantages • Input transaction once • Fully integrated • Speed • Fast automatic document production • Accuracy – less errors • Up-to-date information at hand

  6. Advantages • Management reports at hand and easily created • Legibility • Improve company efficiency • Cost savings • Reduce stress • Easily convert to multiple currencies

  7. Types of accounting packages • Small business payroll and accounting • Full service business management • SaaS web-based packages • Free programs

  8. Small Business Accounting • Quickbooks

  9. Small Business Accounting • Sage Simple Accounting

  10. Small Business Accounting • Peachtree Accounting

  11. Small Business Accounting • Cougar Mountain Software • MYOB Accounting

  12. Business Management Software • Everest's Business Management Software • NetSuite

  13. Web-Hosting Software • Quickbooks • Peachtree • Clarity Accounting • Less Accounting • NetBooks • NetSuite

  14. Free Accounting • Quickbooks

  15. Understand your needs • Needs analysis • Evaluate the software based on your needs • Get help in making a selection

  16. Understand Your Business • Understand basic accounting principles • Stay current through reading books and web searches • Know your type of business • Manufacturing • Retail • Specialized insurance needs

  17. Talk To Your Accountant • Always check with the person doing your taxes • Check with your staff or bookkeeper • Understand your IT needs

  18. Before You Start Shopping • Know your budget • Talk to other businesses and software consultants • FindAccountingSoftware.com • Think of your future needs

  19. Quickbooks

  20. Peachtree

  21. Sage Simple Accounting

  22. MYOB

  23. Netsuite

  24. Cougar Mountain Denali 3.0

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