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Accounting Sage Technical Support Program for a Small Business
Lee Smith (xyz)
Free Member · Join Date: 21 Nov, 2017 · Posts 8
21 Nov, 2017 · #1
Can you do your accounting the old fashioned way with a balance piece book? Yes, you can, but with all the accounting software out there, why would you?

In typical, you probably wouldn't, but I do know of a variety of organizations that have tracked their information in Excel for the first couple of decades while waiting for the company to produce enough cash to buy a cpa program.

I don't suggest this strategy because primary accounting software programs are value for money and maintaining appropriate observe of your information is significant for your company. Keeping an excellent consideration allows you to observe your efficiency by customer, allows you to comprehend how your employees invest their time, and allows you to comprehend how your marketing dollars drive the item sales.

Make sure when you get your software that you are able to:

Track every income item and every expense by customer or job kind.
You are able to personalize your expense categories.
The reports that you can run will provide you an excellent understanding of how cash flows through your company.
Keep time by employee and run reports showing time by customer.
Download your information to your accountant's software system.
Have more than one seat license to use the item.
The three offers often recommended for organizations are Sage Pro 2008, Peachtree Complete Accounting 2008, and for Mac users: Myob Accountedge 2007 for Mac Also Includes Network Edition. (Sage Pro also has a Mac inclusion and MYOB has a PC addition).
From my discussions with entrepreneurs, the majority begin out with Sage, but don't like it that much. Peachtree seems to be the favorite, but it is not available on the Mac. Any of these offers are fine for a little business, but please make sure that you have a cpa help you set up your information if you do not comprehend accounting yourself. The software will only advantage you if you comprehend what it is telling you.

Another note: if you are doing Department of Defense contracts, you must comply with the DCAA (Defense Contract Auditing Agency) accounting rules. A lot of specialty accounting companies would have you believe that you must have special software to be DCAA compliant. In many cases, special software will makes it simpler, especially if you have several contracts over several decades. If you are just going for an SBIR or two, the above mentioned accounting offers can be used and can be DCAA compliant. Go to the DCAA website pick selection item: Standard Review Programs. Most way down is the Preaward Survey of Prospective Contractor Accounting System. The DCAA will do an audit of your accounting system prior to beginning an award and this is the checklist they will use to make sure your accounting item is up to their standards.

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finn balor495 (finnbalor495)
Free Member · Join Date: 27 Sep, 2018 · Posts 2
27 Sep, 2018 · #2
Thanks for the info.keep up the good work.
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finn balor495 (finnbalor495)
Free Member · Join Date: 27 Sep, 2018 · Posts 2
27 Sep, 2018 · #3
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Free Member · Join Date: 1 Oct, 2018 · Posts 4
1 Oct, 2018 · #4
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Free Member · Join Date: 1 Oct, 2018 · Posts 4
1 Oct, 2018 · #5
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