Small Business Accounting System

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Picking the small business accounting system you will use for your business can be a big decision. Once you select a software program it can be very difficult and costly to switch systems later if you are unhappy with your selection. That is why it is a good idea to thoroughly review all of your options before making the decision for your small business.

Some of the key factors that should be reviewed when selecting a small business bookkeeping software program for your small business are

Cost

Learning curve

Input efficiency

Reporting capabilities

Flexibility

 

In more detail here is what you should be looking for in each of the above key factors

Cost

Compare the costs all the various programs you are considering. Ensure to take into account if the program cost is a one time payment or an on going monthly fee. On-going monthly fee programs can sometimes look attractive but actually be very expensive if you need to pay the monthly fee for as long as you use the software. Calculate how much you will pay in monthly fees over the life of your business to understand the true cost. Cost is not the only factor though, weigh the other features of the programs against their cost as it might make sense to pay a little more for a program that has more features, is easier to use or is just more flexible.

Learning curve

Take into account how long it is going to take you to learn the system. If a particular program will take days or weeks to learn there is significant cost to your business by selecting a software package of that nature. There is a lot of value in having a system that can be learned quickly by yourself, others or future employees.

Input efficiency

Take into account how long it will take to make journal entries and run reports. If with one bookkeeping system you will be able to enter twice as many entries per hour versus another program, definitely choose the program that is quicker to work with. The less time you spend entering your accounting transactions the more time you have to run your business and make more money.

Reporting capabilities

One of the key differentiators between small business bookkeeping software programs is the reporting features available within a given software package. Reporting on your financial results is critical to managing your business that is why you need to make sure the program you purchase can easily deliver the reports you need. Many bookkeeping programs have set reports that can not be modified. If you are considering a software system of this nature it is critical you ensure the standard reports can be customized to include the information you want and need.

Flexibility

Finally the fifth factor to consider when selecting a software program is the flexibility of the program. Flexibility includes the ease at which the necessary information can be extracted from the system. It also includes how easy it is to make correcting entries or the ability to transfer the program from one computer to another. The last thing you want to have happen is have all of your bookkeeping information locked into some program but not be able to access or modify it in the way you want. And finally, flexibility includes how easily the data can be transferred to another program of software system.

 

When making your final decision on the small business bookkeeping software you will choose you should weigh how each option you are reviewing compares on all 5 of these factors. At the same time is is important to determine which of the 5 factors is most important to your particular business and situation. Only you know what your bookkeeping program needs to be able to do. If you follow this process you will make a smart informed decision that will result in the selection of a system that is right for your business.

 

If you are in the market for a small business accounting system check out Profitworks’ Easy To Use Accounting Software by clicking on the link below.

http://www.profitworks.ca/easy-to-use-accounting-software

I work at Profitworks where I help small businesses generate new customers. I also sell a small business accounting system that was developed by a friend of mine.

If you are in the market for a small business accounting system check out Profitworks’ Easy To Use Accounting Software by clicking on the link below.

http://www.profitworks.ca/easy-to-use-accounting-software


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  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).

Programs:

  • Bachelor of Science in Accounting
  • Bachelor of Science in Business - Accounting

The Secret to Getting Ahead is Getting Started

Congratulations! Your interest in Independence University is an important first step toward changing your life. A career-focused degree is the key to a new career with a potentially higher income, better benefits, and more satisfaction.

We want to help you get that degree. Consider:

1.       Start Fast, Finish Fast: You can earn an Associate’s degree in 20 months, and a Bachelor’s degree in 30 to 36 months.*

2.       Save up to $5,000 on your college degree.† You can afford college with our new Fresh Start Scholarships!

3.       Tuition Assistance: Financial aid and grants are available to those who qualify.

Programs:

  • Accounting (BS)
  • Accounting - Forensic Accounting (BS)
  • Business Management & Accounting (AAS)
  • There's still time to apply to Grand Canyon University and pursue your education. Learn more today!
  • Study on your schedule - GCU offers many programs 100% online to fit your busy lifestyle.
  • GCU offers a variety of opportunities to reduce the cost of furthering your education. Campus students may qualify for scholarships, while online students can take part in limited special offers.
  • A regionally accredited university, GCU also holds specialized accreditations and approvals for some of our core program offerings.
  • Degrees in business, education, nursing, humanities and social sciences, theology and more. Find the degree that fits you.
  • Talk to us today to learn more about financial aid and start dates!

Programs:

  • B.S. in Accounting
  • B.S. in Finance and Economics
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  • Bachelor's (BBA) - Finance

CTU can help you connect to what matters most: a powerful professional network, faculty who are real-world professionals and innovative technology. And now several CTU degree programs are ranked by U.S. News Best Online Programs for 2015.  Are you in?

Programs:

  • Bachelor of Science in Accounting
  • Bachelor of Science in Business Administration - Finance
  • Earn your degree online from Ashford University!
  • Choose from Undergraduate and Graduate classes
  • Business, Health Care, Psychology and Liberal Arts programs to choose from
  • Apply Now! Classes begin every Tuesday!

Programs:

  • BA Finance

WELCOME TO KAPLAN UNIVERSITY

Online Education That Fits Your Life

For 80 years, we’ve been preparing students for career success. We’ve led the wayso that our students can too.

Globally Renowned Purdue to Acquire Kaplan University

Purdue University, one of the nation's most respected universities, will acquire Kaplan University and create a new, nonprofit, public institution within the Purdue system. Pending regulatory approvals, this exciting transition is expected to take place later this year. This change will be seamless—during the transition, you will still be able to enroll at Kaplan University, earn a high-quality education, and meet your educational and career goals.

Programs:

  • BS in Accounting
  • BS in Accounting - Managerial Accountancy
  • BS in Accounting - Public Accountancy
  • And more...
Get the hands-on training and skills it takes to succeed with Ashworth College, a respected, worldwide leader in distance education. Study at the times and places most convenient for you.

Programs:

  • Payroll Clerk
  • Online and ground-based program areas include Fashion Marketing and Management and more.
  • Students can study branding, event management, and public relations to help them prepare for a marketing career
  • Course topics include Fundamentals of Business, Brand Strategy, Project Management, and Principles of Market Research
  • Over 50 locations nationwide, with a student support team dedicated to helping students grow
  • Join our next Open House on 2/15!

Programs:

  • Marketing & Entertainment Management (BS)
  • Fashion & Retail Marketing (AS)
  • Online bachelor's programs include BBA, Criminal Justice, IT, Healthcare Management, Pscyhology & Public Health
  • Over 115 years of delivering quality education and personalized attention to students

Programs:

  • Business Administration (BBA)