Accounting, Accounting Software, Accounting Solutions, Bookkeeping, Online Accounting, Revenue

The Company Which makes a Revolution in Billing Industry

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CHENNAI, 2022-Oct-31 — /EPR ACCOUNTING NEWS/ — In the past, businesses kept track of their income and expenses with pen and paper. Today, there are many software programs that can do this for you. This is called “billing software.” Billing software is a type of accounting software that companies use to manage customer invoices and payments. The software can automate and streamline the billing process, saving businesses time and money. It can also help businesses keep track of their finances and customers.

It will be useful to keep track of your customers, invoices, and payments. It can also help you manage your inventory and create reports. There are many different types of billing software available, so businesses should choose the one that best fits their needs.

What is Billing Software?
With the technological advances we have today, and it is no wonder that more and more businesses are using online billing software. This type of software can save business time and money. With online billing, businesses can send invoices and receive payments electronically. This is a very convenient way to do Business, and it is also eco-friendly. With online billing software, businesses can automate their invoicing and payments. This can free up a lot of time for businesses to focus on other areas of their Business. Online billing software can also help businesses keep track of their spending and income, and it can help them manage their cash flow better. This is a valuable tool for any business owner.

Need for Billing Software:
The way businesses handle their finances has changed drastically in recent years. With the advent of technology, businesses have had to find ways to keep up with the times. One such way is by using online billing software. This type of software allows businesses to manage their finances in a more efficient and effective manner. It also eliminates the need for paper bills and statements. Online billing software is a necessity for any business that wants to stay ahead of the curve. It allows businesses to keep track of their finances and customers. It is important to choose the right billing software for your Business. The right billing software can save you time and money. There are many different types of billing software on the market. You need to find one that fits your specific business needs. Here we give the suggestions with the best of all in the market. The ECBill is the best online billing software in Chennai, and it fits any kind of Business. It is extremely user-friendly and easy to navigate. It has a wide range of features that are designed to make billing simple and efficient. ECBill integrates with a number of popular accounting software programs. Their pricing is very affordable, and they offer excellent customer support.

Why is ECBill the best Online Billing Software?

ECBill is the best online billing software for several reasons. Here we listed out few:

  • It is extremely user-friendly and easy to navigate.
  • It offers a wide range of features and options, which makes it ideal for businesses of all sizes.
  • ECBill is highly customizable, so you can tailor it to your specific business needs.
  • It integrates seamlessly with a number of popular accounting software programs, making it easy to keep track of your finances in one place.
  • ECBill offers a variety of payment options, so you can choose the one that best suits your needs.
  • It offers excellent customer support.
  • ECBill is very affordable and offers a free trial period.
  • It increases efficiency by automating the billing process.
  • It saves time by eliminating the need to generate invoices manually.

How does ECBill online Billing software assist your Business?
Billing software is a crucial part of running a business. Almost every Business, whether small or large, requires some sort of billing software to manage its invoices and payments. It allows you to keep track of your finances, invoices, and customers. There are many benefits to choosing billing software for your Business.

The software can save you time and money by automating your billing process. With all of your financial information in one place, you can easily generate invoices and track payments. This can save you hours each month. It can also help you to keep track of your customers’ payments and invoices. It can help you to manage your inventory and to create reports that can help you track your Business’s financial health. There are many different types of billing software available, so it is important to choose one that is right for your Business. It’s important to have a billing system that is efficient and effective. Here we give the best online billing software, “ECBill”, which suits all types of Business. You can automate many of the tasks associated with billing, such as creating invoices and sending payments. This can free up your time so that you can focus on other aspects of your Business. It can help you manage your finances more effectively and keep track of your spending.

This Press Release is distributed by a Digital Agency from Chennai.

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The Christian Ministry Alliance adds experienced finance and non-profit accounting executive to their Board of Directors

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Carolee Eason brings 20 years of nonprofit finance and accounting experience to the Alliance’s growing board.

Phoenix, Arizona, USA, 2021-Aug-07 — /EPR ACCOUNTING NEWS/ — The Christian Ministry Alliance announced today the appointment of Carolee Eason to the board of directors.

