accounintg considerations
Our company (www.accountsiq.com) provides a really
feature-rich cloud accounting product that scales with clients as they grow.
It's great if you need extras like Sales & Purchase
Ordering Processing, Inventory Management, Budgeting, Cashflow Forecasting and
Group Data Consolidation. Because it's online it's a cinch integrating with
other products like Salesforce.
To give you an idea of where accountsIQ is
targeted, it would be more suited to the larger SME clients that need
functionality above other products like Xero and Freeagent.
I guess our real sweet spot is in multiple entity
businesses where multiple individual entities need access to a common platform
(like Accountants, Franchises and Groups) where they can share information
and see one version of the truth in terms of their accounting data.
You can sign up for a trial here http://www.accountsiq.com
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feature-rich cloud accounting product that scales with clients as they grow.
It's great if you need extras like Sales & Purchase
Ordering Processing, Inventory Management, Budgeting, Cashflow Forecasting and
Group Data Consolidation. Because it's online it's a cinch integrating with
other products like Salesforce.
To give you an idea of where accountsIQ is
targeted, it would be more suited to the larger SME clients that need
functionality above other products like Xero and Freeagent.
I guess our real sweet spot is in multiple entity
businesses where multiple individual entities need access to a common platform
(like Accountants, Franchises and Groups) where they can share information
and see one version of the truth in terms of their accounting data.
You can sign up for a trial here http://www.accountsiq.com
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Sabari Devadoss, Product Manager @ Intuit, Inc working...
1 vote by John Kinsella
It really depends on your business needs. Quickbooks Online has a comprehensive feature set to meet your business needs. It also has integration to Payroll, Merchant Accounts and GoPayment mobile payments solutions. We have a very diverse user base that traverses across sole proprietorships to fairly large businesses. You wouldn't need to worry about your accounting software scaling as your business grows. I am not sure if competitors to Quickbooks Online can say that.
My take is that there are plenty of free trials out there for most of these products. Give them all a whirl and see what is the most comfortable for you and your business. Forget the marketing fluff and do your due diligence.
My take is that there are plenty of free trials out there for most of these products. Give them all a whirl and see what is the most comfortable for you and your business. Forget the marketing fluff and do your due diligence.
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Tags:
More Alternatives to Quickbooks
www.indinero.com
www.waveaccounting.com
www.lessaccounting.com
www.xero.com
www.freeagent.com
www.clearbooks.co.uk
www.workingpoint.com
www.outright.com
www.freshbooks.com
www.kashoo.com
Diego Dacal, I work for GetApp.com and I can help ...
1 vote by Stephen Valenta
Definitely Xero (http://www.getapp.com/xe ro-appli...) is one of the leaders of this segment. But I recommend you also take a look at:
You can find more alternatives at our listing for accounting applications (http://www.getapp.com/ac counting...) in GetApp.com.Suggest Edits
- Zoho Books (http://www.getapp.com/zo
ho-books...)
- FinancialForce (http://www.getapp.com/fi
nancialf...)
You can find more alternatives at our listing for accounting applications (http://www.getapp.com/ac
Tags:
Accounting Choices
Stephen Valenta, 8tracks Reporting Manager
6 votes by Mark Burton, Catherine Walker, Jeremy Horneck, (more)
I've spent about 10 hours so far this week looking at around 20 different cloud accounting services. I've read most of the related Quora forums and some other online reviews. My tentative conclusion is that Xero.com will the best for our startup, which has about 10 employees.
[For the asker, it looks like Xero does not support Paychex right now, but it has more add-ons than its competitors.]
LessAccounting.com, WaveAccounting.com, and Kashoo.com are also cool-looking double-entry accounting sites. They seem just a step below Xero and QBO on sophistication, but simplicity can also be a pro. Those are the ones I'll be comparing Xero with.
Sites like InDinero.com and Outright.com, which function like Mint.com, might be cool for freelancers, but they don't have true double-entry accounting, so no-go for most startups.
Expensive ($400+/month) and complex services like IntAcct.com or FinancialForce.com probably aren't needed until you're a big (50+/100+ people?) company.
Other sites I looked at include:
- Bill.com
- MarketCircle.com
- Harvest (getharvest.com)
- Expensify.com
- Freshbooks.com
- Shoeboxed.com
- Invoicera.com
- FreeAgent.com
- WorkingPoint.com
- Zoho.com
- Saasu.com
- NetSuite.com
[For the asker, it looks like Xero does not support Paychex right now, but it has more add-ons than its competitors.]
