Tag Archives: business accounting

Your Gateway Of Perfect Business Accounting Solution

The majority of business enterprises starting by several online marketers and most of them are seeking to handle their complex book-keeping as well as tax accounting solutions that can make sure all the business tax and accounting requirement in a suitable way. Whether you are looking for a dependable tax and accounting consultant then you need to choose a best one which can assure to provide you an overall accounting and taxing solution for your entire business need, which can be cent percent reliable and trustworthy, then you can surely Accountant San Jose Ca for a complete business accounting solutions.

A Perfect Accounting Consultant for a Perfect Business

Your tax and Accounting Firms in San Jose can give you a best possible solution for all basic accounting and taxation need with other additional benefits with necessary applications. Despite the fact some of the business enterprises generally take few additional managers for this purpose, but choosing this kind of firm in bay areas will surely help you out in this regards. How a perfect tax consulting firm can help your business, that you will have to judge from your business perspective. For instance, sole dealers, everywhere in the further business need, to enter directly into cooperative, or possible to set up them as a small scale business.

A Reliable Tax Consultant the ladder of business success

Most of the Indian CPA San Jose offer specialized services for the purpose of personal as well as business taxation and accounting requirement in time. Let us see how a good tax consultant can help your business.
A dependable tax consultant can helps your business to touch the ladder of success in business.

A reliable tax services San Jose can help to avoid unwanted or unnecessary tax and accounting and legal issues.

A complete business tax and consultancy need a particular up-to-date tax and accounting reports for your business to grow further.

In time taxation and accounting solutions for further need.

How a tax and accounting consulting firm can manage all your tax-accounts need to manage your business better that you will be able to understand when your business will run smoothly without any accounting or tax hurdle. For that reason you can hire Tax preparation San Jose ca a great tax and accounting consultant in San Jose area. So, it is generally very important to find out a good tax consultant who can help you to provide a cluster of business needs like organizing, planning of taxation etc. for your overall business growth.

Review On Business Accounting Software By Sage And Microsoft

Accounting is one of the most vital processes in any business. To say the least, it is even more important than manufacturing goods and selling them. Flow of revenues and expenditures ultimately decides the fate of a business as does its proper management. The requirements of every business may vary, but the general requirements of a business like collection, classification and analysis of financial data is what constitutes the crux of accounting.

Nowadays, it is becoming a norm to purchase accounting software before starting a business. You can find accounting software for both small business as well as large businesses. In fact, a whole basket of accounting software programs is there to choose from. Depending on the type of business you have and how you run it, you have to choose the accounting software that compliments your business, instead of being a limiting force to it.

Before reviewing any accounting software, it is important to classify the market of accounting software in the following manner:

a) Small business/personal accounting software is targeted at home users. Such software are simple, easy to use and inexpensive. They perform simple functions such as management of budgets quite at ease.

b) Low end accounting software is known for its ‘single entry’ products. It serves a single national market quite easily.

c) Mid market accounting software for mid-level businesses serve multiple national accountancy standards. You can do accounting in numerous currencies.

d) High end accounting software is also known as Enterprise Resource Planning or ERP software. These expensive solutions cater to the needs of huge organizations.

Since the mid 1990s, with the entry of Microsoft and Sage, accounting software market has simply evolved. In fact, it is simply increasing at a break-neck pace. There are various good accounting software in the above categories of accounting software. Selecting the best one is not that easy.

In the small business/personal accounting section, the best accounting software would doubtlessly be the Intuit’s QuickBooks Accounting Software pro edition for small business. This accounting software has all the accounting features necessary for small businesses. QuickBooks Small Business 2006/ 7, through its time-saving features and improved functionality aids management of business. By applying online accounts management of bank statements, this software easily helps in integrating bank records in a smart way. With this software, you can rule your growing business accounts effortlessly and productively.

One excellent software, targeted at the low-end accounting software market is Sage MAS 90 ERP/MAS 200 ERP. This software is also applicable in mid-market accounting software market. This software encompasses different worthy solutions. Some of them are e-commerce, payroll, financial reporting, customer relationship management, core accounting and much more. This is an award-winning accounting software. With key processes like bill of materials, inventory management and job costing, it aids in the management of business. The advanced version MAS 200 ERP has the extra function of a client/server platform. It is known for its scalability and reliability.

In the high end accounting software market, several excellent accounting software, from some well known manufacturers like Microsoft and Sage are competing with each other for the market pie. No doubt, selecting the best one is difficult. Still, I would go with the ACCPAC Advantage Series which is known for its world-class multi-tiered functionalities. ACCPAC accounting software is perfect in the sense that it allows a business to tune its functionalities according to the needs. The ACCPAC Advantage Series is available in three editions- Enterprise Edition, Corporate Edition and Small Business Edition.

The Sage ACCPAC ERP system/Enterprise edition helps you to increase the productivity of your entire enterprise with end-to-end solutions, such as CRM. This high end software provides integrated set of end-to-end business management applications. Like other Sage software, this accounting software is known for its seamless integration, reliability and high performance which a large organization desires for keeping its competitive advantage over its rivals.

