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Small and medium sized businesses can now buy ‘off the shelf ’ accounting Software at remarkably low cost. Larger businesses will often have customized programs made for their business. The accounting software carry functions such computer generated Sales invoices , that will help automatic calculation of Sales Tax, Inventory/ Stock update, Customers Balance update, Cash Book update, or maintenance of Bank Account , and regular accounting reports such as trading and profit or loss accounts and balance sheets at touch of a button. The results are shown in seconds. You just have to post your entry only once, the computer will do the rest of the work to update all  related accounting books. Computerized accounting software provides major advantage such as speed and accuracy of operation. It has the  ability to show the real picture of the company’s financial position in the form of Financial Statements and in the forms Graphs, pie charts etc, that may help  for making timely  decision and financial analysis.                          A typical computerized accounting package will offer a number of different facilities. These include: 1.       On- the screen input and printout of sales invoices 2.       Automatic updating of customers balance in the sales ledger, 3.       Automatic Sales Tax Calculations, 4.       Automatic up date of Stock / inventory 5.       Recording of suppliers’ invoices, 6.       Up to date supplier’s Balance 7.       instant financial reports that can help control on marginal costs.                                           8.   Customers Balance, Supplier Balance, Sales Tax balance and up to date stock / inventory,                                                  Profit or loss Account at your finger tips This is the age of computers.  Computers may help you to do your more easily and efficiently. It can show you the real picture of your business in the form of graphs so that you can make a profitable decision in time.   It is time to convert your manual accounting system into computerized Accounting system.           Let us convert your manual accounting system into computerized Accounting system .  Let the computers work for you   Amir Sarfraz Ph : 0336-4850717 E.Mail: lotuspk.net@gmail.com https://www.sites.google.com/site/wwwlotuspknet/       ./

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Peachtree Computerized  Accounting Provides easy-to-use tools for your expanding business needs. It contains all the features found in Sage Peachtree Pro Accounting, plus in-depth inventory and job costing capabilities, online bank reconciliation, electronic bill pay, 100+ customizable reports, and a multi-user version for increased productivity.Support for your business Computerized  Accounting   helps you work more efficiently by using dashboards, management centers, and automation of key tasks. It is an easy-to-use, comprehensive solution with module-level security and automatic accounting checks that gives you the accuracy and control you need to improve results. •Invoice customers by mail or e-mail •Automate purchase orders •Manage inventory using a variety of costing methods •Check for common accounting errors with Internal Accounting Review  •Automate purchase orders Organize and Manage Your Business Get a single-screen, high-level view of your key business metrics on the customizable Business Status Center. Print data, create a PDF, or e-mail it. Improve your customer service with the Customer Management Center. You get quick access to basic information and transactions for a single customer. You can even rank customers by gross profit. Track inventory, plan purchases or expand your service offerings with the Inventory and Services Management Center Improve financial health and make critical decisions by creating custom reports for Budgeting, Cash Flow Management, and Benchmarking. Expand functionality to process credit card transactions, pay bills online, and choose the best way to process payroll, including e-Filling. Computerized  Accounting   provides tools to help you with business management and strategic planning. It includes all of the features in Sage Peachtree Complete Accounting, plus advanced filtering on financial statements along with the ability to run progress billing, create consolidated financial statements for multiple companies, employee compensation tracking, serialized inventory and the ability to archive and report off company data for business analysis  Support for your business Choose Sage Peachtree Premium Accounting if you manage multiple companies, multiple budgets or need more organizational structure and better insight into your numbers for strategic planning.  Save Time by Improving Efficiency •Exclusive Premium feature: Compare multiple budgets across four years •Invoice customers by mail or e-mail •Automate purchase orders •Pay bills electronically or print paper checks •Focus on key business metrics with at-a-glance dashboards  Control and Secure Business Data •Easily archive and restore company data •Control user access at screen and module levels •Check for common accounting errors with the Internal Accounting Review •Use audit trails to track user activity and deter fraud •Enhanced security for prior period data  Organize and Manage Your Business •Exclusive Premium Feature: Serialized inventory to track warranty claims and recalls •Exclusive Premium Feature: Enter and track job change orders •Set e-mail alerts to let you know what requires attention •Run forecasting and benchmarking reports for long-range planning •Get business insight and analysis with Crystal Reports® 2008  Save Time with Efficient Accounting Essentials Business Status Center •Get a high-level view of your key business metrics •Customize and sort the data to suit your needs •Quickly drill down to transactions and contact details •Graph data, print it, create a PDF or email it  Customer Management Center •Access customer information, invoices, receipts, time tickets and more •Rank customers by gross profit •Customize and sort customer data to suit your needs •Quickly drill down to transactions and customer details  Inventory and Services Management Center •Track inventory •Plan purchases •Expand service offerings •Customize and sort item and service data to suit your needs •Quickly drill down to transactions and item/service details  Organize and Manage Your Business  Improve Finances and Decision-Making •Exclusive Premium Feature: More than 125 customizable reports and financial statements to help you make more informed decisions •Crystal Reports 2008 •Export most information to Excel for further analysis Advanced Budgeting •Maintain multiple budgets with up to four years of data •Compare budgets across years and against actual results  Cash Flow Management •Analyze and forecast payments and receipts •Monitor cash to meet current and upcoming obligations Computerized  Accounting Solution Has your business evolved to a point where your current software doesn't meet your needs? Do you require a solution that ties all your business functions together so your team will operate as one? Or do you simply require more users and a better performance at a cost-effective price? If yes, then Peachtree by Sage - Quantum 2010 may be your solution.  Meeting the Changing Needs of Your Business Peachtree offers you Accuracy, Control, and Results, plus the analysis tools you need to make better decisions, with tools such as: Internal Accounting Review Run up to 15 checks on your data at any time to find potential mistakes. Audit Trails Record changes to transactions and track each entry by user to deter fraud. Analysis Tools Keep up to date on your financial health with the Cash Flow Manager.  Analyze your business  performance or see how you compare to similar companies in your industry with Peachtree Business Analytics. Open Multiple Companies Now you'll be able to open multiple companies within Peachtree at the same time without having to re-enter your login information each time you switch.   We deploy Accounting Software  Amir Sarfraz Ph : 0336-4850717 E.Mail: lotuspk.net@gmail.com https://www.sites.google.com/site/wwwlotuspknet/