LessAccounting.com, WaveAccounting.com, and Kashoo.com are also cool-looking double-entry accounting sites. They seem just a step below Xero and QBO on sophistication, but simplicity can also be a pro. Those are the ones I'll be comparing Xero with.
Sites like InDinero.com and Outright.com, which function like Mint.com, might be cool for freelancers, but they don't have true double-entry accounting, so no-go for most startups.
Expensive ($400+/month) and complex services like IntAcct.com or FinancialForce.com probably aren't needed until you're a big (50+/100+ people?) company.
Other sites I looked at include:
- Bill.com
- MarketCircle.com
- Harvest (getharvest.com)
- Expensify.com
- Freshbooks.com
- Shoeboxed.com
- Invoicera.com
- FreeAgent.com
- WorkingPoint.com
- Zoho.com
- Saasu.com
- NetSuite.com
Tags:
DIY Payroll
Business Owner QuickBooks Payroll Tools, Training, Service, and Support
If you choose to perform your payroll yourself with QuickBooks, we provide you the QuickBooks payroll tools, training, service, and support you need to perform your payroll accurately and productively.
Payroll Development Program
Our Payroll Development Program is for small business owners who want to learn how to accurately and productively perform payroll with QuickBooks payroll software.
Objective
S&Y's Payroll Development Program is for small business owners who want to learn how to accurately and productively perform payroll with QuickBooks.
How the Program Works
If you choose to perform your payroll yourself with QuickBooks, we provide you the QuickBooks payroll tools, training, service, and support you need to perform your payroll accurately and productively.
Payroll Development Program
Our Payroll Development Program is for small business owners who want to learn how to accurately and productively perform payroll with QuickBooks payroll software.
Objective
S&Y's Payroll Development Program is for small business owners who want to learn how to accurately and productively perform payroll with QuickBooks.
How the Program Works
- We provide, host, and setup your QuickBooks enhanced payroll software.
- We provide you payroll training.
- We review your QuickBooks payroll file each month and provide review points such as errors, omissions, and tips.
- You "clear" the review points.
- We make payroll adjustments.
- We prepare the payroll tax returns and reports.
Tags:
DIY Bookkeeping
Business Owner Bookkeeping and QuickBooks Tools, Training, Service, and Support
If you choose to perform your bookkeeping yourself with QuickBooks, we provide you the bookkeeping tools, training, service, and support you need to perform your bookkeeping accurately and productively.
Bookkeeper Development Program
Our Bookkeeper Development Program is for small business owners who want to learn how to accurately and productively perform bookkeeping with QuickBooks financial software.
Small businesses are more likely to succeed if they obtain timely, relevant, and reliable financial information. Timely, relevant, and reliable financial information helps owners make more informed decisions, increase their profit and cash flow, reduce income tax liabilities, and obtain financing.
Bookkeeping is vital to the success of producing timely, relevant, and reliable financial. However, many small business owners performing bookkeeping with QuickBooks have no or little bookkeeping and QuickBooks knowledge, skills, and experience.
Objective
S&Y's Bookkeeper Development Program is for small business owners who want to learn how to accurately and productively perform bookkeeping with QuickBooks.
How the Program Works
If you choose to perform your bookkeeping yourself with QuickBooks, we provide you the bookkeeping tools, training, service, and support you need to perform your bookkeeping accurately and productively.
Bookkeeper Development Program
Our Bookkeeper Development Program is for small business owners who want to learn how to accurately and productively perform bookkeeping with QuickBooks financial software.
Small businesses are more likely to succeed if they obtain timely, relevant, and reliable financial information. Timely, relevant, and reliable financial information helps owners make more informed decisions, increase their profit and cash flow, reduce income tax liabilities, and obtain financing.
Bookkeeping is vital to the success of producing timely, relevant, and reliable financial. However, many small business owners performing bookkeeping with QuickBooks have no or little bookkeeping and QuickBooks knowledge, skills, and experience.
Objective
S&Y's Bookkeeper Development Program is for small business owners who want to learn how to accurately and productively perform bookkeeping with QuickBooks.
How the Program Works
- We provide, host, and setup your QuickBooks Pro 2010 software and data file.
- We provide you bookkeeping training and certification (studies show that individuals with a basic bookkeeping and accounting knowledge use QuickBooks more accurately and productively).
- We provide you QuickBooks training and certification.
- We review your QuickBooks data file each month and provide review points such as errors, omissions, and tips.
- You "clear" the review points.
- We make account adjustments.
- We prepare the financial statements and reports.
