Accounts Receivable Accounts Receivables are individuals or organizations whom owe you money for goods or services provided. Usually when you provide and individual or organization with an account you give them a time period before payment is due. You may offer them a 30 Day or 60 Day Account which … Continue reading →
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Accounts Payable Accounts Payables are individuals or organizations whom the business owes money for goods or services provided on account. Generally speaking if you have an account with another person or organization they would usually keep track of the money you owe them, so it may not be necessary for … Continue reading →
Credit Note – Refund Included in our Credit Note is a ability to record Tax Refund amounts. When refunding or crediting a client, you need to also pay attention to any Sales Tax that may have been included on the Original Invoice. As a whole we don’t believe many Small … Continue reading →
Profit and Loss Report This is one of the most sort after reports by almost any Small Business, Home Business, Contractor or Subcontractor, as this gives us an up front, in your face, hard figure which cannot be messed with… You can tell in an instant if overall you are … Continue reading →
How much Profit Do I Need Today? You may ask, Am I Making Enough Profit ? Your not in Business because you love what you do, you also want profit This is one of the biggest questions asked by Small Business and Entrepreneurs on a world wide … Continue reading →
Income Tax Generally speaking Income Tax has nothing to do with operating and running of a small business which is operated and run by family members. If we take a mum and dad business who is undertaking landscaping and lawn maintenance there is no way to record income tax within … Continue reading →
Assets and Liabilities In EasyAs you can record your Business Assets and Liabilities on one simple to follow screen. Although we know that many small businesses own some forms of plant and equipment many times this is not a component of your normal day to day running costs. A great … Continue reading →
Purchase Order Form Some businesses, typically those in the Construction Industry use purchase orders on a regular basis as part of their individual structure. Our software follows the same standard template design for our Purchase Orders, as is used in both our Quotes and Invoicing areas of the software. Whilst … Continue reading →
Sales Tax Recording of Sales Tax on goods and services has become a necessary part of every small business, home business or contractor. Many countries like Canada, Uk, USA, New Zealand and Australia require Small Business to account and collect this tax as part the array of Small Business Taxes. … Continue reading →
Recording Business Expenses This is one of the most important processes any Small Business can do. Misplacing receipts or failing to record the information can lead to increased taxes causing potential business losses Good financial accounting software is only part of the equation. Being strict with your approach to collection … Continue reading →