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What Should We Look For In Accounting Software?

The right accounting software is indispensable. You need it to automate tasks, reduce errors and make accurate financial decisions. In today‚Äôs technology-driven environment, there are many solutions to choose from. Deciding on the one that best meets your needs isn’t always easy. That’s why we’re highlighting four accounting solutions that you might want to consider.

By leveraging the right financial software, you can streamline your accounting processes, more easily file your clients’ taxes, and ensure you’ve provided accurate results. The four solutions we’re highlighting are QuickBooks, Sage 50 and Sage 100, Microsoft Dynamics GP, and UltraTaxCS. We’ll go into more detail on each one in future articles.

Why Should We Consider QuickBooks?

QuickBooks is easy to use, and it’s set up to help you pay bills, print checks, track employees’ time, organize business expenses and much more.

  • You can organize finances in one place.
  • It’s helpful for creating invoices and tracking expenses and sales.
  • It provides the records you need for taxes.
  • It helps you manage data for employees, vendors and customers.
  • You’ll have a comprehensive view of your business finances.
  • You can use paperless accounting with online banking.

It also interfaces with other software applications that you may use. You can exchange data with Microsoft Excel and more than 325 different applications.

QuickBooks provides 4 different programs:

  1. QuickBooks Online Simple Start
  2. QuickBooks Desktop
  3. QuickBooks Self-Employed
  4. QuickBooks Accountant

What Is Sage 50cloud Accounting?

Sage 50cloud Accounting is easy-to-use software that simplifies financial tasks and provides insights to help you save money for your clients. It’s designed to minimize the amount of time you have to spend on accounting tasks. It helps ensure your clients’ financials are accurate, so you can file their taxes with confidence.

Sage50 provides three levels of programs:

1. Sage 50cloud Pro Accounting

2. Sage 50cloud Premium Accounting

3. Sage 50cloud Quantum Accounting

How Is Sage 100 Helpful?

Sage 100 is an Enterprise Resource Planning and Accounting program that also offers accounting features for small to mid-sized businesses (with 10 -100 employees).

Sage 100 ERP can be accessed both online and via your desktop, and it’s supported on both PCs and Macs. You can easily import and export data between Sage 100 and the Sage Data Cloud. The Sage Data Cloud also makes it possible to connect Sage 100 ERP to a number of Web and mobile services and applications.

Various features include:

  • Accounting and Finance
  • Business Intelligence and Reporting
  • Sales and Customer Management
  • Purchasing and Supplier Management
  • Inventory Management and Warehousing
  • Manufacturing

What Is Microsoft Dynamics GP?

Microsoft Dynamics GP (formerly Great Plains) is a comprehensive business management solution for small and mid-sized businesses. It requires little customization, training, and administration. It will help you improve financial management, supply chain performance, and gain greater control over your human resources and payroll processes. It’s a cost-effective solution for accountants everywhere.

With Microsoft Dynamics GP, you never have to worry about disconnected systems or lack of business insight.

Some of its features include:

  • Financial Management
  • Business Intelligence
  • Supply Chain Management
  • Reporting and Analytics
  • Asset Management
  • Job Costing
  • Time & Expense Tracking
  • Sales Tax Automation
  • Performance Optimization
  • Business Document Automation

What Is UltraTaxCS?

UltraTaxCS can be purchased as either a Software as a Service model or a standard installation package. It provides flexible data entry, comprehensive diagnostics, a customizable home page, and complete, comprehensive data sharing across applications. Its paperless processing support includes Web client organizers, on-screen review features, document management functionality, client portals, and more.

The team at Kyocera Intelligence Mid Atlantic can help you decide the right accounting software package that best serves your needs. We also provide assistance to accounting firms with other solutions like Thomson Reuters. We’ll work with you to ensure your accounting firm is operating efficiently and your staff has easy access to the IT solutions and software you need to serve your clients in the Baltimore Washington Area.

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