Recent Articles

Accounting Software

Describes the primary difference between Peachtree by Sage and Quickbooks by Intuit accounting software packages. Illustrates a decision model to select the best software for the small business owner or operator.

QuickBooks – Best Accounting Software for Small Business

03/31/2015

For small business, there is no software to match the value QuickBooks brings to the business operation.  I used Peachtree software for 20 years and still do to this day.  But QuickBooks is by far superior in all regards in comparison to Sage [...]

Information Technology – Economic Forces at Work

12/09/2014

Have you ever wondered why technology is so expensive?  Why does the technology repairman charge more per hour than what many attorneys charge?  Why does it feel like you get nickeled and dimed to death with technology costs?   There are many [...]

Chart of Accounts – Layout

11/27/2013

The goal of accounting is to record the economic activity of the business.  This is achieved by entering each economic transaction into a set of books.  The books are formatted to reflect the balance sheet and income statement items.  The chart [...]

Create a File Structure for Accounting

01/18/2013

Creating a file structure for accounting is critical for the overall success of the business.  If properly structured, data retrieval and information access add to the overall value of the company.  This article teaches the new business owner how [...]

The Definition of Fixed Assets

01/05/2013

Any tangible item not consumed within one accounting cycle (typically a year) and providing long term utility is referred to as a Fixed Asset.  Traditional images include manufacturing equipment, tools, transportation vehicles, buildings and [...]

Choose The Right Accounting Software

11/19/2012

One of the more complicated aspects of running a business operation is the function of accounting.  The selection of the correct software to use can make all the difference in the success of the business operation.   For most small business [...]