“I cannot be happier to welcome Carolee to our growing board of directors. Her long career in the nonprofit sector brings with it practical experience and organizational wisdom that will almost immediately bear fruit for the Alliance.”

“Finding board members that share an organizational and cultural ethos makes her addition even more meaningful.” continued Mr. Leslie. “Carolee’s long experience serving the local church, not only as member, but as a planter alongside her husband Joel, brings a rich and deepening love for the local church and related ministries we serve. This kind of history and heart is invaluable.”

Mrs. Eason currently serves as the Chief Financial Officer at Glazer Children’s Museum in Tampa, FL. As part of the senior leadership team, she is responsible for ensuring the development and achievement of the long-term strategic and financial goals. Before joining the museum in 2018, she served for fifteen years as Director of Operations and Finance for the Moffitt Cancer Center Foundation.

Carolee holds a Master’s degree in Accounting from the University of South Florida and is a member of the American Institute of Certified Public Accountants.

Along with her husband, she helped plant Bridgeway Church in 2000 and places a high priority on involvement in the activities of the church, including volunteering with the children and women’s ministries. Bridgeway focuses on outreach, missions, and discipleship.

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New Services Larry Hurt income Tax Services

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Moreno Valley, CA, USA, 2019-Mar-12 — /EPR ACCOUNTING NEWS/ — Over 49 years preparing taxes for individuals and small businesses, able to assist individuals in the cryptocurrency business with their tax preparation(s), 16 years as a Notary and 8 years as a Signing Agent.

Experienced Owner with a demonstrated history of working in the consumer services industry. Skilled in Nonprofit Organizations, Budgeting, Business Planning, Microsoft Word, and Coaching. Strong entrepreneurship professional with a Master Degree focused in Human Resources Management/Personnel Administration, General from Golden Gate University.

I also severed 23 years in the US Air Force. For 22 years as an additional duty, I severed as the Unit Non-Commission Officer Tax Representative. My job was to assist military and civilian personnel assigned to the Base, helping or completing their Tax returns and answer tax questions. During tax season, I spent 4 hours on Saturday at the Base Legal Office assisting people with their tax returns. After retiring in 1991, I continued doing taxes and opened my own business.

My tax specialties are Individuals, Small Businesses, S Corporations, Nonprofit Organizations, Tax Planning, Uber, Lyft and CryptoCurrency. Thank you.

To learn more go to https://larrykhurtincometaxservices.nicbuilder

 

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31st Edition of IRS Corporate Financial Ratios Reports U.S. Corporate Performance

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Libertyville, IL, April 12, 2016 — /EPR ACCOUNTING NEWS/ — Schonfeld & Associates offers a valuable addition to business reference resources in IRS Corporate Financial Ratios, a unique reference with saibooksinformation gleaned from over 95 thousand corporate tax returns. As a reliable information source, it can be used in many ways from gathering competitive intelligence to evaluating tax returns before filing. It is an ideal reference for CPAs, controllers, bankers, CFOs, tax lawyers, financial analysts, investment advisors and corporate planners.

The newly available 31st edition of the report contains just released information from corporate tax returns filed for the 2013 fiscal year. Of all U.S. corporations, the greatest number, 15% of the total, fell into the Professional Services sector. Within that sector, over 65% of the firms were profitable. Over all sectors, over 60% were profitable. All sectors except for real estate and holding companies had a majority of profitable firms.

One major accounting firm has used IRS Corporate Financial Ratios to develop a report to accompany delivery of the corporate tax return, which both enhances service to existing clients and can serve as the basis for additional assignments. Even the IRS, as well as some state agencies, uses it for tax and compensation audits. It may also be used in forensic accounting such as for estimating damage claims in lawsuits.

NoComps

IRS Corporate Financial Ratios is a statistical reference containing 76 key financial ratios for companies in each of over 250 NAICS industries. Based on actual tax records of the Internal Revenue Service, it is a comprehensive and authoritative source of corporate tax information and financial ratios. It is an essential book for anyone who wants to analyze tax returns in a serious way, do competitive research or perform self-audits.