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For detailed information visit our web site :  www.lotuspk.net

Small and medium sized businesses can now buy ‘off the shelf’ accounting programs at remarkably low cost.  Larger businesses will often have customized programs made for their business.  The accounting programs carry out functions such as invoicing, dealing with payments, paying wages and providing regular accounting reports such as trading and profit and loss accounts and balance sheets.

The introduction of computerized accounting systems provide major advantages such as speed and accuracy of operation, and, perhaps most importantly, the ability to see the real-time state of the company’s financial position.  In my experience I have never seen a business that has upgraded to a computerized accounting system return to paper based accounting systems. A typical computerized accounting package will offer a number of different facilities.   These include: ·         On-screen input and printout of sales invoices ·         Automatic updating of customer accounts in the sales ledger ·         Recording of suppliers’ invoices

·         Automatic updating of suppliers' accounts in the purchases ledger

·         Recording of bank receipts

·         Making payments to suppliers and for expenses

·         Automatic updating of the general ledger

·         Automatic adjustment of stock records

·         Integration of a business database with the accounting program

·         Automatic calculation of payroll and associated entries

Computerized accounting programs can provide instant reports for management, for example: ·         Aged debtors’ summary – a summary of customer accounts showing overdue amounts ·         Trial balance, trading and profit and loss account and balance sheet ·         Stock valuation ·         Sales analysis ·         Budget analysis and variance analysis ·         GST/VAT returns ·         Payroll analysis

When using a computerized accounting system the on computer, input screens have been designed for ease of use.  The main advantage is that each transaction needs only to be inputted once, unlike a manual double entry system where two or three entries are required.

The computerized ledger system is fully integrated.  This means that when a business transaction is inputted on the computer it is recorded in a number of different accounting records at the same time.

The main advantages of a computerized accounting system are listed below:

·         Speed – data entry onto the computer with its formatted screens and built-in databases of customers and supplier details and stock records can be carried out far more quickly than any manual processing.

·         Automatic document production – fast and accurate invoices, credit notes, purchase orders, printing statements and payroll documents are all done automatically.

·         Accuracy – there is less room for errors as only one accounting entry is needed for each transaction rather than two (or three) for a manual system.

·         Up-to-date information – the accounting records are automatically updated and so account balances (e.g. customer accounts) will always be up-to-date.

·         Availability of information – the data is instantly available and can be made available to different users in different locations at the same time.

·         Management information – reports can be produced which will help management monitor and control the business, for example the aged debtors analysis will show which customer accounts are overdue, trial balance, trading and profit and loss account and balance sheet.

·         GST/VAT return – the automatic creation of figures for the regular GST/VAT returns.

·         Legibility – the onscreen and printed data should always be legible and so will avoid errors caused by poor figures.

·         Efficiency – better use is made of resources and time; cash flow should improve through better debt collection and inventory control.

·         Staff motivation – the system will require staff to be trained to use new skills, which can make them feel more motivated.  Further to this with many ‘off-the-shelf’ packages like MYOB the training can be outsourced and thus making a particular staff member less critical of business operations.

·         Cost savings – computerized accounting programs reduce staff time doing accounts and reduce audit expenses as records are neat, up-to-date and accurate.

·         Reduce frustration – management can be on top of their accounts and thus reduce stress levels associated with what is not known.

·         The ability to deal in multiple currencies easily – many computerized accounting packages now allow a business to trade in multiple currencies with ease.  Problems associated with exchange rate changes are minimized.

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