Accounting Software For Sachet Water Companies
As a business owner or finance office in charge of managing finance for a bottled or sachet water company (pure-water), key areas you may be interesting in more than anything are how to accurately track sachet water productions, quantity produced, the number of bags distributed to customers or resellers, amount returned and the cash collected […]
Accounting Software For Private Equity Firms
Private equity firms are private finance firms that invest in high-growth and profitable businesses – They mobilize fund from selected individual or corporate bodies, buy equity shares in small – medium firms ranging from 5% to 20% with the purpose of enjoying steady return on investment for a certain period or selling their investment at […]
Accounting Software For Courier Company
Courier companies are serviced based businesses that help clients or customers deliver parcels, documents or goods to different locations. A good example of a courier company in Nigeria is FEDEX, one of the world’s leading logistics companies serving million of individuals and corporate customers. In this guide, I will be sharing tips on how accounting […]
Understanding QuickBooks Software & the Right Version for your Business
Our QuickBooks Accounting software, which comes with genuine licenses, product numbers and validation code, lets you run your business efficiently. You can opt for the one-off desktop version or subscribe to the online version depending on your needs. While the desktop version is installed on your computer system, you can as well have it on […]
Features & Cost of Warehouse Management Software For SMEs
For small business owners who imports, manufacture or distribute products on daily basis, it’s a known fact that one of the biggest challenges confronting them is an effective warehouse and inventory management processes. SMEs in the pharmaceutical, supermarket or chain store, wholesale or retail sector knows what I am talking about. To buttress my point, […]
Accounting For Payday Loans & Cash Advance
Accounting For Payday Loans – Journal Entries For Payday Loan, Cash Advance & Interest Receivable With Provision For Bad Debts Payday Loan is a type of cash advance offered to individuals or employees looking for emergency cash to finance short-term needs. It is a convenience way to raise cash as it comes with convenient terms […]
Accounting Entries For Foreign Exchange Transactions
Accounting Entries For Foreign Exchange Transactions – Journals For Forex Purchases, Fluctuation, Gain or Loss, Hedge, Revaluation & Currency Sales A foreign exchange transaction occurs when you pay a supplier or receive payment from a customer in a currency different from your home currency or a currency your financials are reported in. In such transaction, […]
Mortgage-Backed Securities Explained & Accounting Entries
A mortgage-backed security is a term that became popular during the global market crash of 2008 that dragged big financial institutions like Lever brothers, and Fannie Mae under. How do Mortgage-backed securities work? Let’s paint a scenario to explain what this term means to a layman – Assuming you want to buy a house and would […]
Accounting For Subscriptions Revenue – Membership, Software or Magazine
Accounting For Subscriptions Revenue – Learn Journal Entries For Membership, Software or Magazine or Digital Subscription Receivables & Receipts Let’s say you run a subscription –based business where members or customers make an upfront payment into your account to enjoy a particular product or service for a specified period, you need to understand that it […]
Accounting Entries For Loan Receivables & Payables
Accounting Entries For Loan Receivables & Payables – Learn How To Treat Loan Notes, Interest Payments, Provision, Write Off & Convertible Loan QuickBooks A loan is a debt instrument provided by an entity to another entity known as the borrower at an agreed interest rate, evidenced by a promissory note which specifies the principal sum, interest […]
Accounting Treatment For Insurance Premium, Claim & Brokerage
Accounting Treatment For Insurance Premium – Learn The Journal Entries For Insurance Premium Income Paid In Advance, Payment, Claim Settlement & Brokerage Fees or Commission As a business owner who is concerned about the risk of loss, insurance is designed to secure your business against future occurrences that might lead to loss of asset or […]
Accounting Treatment For Debt Securities – Treasury Bills & Bond Investment
Accounting Treatment For Debt Securities – Treasury Bills & Bond Investment – Journal Entries For Treasury Stock & Bond Purchases at Discount or Premium From Government. A business with excess cash can, as an alternative to bank savings, decide to invest in a short or long term securities which guarantee a fixed return on quarterly, […]
