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Accounting Systems, Cash Management and Financial Analysis

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Accounting Systems, Cash Management and Financial Analysis


How to Account for your Business is an important aspect of turning an idea into a successful business venture. Since many prospective business owners consider themselves poor "accountants", a solid accounting system is essential, if you want to control your business. These systems make your life easier and your business venture more secure. Moreover, your accounts will give you a reasonably acurate view of what your business produces and what it is worth.



The accounting function is not just "bean counting" or "something the government wants, so that it can collect its taxes" from you. It is, in fact, your primary means of control over your business venture.

A basic accounting system has to consist of a General Ledger, an Accounts Receivable and an Accounts Payable Ledger. From these, via a Trial Balance an Income Statement or Profit and Loss Account and a Balance Sheet is extracted.

Most generic small acounting systems, such as those produced by Intuit (Quickbooks), the APS system or the other ones shown below are fully integrated and, provided you enter all the transaction data into the ledgers, produce the Income Statement and Balance Sheet automatically. Often these systems also have the capability to add on Stock Control, Point of Sales and Payroll Systems, if you need them. This makes operating a business a whole lot easier.

The more sophisticated systems even allow you to enter your budget and then produces a variance analysis showing, where you have and, where you have not, reached your budgetary targets.

The best-selling small business financial software, can save you time managing your business finances. Most of them are easy to learn and use – no accounting knowledge is necessary. With most systems you will be up and running in a short time so that you can focus on building your business instead. Start printing checks, tracking expenses, and creating invoices in a very short time.

Understanding Financial Accounts and especially your Billing Process and Cash Collection Process is one of the most important aspects of your business. Most business owners who do not understand that, run into financial difficulties. A solid accounting system, thus is a real "must" for the astute Financial Manager. "Meaningless Numbers" and ratios come alive!


Interserver Webhosting


A Selection of proven Accounting Systems

Click here to Purchase the download

Product ID 172352
Single User
US$ 99.00

Ten User License (Product ID 172496 ) costs
an additional
US$ 275.00
(click on Buy Now and then you can select)

Windows XP x32, Windows Vista x32

APS combines highly powerful American/English accounting software features with a wide range of reports such as general ledger , profit and loss , trial balance , statement of account and balance sheet and also a powerful tools guaranteed to insure satisfaction from all users of the systems. Data entry operators to managers alike will appreciate the simplicity of the products, yet will find the flexibility unparalleled.

Global features such as Visual Account Tree, Exporting financial reports to Excel, user custom reports , password manager, live update wizard and Data Maintenance make APS the ideal choice as the central accounting software for small to mid sized firms.
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This product is also available in Arabic Language (English and Arabic).
*
Three user licenses ( Product ID 172495
- additional US$ 100 to the base price of US$ 99.00) is also available.
*
The product can also be rented on a monthly basis (Product ID
172502).
*
Additional single user licenses can also be obtained (Product ID 172494
- US$ 50.00 per license)
*

(Select Products after you get to Purchase Page)


Interserver Webhosting


Click here to Purchase

Product ID 205638
Single User
US$ 160.00

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Windows XP x32, Windows Vista x32

APS combines highly powerful multilingual accounting software and stock control features with a wide range of reports such as general ledger, profit and loss, trial balance, statement of account, Taccounts and balance sheet and a complete Stock Control features such as Bar Code Enablement,Item Card, Vendor Card, Checking Stock and transactions reports guaranteed to insure satisfaction from all users of the systems. Data entry operators to managers alike will appreciate the simplicity of the products, yet will find the flexibility unparalleled. Global features such as Visual Account Tree, Export financial reports to Excel,user custom reports, password manager, live update wizard and Data Maintenance make APS the ideal choice as the central accounting software and stock control for small to mid sized firm requiring Stock (Inventory) Control

*

This product is also available in Arabic Language (English and Arabic).
*
Three user licenses ( Product ID 172495
- additional US$ 100 to the base price of US$ 99.00) is also available.
*
The product can also be rented on a monthly basis (Product ID
172502).
*
Additional single user licenses can also be obtained (Product ID 172494
- US$ 50.00 per license)
*

(Select Products after you get to Purchase Page)


LIFE SCREEN CARDIOCASCULAR


Some useful Books on Accounting from amazon.com


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One of the easiest to use accounting systems is Quickbooks. Many people use Quicken and are therefore familiar with the general layout and philosophy of the Intuit programs. They are easy to use and, apart from common sense, they do not require you to have accounting knowledge. That makes them attractive to the nonb accountant. For the accountant they are ideal because everything is organized and easy to document and find.

Whether you are a start up or an fledgling enterprise you will find the accounting solution at Quickbooks.

