Using Accounting Software

Accounting can help your business in many ways: by reducing errors, saving time, organizing customer data, streamlining payroll and giving you a complete view of your company's financial status. With a clear picture of your financials, you can make smarter business decisions.

Ask yourself these key questions before choosing a accounting system:

Can it scale or upgrade if my business grows?

Is it easy to learn and easy to use?

Does it have all the features I need?

Will it run on my computer?

Will it work on my office network?

Does the vendor offer online and phone support?

Is the price right for my needs?

Accounting software such as Quickbooks Pro is an application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll, and trial balance. It functions as an accounting information system.

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Accounting software such as Quickbooks Pro is typically composed of these

Functional Modules-

Accounts receivable - where the company enters money received

Accounts payable - where the company enters its bills and pays money it owes

General ledger - the company's "books"

Billing - where the company produces invoices to clients/customers

Stock/Inventory - where the company keeps control of its inventory

Purchase Order - where the company orders inventory

Sales Order - where the company records customer order for the supply of inventory

Non Functional Modules

Debt Collection - where the company tracks attempts to collect overdue bills (sometimes part of accounts receivable)

Expense - where employee business-related expenses are entered

Inquiries - where the company looks up information on screen without any edits or additions

Payroll - where the company tracks salary, wages, and related taxes

Reports - where the company prints out data

Timesheet - where professionals (such as attorneys and consultants) record time worked so that it can be billed to clients

Purchase Requisition - where requests for purchase orders are made, approved and tracked

Quickbooks Pro is owned by Intuit, they offer a wide variety of financial and accounting software

such as;

Simple Start Plus Pack...Simplest way to track sales and expenses!

Quickbooks Pro...Organize business finances all in one place, quickly create invoices & reports.

Quickbooks Premier...Monitor business performance easily manage customer, vendor & employee info, accounting tools tailored to your business.

Enterprise Solutions...Solve industry-specific needs, advanced reporting and inventory management, most user and data capacity, 12 months of support and upgrades included.

Quickbooks Online...Anytime, anywhere Internet-based solution lets you do business from anywhere with anyone..

Order your online accounting software now! www.quickbooks.com