Blog entries tagged 'accounting system' http://www.proinfinity.com Tue, 07 Sep 2010 09:05:09 +0100 FeedCreator 1.7.2 http://www.proinfinity.com/option,com_myblog/show,a-proven-checklist-for-evaluating--selecting-an-accounting-system-or-erp-solution.html/Itemid,0/ Too often it takes a complete installation of the system and at least a month of operations to tell if the product will meet your needs – and by then, it is too late. There seems to be no independent place to go to get good help with avoiding the wrong package. This is a problem that everyone faces when selecting accounting software. The good news is that almost all accounting software packages have gotten better over the past decade, and it is now easier to end up with a fairly good product tha [...] admin philippines business accounting system http://www.proinfinity.com/option,com_myblog/show,accounting-checklist.html/Itemid,0/ So what are the things in accounting that you should know? <br /><br/>On a daily basis, you need to check the daily summary of your sales and cash receipts. The total sales for the day may be a combination of receivables, which are what your customers owe you, and of cash sales from outright transactions. You should also check if the cash on hand and the bank balance by end of the day are all properly accounted for. You can do this by reviewing your cash position report where all the cash in and ca [...] admin philippines business accounting system