AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Number rustling: feel like your accounting is getting out of control? Rein it in with the right software.(Dollar Signs)
IF YOUR ACCOUNTANT SURPRISED YOU THIS tax season with a few disturbing tidbits about your numbers, it probably wasn't the first time. But with the past year of corporate scandals bringing billion-dollar companies to their knees, most business owners are realizing that not having a handle on the company's financial inner workings can lead to disastrous consequences for companies both big and small.
For most entrepreneurs, accounting is hardly a favorite task. According to an August 2002 Greenfield Online survey, one-third of small-business owners find accounting to be the most intimidating part of managing their businesses--not surprising, given that more than half reported having no formal accounting training at all.
That's where automating properly can make a huge difference, and the latest versions of the most popular software can vastly improve your accounting IQ. The new version of Intuit's Quickbooks Pro ($300 or $180 for upgrade; http://quickbooks.intuit.com), for example, allows business owners to restrict access to parts of the program using a password system. It also lets you turn on an audit trail, which records changes to any financial transactions as well as who made the change. That's a key improvement, says Kevin Pianko, audit partner with accounting and advisory firm Eisner LLP in New York City. "In the past, you've been able to make adjustments to historical data," he says. "Obviously, that impedes the integrity of the data, which makes it useless to someone running a business."
Microsoft's Small Business Manager 7.0 ($995 for single user or $2,495 for up to five concurrent users; www.microsoft. com/businesssolutions) includes a cashflow calendar to help businesses see on a daily basis the expected cash inflow and outflow. You can set it up to tell you which customers are not paying on time and why your balances may have fallen below what you expected them to be, says Karen Engel, lead global product manager for Microsoft Business Solutions Small Business Manager.
Peachtree's 2003 upgrade to its Complete Accounting software ($300 or $220 for upgrade; www. peachtree.com) offers a Daily Register Report, which ...
- Counting the beans: our guide to accounting software--the latest developments,...
- Magazine article from: NZ Business Bland, Vikki December 1, 2005 700+ words
...locations and has used Greentree accounting software since 2002. Since then, there...businesses looking to upgrade or buy new accounting software is to understand their business...Ease of use is king Small business accounting software vendors all claim the same thing...
- Sage's MAS 90 Small Business Edition Provides Small Business Owners Access to...
- Press release article from: Business Wire January 2, 2001 700+ words
...graduate' to the next accounting level or expand to the next accounting software program, and MAS 90 Small Business is an ideal starting...plc, the world's leading e-business management and accounting software solution provider with more than 2 million customers...
- Small Business Owners Optimistic, Yet Realistic Despite Economy.
- Press release article from: Business Wire October 30, 2008 700+ words
...offers 10 tips to help small business owners survive and thrive during...Promote Your Business. Here business owners will find online services...com) is easy-to-use accounting software to help business owners make sure that their money...
- Consulting Opens The Door: Small business is good business for low-cost...
- Magazine article from: Accounting Technology Demery, Paul August 1, 2006 700+ words
...small-business accounting software formerly offered...with low-cost accounting software as a major tool...using low-cost accounting software can be a tricky affair for small-business owners, who are likely...
- Minneapolis, Minn., Firm Teaches Small Companies Accounting Software.
- Newspaper article from: Knight Ridder/Tribune Business News September 7, 2003 700+ words
...haven't fully tapped accounting software. They range from medical...good market for her. Accounting software is especially useful...does: Teaches small-business owners how to use accounting software Location: southeast...
- Consider needs when selecting accounting software.(OFFICE ESSENTIALS)
- Magazine article from: Northern Ontario Business Wareing, Andrew December 1, 2004 700+ words
Business owners have a myriad of accounting software packages to choose from, but before making the investment, one may wish to conduct one's own needs assessment, says a computer...
- NTT DATA TO OFFER ONLINE TAX FILING FOR BUSINESS OWNERS.
- News wire article from: AsiaPulse News October 12, 2007 700+ words
...yen. There will be four accounting software packages available starting...Business On Line Inc. If business owners use the accounting software for their bookkeeping...by individuals or small business owners. While the government...
- SCORE execs offer entrepreneur workshops. (Small Business & Retail) .(for small...
- Magazine article from: San Diego Business Journal Zion, Lee November 11, 2002 700+ words
...and prospective small business owners will have a chance to...Nov. 16, will teach business owners how to identify and reach...Nov. 23, will teach business owners how to handle accounting software. All of the events will...
- BRIEF: CCRA classes for small business owners.
- News wire article from: Bradenton Herald (Bradenton, FL) September 4, 2007 700+ words
Sep. 4--BRADENTON -- A series of QuickBooks classes designed to help small business owners and others learn computer accounting software will begin this month, officials said. One is slated for 6-9 p.m. on Monday, beginning...
- Intuit keeps the books for small contractors.(QuickBooks 99 and QuickBooks Pro...
- Magazine article from: Contractor FELDMAN, WILLIAM FELDMAN, PATTI May 1, 1999 700+ words
...successful small business accounting software. Both are year 2000-compliant...specifically designed for small business owners with little or no accounting...to learn than many other accounting software packages. Some of the new...
Source: HighBeam Research, Number rustling: feel like your accounting is getting out of control?...