IRS Corporate Financial Ratios provides clear benchmarks of financial performance. Included are: Turnover Ratios, such as inventory sales turns and inventory cost turns, Expense Percentages, Employment Percentages, such as officer compensation to PBIT, Profitability Percentages, such as gross, operating and net margin, Liquidity Ratios, such as days receivable and days payable and many more financial measures of performance.

For each industry, ratios are shown for the overall industry and for companies in four asset size classes. Within each size class, a complete set of 76 ratios is shown for both profitable companies and companies with losses. The format of the book allows comparisons so that ratios which distinguish profitable firms are immediately visible, a real aid to improving financial management.

IRS Corporate Financial Ratios is useful in developing budgets and financial plans. Besides being available in printed or PDF format, users can purchase an Excel template, IRS-CALC, with all the report data included. For any firm, tax return information can be entered, ratios calculated automatically and compared to industry norms and printed in reports.

IRS Corporate Financial Ratios includes an extensive introduction containing definitions with an explanation of how to calculate and interpret each financial ratio. A complete industry index is provided.

IRS Corporate Financial Ratios is published annually by Schonfeld & Associates based on the most current corporate tax return information available from the U.S. Internal Revenue Service. It is a unique, useful reference that belongs on the bookshelf or in the computer of every financial manager. The current 31st edition is available for $225 directly from Schonfeld & Associates, Inc., 1931 Lynn Circle, Libertyville, IL 60048. IRS-CALC, the Excel spreadsheet template, is available for an additional $100. Call for more information or to place an order at 800-205-0030. Visit the Corporate Financial Ratios area of expertise on the corporate web site where a secure order can be placed for immediate download or hard copy delivery.

Contact-Details:
Carol Greenhut,
cgreenhut@saibooks.com,
800-205-0030

 

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FullSpeed Provides Spreadsheet-like Macros in Cloud-based Accounting Apps: QuickBooks Online, Xero, and Others

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Madison, Missouri, September 26, 2014 , Most people who have used word processing software know what a macro is: a group of commands you can put together quickly to do a repetitive job, like adding blank spaces at the beginnings of several lines, or changing underlined words to italics on an entire page. Wouldn’t it be great if someday macros could apply calculations to multiple lines of data in applications like QuickBooks Online, Xero, or other cloud-based accounting software?

That day is here! FullSpeed lets you set up simple formulas in its own internal spreadsheet and applies them to data in other programs at the press of hotkey. In fact you can have multiple macros defined, each with its own unique hotkey.

What kinds of things can FullSpeed do? …calculations involving multiple columns of an invoice, column subtotals and totals, calculate discounts or freight surcharges or special taxes, autonumber lines, provide customized messages like “A discount of $123.45 is available if paid by October 15, 2014”, and a lot more. FullSpeed supports a wide range of Excel-compatible spreadsheet features such as numeric and statistical functions, IF logic, date/time functions, text manipulation, and plenty of ways to format results: currency, numeric, date/time, etc.; even the ability to display decimal amounts as fractions.

FullSpeed works in invoices, estimates, purchase orders, sales orders, bills, checks, sales receipts, grids, etc.–almost anywhere you can enter accounting data. It is compatible with any Windows-based Web browser which supports Microsoft’s UI Automation technology, such as Google Chrome, Mozilla Firefox, or Microsoft Internet Explorer. FullSpeed is not limited to browser-based apps though: it also works in some native Windows applications like QuickBooks desktop editions. (Though FullSpeed can work with a variety of application types, it has mostly been certified to work with accounting applications in this first release of the product.)

Many cloud-based accounting applications have limited space available for data or calculated results. For example, neither QuickBooks Online nor Xero currently supports custom fields in the line items area of invoices. But FullSpeed overcomes this problem in two ways:

(1) It supports storing data in the Description field of sale or purchase items, and can extract it to use in calculations. For instance, users can store a per-unit shipping weight in each item’s Description, and FullSpeed can use it to calculate the total shipping weight for an invoice.

