Personal Financial S/W
04-Sep-93 10:51:32
Sb: #112723-Personal Financial S/W
Fm: RICHARD BOOMSMA 73162,256
To: Andrew Porter 72134,2050
Andrew,
I'ts Rich, not Bill. :^) I replied to Bill's post because it was easier.
Glad you got the message, anyway.
I run a small corporation (about 12 employees) and have been using "The
Accountant" by KFS software since 1991. Although not very familiar with
any other accounting packages out there, I can tell you that this one has
done very well for me.
The Accountant is a simple, user-friendy, double-entry accounting system.
By double-entry, that means for every transaction you debit one account
and credit another (debit cash, credit sales, credit cash, debit
expenses…etc.) of course this is done automaticaly depending on how your
system is set up. BTW, your personal acccountant would MUCH prefer you to
have a double-entry system, I'm sure.
The General Ledger has 3-digit account numbers, so it's not meant to used
in a larger company that keeps track of every little thing. You can
usually tell what type of business an accounting program is meant for my
the # of digits in the GL account numbers. A program with 6 or 9 is going
to be very powerful, complicated and expensive.
When talking about accounting software, you'll hear about "modules"
(Accounts Receivable, Accounts Payable, General Ledger, Payroll) some
programs sell them seperately, others individually (usually the upper end
systems). The Accountant has all four modules built-in plus a
"point-of-sale" (cash register) module. They are all integtrated and swap
information.
Since I purchased the system in 1991, I have no idea if KFS Software even
still exits. However, at the beginning, when I needed tech support they
were there. The program is so good I haven't needed suuport for the last
two years.
As with most double-entry accounting programs, this one assumes at least a
basic knowledge of accounting. I believe you'll find that true with any
business accounting software. If you have absolutely no experience with
business accounting, it would probably be best to ask your accountant what
to do and let him do the work. Then again, you could always take a night
class :^)
The last info I have on KFS Software is:
Ben Kirby – 916-824-2944
Good Luck,
Rich – Flying the friendly AP skys