Accounting For Structured Settlements & Annuity Company
Accounting For Structured Settlements & Annuity Company – Learn The Journal Entries For Structured Settlement Annuities Purchaser From A Life Insurance Company According to Wikipedia, “A structured settlement is a negotiated financial or insurance arrangement whereby a claimant agrees to resolve a personal injury tort claim by receiving some part of the settlement in the […]
Accounting Treatment Of Trading Stock or Private Equity Fund
Accounting Treatment Of Trading stock or Private Equity Fund In QuickBooks – Journal Entries For Share Purchased, Dividend, Disposal or Sales Of Shares, & Revaluation of Shares Trading stock or investing in shares is an activity that involves buying a share of a company’s capital with the purpose of being a part owner of the […]
Accounting Treatment For Credit Card Transactions
Accounting Treatment For Credit Card Transactions – This Tip Contains Guide On How To Use QuickBooks Journal Entries For Credit Card Sales, Merchant Fees, Payments And Expenses Unlike a normal business transaction carried out face to face, a credit card transaction involves the use of a payment card number, and pin issued by a provider […]
Accounting Treatment For Disposal Of Fixed Assets
Accounting Treatment For Disposal Of Fixed Assets – Find Tips to Record Sale of Fixed Assets With Entries On Gain or Loss in Income Statement Using QuickBooks UK, US or Canada. When an asset is disposed of, there are standard accounting entries you should follow, especially when you are using an accounting software. To explain […]
QuickBooks for Non-Profits – NGO’s Accounting Software in Nigeria
QuickBooks for Non-Profits – Learn how NGO’s Accounting Software works for an organisation in Nigeria with typical tips on how to track revenue, manage expenditures and ascertain surplus or deficit. We understand that, as a non-profit making organization whose core objective is not to make profits but extend social benefits to your immediate environment, one […]
Sage 300 ERP Online Review & Price List
Sage 300 is a comprehensive business management solution designed to keep your total cost of ownership low by supporting multiple technologies, databases, and operating systems. Sage 300 gives you the opportunity to add users and adopt greater functionality as your business grows and offers built-in support for multiple languages and multicurrency transactions, so your business […]
Accounting Software For Shopping Mall In Nigeria
A shopping mall is a large retail complex containing a variety of stores and often restaurants and other merchandise housed in a series of a connected building. It is characterised by a constant influx of customers, parking spaces, segments where similar businesses with operating activities are cited together. For instance, in Nigeria, we have the Ikeja shopping mall […]
How To Integrate Amadeus Selling Platform To Work With QuickBooks
“Amadeus LinkHotel is a multi-GDS services company which distribute your inventory and content to the world’s global distribution systems. GDS or Global Distribution System refers to the reservation tool travel agents use when making an air, hotel, car or other travel service booking.” Source Most travel agents connect and rely on the Amadeus selling platform […]
Accounting Software For Bookstores
Reading is an age long activities we love – it helps us know more, and learn a specific subject. Do you own a bookstore or bookshop and are looking for the best bookstore inventory and management software for your business? this guide will you understand how we deployed QuickBooks to manage a client’s business, track […]
How to fix error H505 issues in QuickBooks
Sometimes this QuickBooks Errors can be confusing if you are not used to this accounting software installations and implementation processes. Two days ago, I was at a clients site to setup QuickBooks Pro in a multi-user environment where each user are in different countries and are expected to access the central data file on the […]
Buy Quickbooks In Nigeria & Kenya – Software Sales & Price
As at when I posted this article, I clocked four years in Accounting and financial software industry in Nigeria with over 100 + QuickBooks training and implementation for small, medium and large business across various industries ; Hotel, Property Management, Retail and Distribution, Financial Services, Manufacturing, Engineering and Technicals, Real Estate and Property Management, Medicals […]
Accounting Software For Accounting Firms or CPAs
In the last 3 years of implementing accounting software for small businesses, I have always been amazed when I met my clients’ auditors using a manual system to manage their audit practices; though, there is an audit software in town but how do they run the adjustments, and correct errors required to clean up accounting transactions that […]