Sage One Complete: Cloud based accounting system for SMB's

Posted by PC Methods on Sat, Jul 30, 2022 @ 10:00 PM

     How many of you have ever heard of Sage Accounting Software? Seriously, how many of you have ever heard of Sage? They make some of the best accounting software on the planet, but their marketing has been ineffective. Just think about how many non-franchise small businesses there are with 0-25 employees in the USA alone. What is your guess, 5 hundred thousand, 1 million, more? Sage has over 6 million customers worldwide, but so far only 10,000 businesses have signed up for Sage One, the latest Sage offering targetted specifically for small businesses. . 

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Tags: Cloud Computing, Small Business, Peachtree, quickbooks Pro, Accounting systems

History of Accounting Systems since Before Da Vinci

Posted by Peter Heinicke on Wed, Jul 28, 2021 @ 10:43 AM

How Accounting Has Been Changed Over Time By Technology

Luca Pacioli (1494) was the first to describe the systems of debits, credits, journals and ledgers. Pacioli's writings are the basis of modern accounting. Summa de Arithmetica, Geometria, Proportioni et Proportionalita ("Review of Arithmetic, Geometry, Ratio and Proportion"), a twenty-seven page treatise on double-entry accounting, was one of the first items to be published on the Gutenberg printing press. Leonardo da Vinci was one of Pacioli's students in Milan. 

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Tags: Cloud Computing, Small Business, quickbooks Pro, Accounting systems

The Sage Accountants Network

Posted by Peter Heinicke on Wed, Aug 20, 2014 @ 03:24 PM

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Tags: Small Business, Peachtree, Payroll Module | Payroll Service | Accounting Syst, accounting process | General Ledger | Sub Ledger|, Budget, Accounting systems, Sage 50

Why is an LLC better than an S-Corp?

Posted by Peter Heinicke on Wed, Apr 21, 2010 @ 10:43 AM

An LLC is a business structure similar to a sole-proprietorship or a general partnership. According to the IRS, "It is designed to provide the limited liability features of a corporate and the tax efficiencies and operational flexibility of a partnership." As a pass-through entity, all profits and losses pass through the business to the LLC owner (aka "member"). Similiar to partnerships, the member himself reports the profits/losses on their federal tax returns but not the LLC.

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Tags: Accounting systems, Tax Status, S-Corp, LLC

Common IT Mistakes Made to Meet Security Compliance

Posted by Peter Heinicke on Wed, Apr 07, 2010 @ 10:47 AM

Companies often make mistakes when rushing to meet regulatory compliance deadlines. You should be careful to ensure you don't weaken your company's security in the process. Below are 5 of the most common ways companies make these security missteps:

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Tags: ERP systems, PCI Compliance, Credit Card Processing, Accounting systems