Accounting Focus, Inc. 770-419-1775
Foundation to Grow Your Business
Making Accounting Software Work For YOU
Accounting software is designed to process financial transactions from all areas of a business and to combine them
automatically into financial reports.
Accounting software, such as QuickBooks, has become very user friendly. It makes bookkeeping entries easy, and
provides a wide variety of financial reports. The links between these entries and the reported results are not immediately
transparent. For this reason, we recommend you utilize an accounting professional to set up the software and to teach
you how to use it for your business.
This will ensure that the chart of accounts is customized to meet the particular requirements of your business, and that
your preferences for processing transactions, classifying products, and tracking results are integrated in the system.
Hands-on training will ensure that you know how to enter transactions and how they impact your finanical statements.
You will also learn to generate reports that are meaningful for your business.
New Accounting Software
Accounting Focus can assist you with the selection of accounting software that is suitable for your business. Common
programs for small to mid-size companies are QuickBooks, Microsoft Office Small Business Accounting, Peachtree,
and Sage BusinessWorks. It is important to know whether or not the accounting software is integrated with other
business applications already in use by the business. For manufacturing firms, it is most important to evaluate the
software's functionality related to inventory, job costing and warehousing.
Existing Accounting Software
If you are already using a software accounting system, we will examine your system to determine if transactions have
been recorded correctly and in full. If bank reconciliations have not been done regularly, we will go back to complete them
as this is an excellent way to ensure that all transactions have been recorded. We will test invoices, bills, items, etc. to
make sure that they are mapped to the correct accounts on the financial statements. We will run periodic reports and
discuss them with the business owner to confirm that the information shown makes sense.
As necessary, Accounting Focus will work to "repair" the existing accounting system and teach you how to post
transactions correctly going forward. We will show you how to customize reports and explain other financial analysis
tools that are available in your accounting software.