Accounting software(most popular in canada)?

Question

Accounting software(most popular in canada)?

hi dears,

i want to know about the name of some accounting softwares and most polpular ones in canada(vancouver), and is there any website that has free tutorial for learning accounting softwares. How much knowledge an entry level acouuntant most know?

best regards.

anna

Answer 1

Accounting software is computer software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll and trial balance. It functions as an accounting information system. It may be developed in-house by the company or organization using it, may be purchased from a third party, or may be a combination of a third-party application software package with local modifications. It varies greatly in its complexity and cost.

Since the mid 1990s, the market has been undergoing considerable consolidation, with many suppliers ceasing to trade or being bought by larger groups, notably by Sage and Microsoft.

Modules

Accounting software is typically composed of various modules, different sections dealing with particular areas of accounting. Among the most common are:

    * Accounts payable—where the company enters its bills and pays money it owes

    * Accounts receivable—where the company enters money received

    * Billing—where the company produces invoices to clients/customers

    * Debt Collection—where the company tracks attempts to collect overdue bills (sometimes part of accounts receivable)

    * Expense—where employee business-related expenses are entered

    * General ledger—the company's "books"

    * Inquiries—where the company looks up information on screen without any edits or additions

    * Payroll—where the company tracks salary, wages, and related taxes

    * Reports—where the company prints out data

    * Timesheet—where professionals (such as attorneys and consultants) record time worked so that it can be billed to clients

SAP, ORACLE FINANCIALS

Answer 2

i use sI'mply accounting  its made by sage and i found it really easy to use and im just a plumber not an accountant. there are three versions basic advanced and expert and go up in price accordingly. then intuit makes quicken/quick books, i hated it  i paid allot for it, found it complicated and then, after a year i had to pay to continue using it i was pretty miffed at that.

Microsoft makes money in two versions and i found that to be too plain for my needs and a little complicated.

one other i have used in the past is made by the same people that make the invoice books and purchase order books you can buy in the local stationers i cant remember the names tho.

here is a link from my favourites.