There is a vast range of accounting packages available but how can you tell which one is right for your business?

It follows that choosing the right accounting software requires knowledge of the business in question; its information/ compliance requirements and the software market. At Anne Brady McQuillans DFK, we combine our expertise in both information technology and accountancy/ business advice to ensure that the software selected is the most appropriate for your requirements. We have developed close working relations with leading software providers and are often in a position to negotiate preferential rates.

What can my accountancy package do for me?

The following are basic functions of accountancy software which significantly improve the efficiency of your day to day business:

• Generation of main financial documents such as a Profit and Loss Account, Balance Sheet and a Trial Balance. These documents can be produced for any specific period.
• Generation of financial documents along with comparative figures from previous years
• Generation of reports such as Sales and Cash Daybooks, Aged Debtors report, Purchase and Cash Daybook and Aged Creditors report.
• Reconciliation of bank accounts by allocating payments against outstanding invoices
• The ability to maintain and manage various registers and databases, for example the Fixed Assets Register and the Suppliers and Customers Databases
• The ability to facilitate repetitive tasks such as recurring transactions, printing labels, serial correspondence and printing statements for customers

Existing users of such accountancy software can also benefit from training and acquire extensive knowledge on the additional modules of the accountancy packages such as:

• planning and budgeting
• product management
• sales management
• marketing management
• project management

Training

In our experience, one-to-one on-site training tends to be the best method of training, as it is completely tailored to the specific requirements of each business. We have a team of experienced trainers, who are focused on efficient and effective training, thereby causing the least amount of disruption to your day to day operations.