In addition, you will find many industry specific solutions to your accounting problems

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Account Pro

Click here to Purchase the download

Product ID 3825-1

US$ 210.00

Windows XP x32, Windows Vista x32


Account Pro Invoice

Click here to Purchase the download

Product ID 3825-3

US$ 125.00

Windows XP x32, Windows Vista x32

AccSoft is the developer of the top rated shareware products Account Pro (accounting software), and Account Pro Invoice (invoicing software) .

Accounting program, multi-system (Anglo-American and European), multi-currency, and
multilingual with English, German, French, Spanish, Italian, Danish, Swedish and Dutch.

Account Pro is based on the principle of double-entry bookkeeping. It can handle both, the British/American and the European way of accounting.

The program comes with a number of standard charts of accounts. These can very easily be adapted to particular user requirements. Unneeded accounts can be deleted and any additionally required ones can easily be inserted anywhere in the charts.

Account Pro is capable of networking (up to 3 concurrent users), has multi-currency functionality, the ability to work with cost centers and projects, and it has a function for automatic entry of tax and discount transactions.


Network-capable multi-client invoicing program that can work closely together with the accounting software Account Pro for Windows.

However, Account Pro Invoice can also be operated as a stand-alone application. The software is most suitable for small to medium size businesses.


Shippo


Click here to Purchase the download

Product ID 5833-8

US$ 69.95

Windows XP x32, Windows Vista x32

Our Excel Cash forecasting and management spreadsheets for 2010 provide three individual "must have" tools:

Cash Forecasting – 150 days ahead, auto updating daily with Excel.
Cash Solvency Forecasting
Daily Cash Management.

Cash forecasting for each single 150 day ahead of the current date. Provides a quick and easy way to roll our known payable, receivable and fixed obligations into this Excel spreadsheet, set your known aging days and Excel places each item into the day of expected settlement. Excel handles date sequences by summarizing month end forecast balances. Invaluable for cash burn situations!

Cash Solvency. When you need to know if your suppliers, customers, applicants for credit or maybe your stock investments are likely to go bust use this Excel application to quickly analyze solvency ratios using Altman and Ohlsen formula. No advanced maths required! It is all provided in this solvency analysis workbook.

Daily Cash Management. Delivers a Cash Management Control Register where you can manage all your payable, receivable accounts, the invoice and settlement dates and match forecast balances against your pre-set targets. This workbook helps you manage receivable accounts and payment dates dates to bring cash into line with your daily targets.

Zip file download or select CD edition shipping.



Click here to Purchase the download

Product ID 5833-42

US$ 69.95

Windows XP x32, Windows Vista x32

Is the clock ticking for any of your major customers or suppliers? You can run quick and easy checks on the solvency of companies you rely on to deliver services to you and to buy from you using this Excel Solvency workbook.

Business Solvency

Our Business Solvency workbook employs all the multivariate analysis equations published by Edward Altman. Altman is the Max L. Heine Professor of Finance at the Stern School of Business, New York University.

In the workbook supplied, you can simply enter two comparative sets of financial data for any company (including your own). The Altman Z scores are readily computed using the multivariate formulas provided by Professor Altman.

Bonus Addition

Financial Ratios with Excel

Windex 2008 calculates all major financial ratios in Excel.

Calculates these financial ratios from balance sheet, income statement and cash flow templates

Rate of Return on Assets (ROA) Income Tax Expense/Revenues Ratio
Rate of Return on Common Equity (ROE) Total Assets Turnover Ratio
Return on Capital (ROIC) Fixed Assets Turnover
Common Earnings Leverage Current Ratio
Cash Flow from Operations/Total Cash Flow Ratio Acid Test (See note for Quick Ratio)
Cash Flow from Investments/Total Cash Flow Ratio Accounts Payables Turnover
Cash Flow from Financing/Total Cash Flow Ratio Days Accounts Payables outstanding
Operating Cash Flow/Current Liabilities Ratio Accounts Receivable Turnover Ratio
Operating Cash Flow/Total Liabilities Days Receivables Outstanding Ratio
Operating Cash Flow/Capital Expenditures Inventory Turnover
Working Capital/Current Liabilities Ratio Days Inventory Outstanding
Working Capital/Long Term Liabilities Ratio -Total Debt to Equity Ratio
Total Debt - Coverage ratio
- Long Term Debt Ratio
- Long Term Debt to Total Assets
Working Capital/Total Debt Ratio - Long Term Debt to Shareholder Equity
Working Capital/Current Assets Ratio Total Liabilities/Total Assets
Working Capital/Total Assets Ratio Interest Coverage Ratio

FILE CONVERSION. Convert Excel, Word files to pdf documents for safe secure document transmissions. Convert PowerPoint 2003-2007 to Flash presentations.

Zip file download or select CD edition shipping.


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Frequently Asked Questions may provide answers to some of your questions. If you would like to know something specific, and think that the answer to your question has general appeal, send it to us and we will add it to the FAQ's.

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