In previous articles of our blog series on Choosing the Right Accounting Package for Your Company we covered:
Part 1 Questions to ask before choosing the package
Part 2 Why use an accounting package
Part 3 How much are you willing to pay for an accounting package and what type
Part 4 What features does your business require in an accounting package
Today we will consider the question:
How data is stored
You will need to investigate how the accounting package handles sales and purchase transactions:
a) What level of detail can you input on a particular customer/supplier, and how flexible is the accounting packages drill down ability
b) Can you categorise different items according to cost centre or department
c) Can you define how your accounts are allocated or are you limited to
just the interface that the software package allows
d) Can you structure the coding or order of how your assets, liabilities, income and expenditure appear
e) In essence, the more flexible the accounting software is, the more you will be able to tailor it to your business
What questions do you have?
We are happy to help. Please post your comment below or contact our friendly and knowledgeable team on 01 677 9000.
To keep in touch, connect with us on Linkedin.
If this article helped you, please share it with other businesses.