Feedback Form
Home Features Mastermind Videos About Advertise Blog Network Contact
   

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

Featured Ebook


ebook Famous Entrepreneurs - Modern Empire Builders


Featured Ebook

More Evan Carmichael
More popular articles
- Take A Vacation
Have A Suggestion?


Sales Lessons From Starbucks And Dell

How to Choose an Accounting Program



How to Choose an Accounting Program
   

Most accounting software companies will have a variety of programs and upgrades for you to choose from, but which one is right for you?

Account programs range from the very basic personal program, the small business program, the medium business program and the large company program. The type of program you buy will depend on the size of your business as well as the type of business that you have.

The questions you need to ask yourself before you go looking for an accounting program are:

Is the program for personal or business use?
Is your business a Sole Trader, Partnership or Company?
Do you have employees?
Do you trade in foreign currencies?
Do you need Point of Sale software, accounting software or both?
Do you want to be able to import your bank statements into the program?
Do you want to be able to do online payments and receipts directly from the program?
Will you have the program running on multiple computers (Multiple users)?
Do you need to be able to do Estimates or Quotes?
Do you need the program to record time tracking?
How much are you willing to spend on the program?

Write down the answers to these questions and anything else you may think of that you would like the program to do. Once you have this written down in detail it's time to discuss these features with an expert. Most programs will have authorized representatives or consultants that you can contact to go through the program capabilities with you. You may also want to consult with your accountant to see what they recommend. You are then in a position to make an informed decision on the right program for you.

You will also want to choose a program that has a good support program. Some programs will give you free support for the first year, which is ample time to get any problems sorted. Other programs will offer paid support, which can be either a set amount per year or an amount per hour for each support request.

You can't expect to be able to walk into a shop, pick an accounting program off the shelf and expect it to work effectively. To get value for money, you need to do your research and consult with someone who knows the program or your accountant. Many accountants have a preferred program and if you choose their recommendation, it will make it a lot easier to communicate with them.

Aside from the general accounting programs like Quickbooks, MYOB and Sage, you may also want to search for industry specific programs. These programs are designed for different types of businesses and quite often are much easier to use and have exactly what you need for your business. If you know someone with a similar business to yours, you can ask them which program they are using. They may even let you have a look at the program and how it works in their business. You can nearly guarantee that if they are having any problems with the program that they will be quite willing to let you know.

How to Choose an Accounting Program - To learn more about this author, visit Glenda Lange's Website.

Like this article? Share it with your friends
[Get Copyright Permissions] E-Mail | Print | More  


Related Articles Related Articles
How to Choose an Accounting Program
  Most accounting software companies will have a variety of programs and upgrades for you to choose from, but which one is right for you?
ACCOUNTING PRINCIPLES & STANDARDS: AVOID THEM AT YOUR PERIL
  Accounting principles are the basic assumptions, rules of operation, and essential characteristics that make up the framework for the construction of accounting financial statements. This article discusses the diffe...
Why Accounting Outsourcing
  Maintaining the accounts and capital expenditures is quite a tedious task for many companies. Bookkeeping is concerned with handling the financial records, business revenue, profits and losses incurred by the compan...
A Sore US Economy But,There Is Hope
  No doubt we are living in a sore economy. This economy is bleeding everywhere but, there is hope with outsourcing services. Outsourcing services is use as a method of cost cutting measurement. In hard times, outsour...
Entrepreneurs Need Accounting Education
  No idea is so great that you can avoid accounting for it. Proper accounting is a necessary process for a successful entrepreneur to employ. You must keep detailed records of monetary transactions involved in the...

Related Forum Posts Related Forum Posts
Think like an Association Think like an Association
Setting up Revenue Sharing Program Setting up Revenue Sharing Program
Food Marketing Entrepreneur Assistance Food Marketing Entrepreneur Assistance
Book: The Essentials of Entrepreneurship: What it takes to c Book: The Essentials of Entrepreneurship: What it takes to c
Seek Venture Capital & Funding Seek Venture Capital & Funding
Wearing different hats in Business Wearing different hats in Business
Re: Teaching kids financial literacy Re: Teaching kids financial literacy
Franchise Costs Franchise Costs

Related Forum Posts Related Businesses - Evan Elite Authors
Accessible Business Consultants
Dave Turkin, President, of Accessible Business Consultants is a full service business consultant that has over 32 years of experience working with small-medium size businesses. Dave has designed and implemented numerous business and marketing plans, designed internal programs for accounting and operational procedures. He has analyzed businesses and prepared strategic plans setting budgets for growth, expansion and business restructuring. He currently sits on the Board of Directors of various corporations as an advisor. For many years he has been the Business Coach to many executives offering advice and guidance from old and established companies as well as new companies just getting started. Dave has the ability to analyze a business quickly and get a strong indication as to the necessary steps to improve operations, productivity and profitability. - Visit Accessible Business Consultants's Website

Staging Diva
Debra Gould, aka The Staging DivaŽ, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website


The Evan Elite Authors program is currently in beta phase. For details please contact us.


 
About the Author


Glenda Lange
(Visit Glenda's Website)
I am a bookkeeper with 21 years of experience and a Certificate of Commerce from USQ. I am the author of Beginners Guide to Basic Bookkeeping for Small Business.
Have A Suggestion?

View Author's Blog
Become An Author

View Author's Video
Become An Author

Free Downloads


Glenda Lange's

Complete
List Of
Accounting
Articles

First Name
Last Name
Email
 
If you enjoyed this article, get Glenda Lange's Complete List of Accounting Articles For FREE!

More Glenda Lange
How Do I Find Clients For My Bookkeeping Business
How to Save Money for Beginners
How to Choose an Accounting Program
Choosing An Accountant For Your Business
How Do I Market My Bookkeeping Business
How Much Do I Charge For Bookkeeping
How To Start Your Own Bookkeeping Business
Understanding Double Entry Accounting
Basic Bookkeeping for Small Business
How to Set Up a Low Cost Website For a Small Business
Become An Author