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Non-Profit Organizations
We can help you setup and maintain your non-profit organization's tax-exempt status by handling all the IRS reporting for you.
Each year the IRS requires most tax-exempt organizations to submit the Form 990 and its relations, which includes the following items.
Here's what we do for you...
Here's what's needed...
Let us help you setup and/or maintain your non-profit tax-exempt status by requesting a Free Consultation below.
Each year the IRS requires most tax-exempt organizations to submit the Form 990 and its relations, which includes the following items.
- Income Statement with very specific revenue and expense categories like donations, salaries, postage, rent...
- Balance Sheet with specific categories like cash, accounts receivable, accounts payable...
- Functional Expense Statement with all the expenses allocated to either program services, fundraising, or operations.
- Individual Program Expense Statement that reports all of the expenses for each program or service like seminar programs or educational mailings.
- Revenue Support Schedules that detail the organization's sources of income in specific categories like charitable donations, membership fees, investment income.
Here's what we do for you...
- Review and compile your financial statements
- Design, install, and maintain your Accounting System
- Weekly, bi-weekly, or monthly payroll preparation
- Payroll Tax Preparation and Deposits
- Provide training for your accounting personnel
- Complete and file your non-profit status application
- Provide training for your board on non-profit financial statement usage and effective budgeting practices
- Prepare and file the 990 and 990T tax forms
- Prepare your initial start-up documentation, including incorporation, federal employee identification number (FEIN), and payroll setup with federal and state agencies.
- Churches: We prepare the pastoral housing allowance and other required benefit documentation to meet the complex dual status of ministers.
Here's what's needed...
- Articles of Incorporation containing the Exempt Purpose Statement as described in IRS Code section 501(c)(3) and defined in Treasury Regulation 1.501(c)(3)-1 Paragraph d and the Dissolution Statement described in Treasury Regulation 1.501(c)(3)-1 Paragraph b subparagraph 4 ("Organizational Test").
- Employer Identification Number
- By-laws of the Organization
- Minutes of Board Meetings
- Names, Addresses, and Resumes of Board Members
- Names and addresses of all Active Members
- Inventory of Assets like cash, furniture, equipment, property, pledges...
- Inventory of Liabilities like mortgages, accounts payable, loans...
- Rent/Lease Agreements and Contracts
- Revenue and Expense Statements for the last four years or as far back as possible if your organization has been in existence for less than four years.
- Written Reason for Formation and History of the organization.
- Organization Mission Statement or Statement of Faith or Beliefs for Churches and other Religious Organizations.
- Organization Activities, Operations and Programs Documentation including your statement of purpose & operations, food programs, fundraisers, flyers/brochures/pamphlets...
- Financial Support Documentation including all sources of revenue like contributions, tithes, offerings, fundraisers...
- Fund Raising Program Descriptions
- IRS Processing/Filing Fee
Tags:
New Business Formation
Thinking of owning your own business?
Opening your own business is exciting and thrilling. It's everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not. It's up to you to maintain and stretch out the "thrill and excitement" period forever.
A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business. Success lies in the approach you choose to take. We help you avoid the common pitfalls that many new small business owners make when starting their new venture.
Opening your own business is exciting and thrilling. It's everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not. It's up to you to maintain and stretch out the "thrill and excitement" period forever.
A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business. Success lies in the approach you choose to take. We help you avoid the common pitfalls that many new small business owners make when starting their new venture.
We help you...
Let us help you succeed by getting your new business off to a good strong start. Please complete the form below to learn more about our New Business Formation Services.
- Prepare an initial business plan to clarify your marketing, management, and financial plans.
- Determine your start-up capital needs.
- Identify sources of start-up capital and backup sources if needed.
- Evaluate and quantify your borrowing power so you know how much money you can get your hands on if needed.
- Select a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation and portability should you need to relocate.
- Select the right accounting software by evaluating your budget, needs and hardware.
- Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive each month for the first few years. Unplanned cash requirements are always emotionally painful.
- Establish billing and collection procedures to maximize your cash flow.
- Establish procedures to monitor and control costs.
- Setup a home office so you can maximize your tax deductions.
- Prepare and file all required state and local licenses and permits.
- Prepare and file your application for your Federal Employer Identification Number.
- Provide payroll and payroll tax filing when you bring on your first employee.
- Comply with employment laws so you don't get hit with fines and unhappy employees.
- Identify your business insurance needs.
- Develop a solid Partnership Agreement. This is an extremely important document for all new partnerships and will help prevent a tremendous amount of financial and emotional problems down the road.
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