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Consider needs when selecting accounting software.


Business owners have a myriad Myriad is a classical Greek name for the number 104 = 10 000. In modern English the word refers to an unspecified large quantity.

The term myriad is a progression in the commonly used system of describing numbers using tens and hundreds.
 of accounting software packages to choose from, but before making the investment, one may wish to conduct one's own needs assessment, says a computer consultant with Ross Ross , Sir Ronald 1857-1932.

British physician. He won a 1902 Nobel Prize for proving that malaria is transmitted to humans by the bite of the mosquito.
, Pope and Company in Timmins Timmins, town (1991 pop. 47,461), central Ont., Canada, on the Mattagami River. Timmins is the commercial center of the rich Porcupine gold-mining district, where gold was first discovered in 1909. Silver, copper, lead, and zinc are also mined. .

Mariette Mariette may signify
  • Auguste Mariette (1821-1881), pioneering Egyptologist.
  • Pierre-Jean Mariette (1694-1774), connoisseur and chronicler of artistic life in Paris
 Rains points out there is a wide variety of accounting packages available, each one having different levels of complexity, depending on the type of business and the needs of the business.

Such software includes popular and readily available software packages like Simply Accounting, Quick Books, AccPac, and MYOB "Mind your own business." See digispeak.

(chat) MYOB - mind your own business.
 (Mind Your Own Business) to other not-so-familiar names such as Business Vision. There are also some "vertical market" products made for specific industries such as law, mining, forestry, car dealerships This article is about car dealerships. For the indie pop band, see Dealership (band).

A car dealership or vehicle local distribution is a business that sells new cars and/or used cars at the retail level, based on a dealership contract with an automaker or
 and even florists.

"Our first recommendation is that businesses try to figure out what their needs are," says Rains.

[ILLUSTRATION OMITTED]

She also recommends looking at whether or not the software is expandable.

"Is it a single-user or multi-user system?" says Rains. "Some of the small-scale packages don't easily expand to a multi-user environment. Even though you might be starting a very small business, if your business grows, you may at some point want a couple of people to be able to work on the accounting system and it would be nice to have that flexibility."

The software's features are also important to consider.

The software should allow the user to print an income statement and balance sheet, she says.

In the service sector, it is also important to be able to print off invoices and receipts. But can the program calculate payroll?

"That's an important consideration because, if you're a small company of three or four people, you can probably get by calculating payroll manually," she says. "But if you've got a retail business with a lot of different people working different hours, you might like to have a system that can calculate payroll."

"There are people who will use Excel A full-featured spreadsheet for Windows and the Macintosh from Microsoft. It can link many spreadsheets for consolidation and provides a wide variety of business graphics and charts for creating presentation materials.  to keep track of inventory, but why re-invent the wheel when there are systems out there that can do that automatically and all the general accounting practices are built in," she says.

Training is also an area that needs to be considered.

"If you choose a system that isn't as popular, it might be difficult for you to hire someone who knows that product," says Rains.

www.rosspope.com

By Andrew Wareing

For Northern Ontario Business Northern Ontario Business is a Canadian magazine, which publishes monthly in Greater Sudbury, Ontario. The magazine covers business news and issues in Northern Ontario.  
COPYRIGHT 2004 Laurentian Business Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:OFFICE ESSENTIALS
Author:Wareing, Andrew
Publication:Northern Ontario Business
Geographic Code:1CONT
Date:Dec 1, 2004
Words:394
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