Sap Business One Accounting, Erp And Mrp Modules Implementation With Custom Elements

Small Business ERP market is experiencing stiff competition between such brand names as SAP, Microsoft Dynamics and Sage. As Business One is relatively new player on this market it often is considered when you have to replace outdated DOS based accounting application with something more contemporary. Traditionally mid and small business ERP market is divided between Dynamics GP formerly known as Great Plains and Sage products such as MASXXX. Plus competition from the small accounting packages includes QuickBooks, Peach Tree and similar brands. We see some evidence that SB1 is very popular in such regions as Brazil and Spanish speaking Latin America. Plus it is localized in such important regions as Russian Federation and China and this fact makes it popular in hub-and-spokes ERP architecture where you have to implement something simple in foreign subsidiary with consolidation to Corporate ERP in the Headquarters. Lets take a look at its functionality and technology:

1.Three Tiers Architecture. It could be described as having Database, Application Server and Client Interface layers. In such configuration custom software developers are barred from doing direct data feed or update via SQL Insert or Update statements and similar constructions. Everything should be done through application server which has reliable mechanisms to roll back failed database access. If you would like to program custom integration we recommend you either to do it via Software Development Kit or in Data Transfer Workbench. There are integration third party tools as well but outside of the scope in our publication

2.Batch Posting mode versus document posting to General Ledger upon its saving. If you are familiar with mid-market accounting packages such as Dynamics GP for example you might be curious what happens when I save something like AR Invoice in Business One. The answer is it is recorded in the module as well in GL as permanent record with recognized revenue and cost of goods sold. This was designed as small business ERP package with reasonably simple functionality. In order to give you the idea on what you are really making in cash based accounting method (opposite to accrual method as it is required for larger companies) SB1 allows you to restate financial statements from accrual into cash base

3.MRP. There is MRP wizard intended to automate your inventory replenishment by optimal quantity level or directly on sales or production order. In version 8.8X we see substantial improvement with the introduction of Purchasing Quote which could be used in requisition management and all sort of tenders where you have to document suppliers bids and decision making on the best deal selection

4.Discrete Manufacturing. It is pretty simple but it has such cool features as disassembly bill of material allowing you to disassemble returned finished product and place its components back on the shelves

5.Customization directly in settings. If you were working in ERP consulting firm back in late 1990th you probably remember how difficult it was to add custom field to existing entity or create new custom table and associate it with user interface. We think that SB1 architects were familiar with this challenge and created user defined fields and tables adding feature which automatically creates user interface to access and edit these newly created objects

6.Crystal Reports. This tool is recommended for managerial reporting, such as custom sales commission, customer statement or project profitability. There should be long term commitment to Crystal as SAP acquired Business Objects or former owner of CR

7.Competition. There might be several to consider especially Sage MAS 90 and Microsoft Dynamics GP Business Ready. Popular migration path to SAP B1 is from Great Plains Accounting for DOS as well as QuickBooks and Peach Tree. If you are thinking about abandoning GPA for DOS we would like to note that there is migration tool to Dynamics GP and if you choose this route you are skipping data conversion to SB1. It is possible to extract Great Plains Accounting master records via ODBC connection in Pervasive SQL Control Center. We do not recommend deep historical data export, cleansing and migration from GPA to SAP BO

8.Second Opinion. Accounting system implementation projects have reasonably good success rate however there are failed cases. Normal procedure to the way out of crisis is via second opinion. Consulting firms have their specializations and of course strong and weak points. If your original reseller was good in sales presentation, software sales and generic implementation it might be not an obvious fact to expect these people to be equally good in SDK coding or complex integrations with external databases

9.Selecting Consulting Firm. We recommend you to consider the following criteria: local versus nationwide, technology expertise versus generic functional consulting and user training and such additional criteria as expertise in your industry niche. If you are facing complex customization project consider somebody who runs so-called Software Development Factory

10.Multinational Corporation. Even if you have something like SAP R3, Oracle Financials, PeopleSoft or Dynamics AX implemented in your USA based headquarters it might be not feasible budget wise to implement it for small location somewhere in Brazil, Russia, China or Africa where Business One is localized and is probably better fit considering the operations magnitude

11.Industries and Business Niches. In our opinion it is good for generic wholesale, services, light manufacturing and distribution companies. There are add-ons to automate B1 in Retail, Warehouse Management, SCM, Recruiting, Food Processing, Mining, International Business and even consulting sectors

12.Please call us 1-866-304-3265, 1-269-605-4904 (for international customers, where our representatives pick up the phone in Naperville and St. Joseph, MI call centers). [emailprotected] We have local presence in Atlanta, Chicago, Southern California, South West Michigan, Houston and Dallas areas of Texas. We serve customers USA, Canada, Mexico and Brazil nationwide and internationally via web sessions and phone conferences (Skype is welcomed). Our consultants speak English, Spanish, Portuguese, Russian and Chinese. One of our experiences is international Corporate ERP and Consolidated Financial reporting