(2) FullSpeed’s Scratchpad feature allows macros to temporarily store results of intermediate calculations, so they don’t have to be written to the target application where no space may be available to hold them.

Maybe the most unique feature of FullSpeed is that it works directly on data in the target application. Users get to see the results of calculations immediately while working in an invoice, purchase order, or other form. There’s no need to export the form’s data to do calculations in Microsoft Excel or some other program, and no need to re-import or Copy and Paste results that were calculated elsewhere.

FullSpeed is priced at $119 for a single-user license, less for multi-user licensing. FullSpeed is compatible with Microsoft Windows XP (SP3) and all later versions including Windows 7 and Windows 8.

A downloadable 30-day free trial and step-by-step examplesare are available from FullSpeed’s main Web page: http://www.goflagship.com/products/fullspeed.htm

— End —

Contact Details:

Mark Wilsdorf
Flagship Technologies, Inc.
14976 Monroe Road 1039
Madison, MO, USA

info@goflagship.com
660-291-3000

FullSpeed home page: http://www.goflagship.com/products/fullspeed.htm

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Red Wing Software Offers Accounting Software Data Transfer for New Customers

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Red Wing Software, Inc. has announced the offering of data transfer service to its new customers from non-Red Wing software accounting software applications.

Customers who are new to Red Wing Software can rest easy, knowing the Red Wing Software support team will help them through the process of bringing in their master record files from their prior system into Red Wing Software’s CenterPoint Accounting Software application. This also includes vertical applications CenterPoint Accounting for Agriculture, Nonprofits, and Municipals, and CenterPoint Payroll Software. The cost of data transfer service varies and is done at $125 per hour.

Red Wing Software’s current customers have always enjoyed the benefits of the support offered by Red Wing Software for transferring data between the company’s programs, and will continue to receive the option for this service.

For more information about Red Wing Software data transfer services or accounting software products, visit www.redwingsoftware.com, contact Red Wing Software at 800-732-9464 or e-mail info@redwingsoftware.com.

Red Wing Software, Inc., along with its nationwide network of business partners, offers industry-leading service, as well as training, on-site installation and implementation of the software. Their vision is to create the best management software experience through personal support and attention to customers’ business goals.

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FreeAgent Secures Place in GetApp Hitlist of Cloud Apps

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FreeAgent has been listed among the UK’s top business apps by a leading industry reviewer.

Comparison website GetApp, which reviews and compares thousands of the world’s best cloud apps for small businesses, has included FreeAgent in the top five in its June list of the UK’s business apps.

In addition, the cloud accounting software provider was also listed in 19th place on GetApp’s worldwide June recommendations, making it one of the coveted top 25 apps that the website suggests small businesses should consider. It scored an impressive 9/10 rating from user reviews on the site.

Ed Molyneux, CEO and co-founder of FreeAgent, said: “GetApp is a trusted name for reviewing and comparing the best apps for small businesses, so we’re delighted have been named as one of their top apps for June. The fact that we appear on their worldwide list, as well as their UK top 5, is great news and a real testament to how FreeAgent is helping to make it easier and more intuitive for small businesses and freelancers to manage their finances.

“We’re also very happy to have achieved such a high score on their site from user reviews. I’m sure we will see even higher ratings following on from our recent redesign, which had been very warmly welcomed by our users.”

About FreeAgent

Edinburgh-based independent FreeAgent has pioneered online accounting since the launch of its service in 2007. It has rapidly grown a loyal community of freelancers and small businesses, who pay either monthly or annually for access to its software offering many easy to use features.

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FreeAgent Launches iPhone App For Financial Record-Keeping

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FreeAgent has launched a unique record keeping iPhone app designed to help self-employed people and very small businesses in the UK to stay on top of their finances and tax commitments.

FreeAgent, a leading online accounting software provider, has developed the app – called Earnest – after being tasked by HM Revenue & Customs to create a free resource allowing self-employed workers and very small businesses across the country to keep track of their income and expenses and estimate the amount of tax that they owe.

Under HMRC guidelines, many micro-business owners and self-employed people only have to file three-line accounts: recording income, expenditure and profit for the year. However, many of these people still find it difficult to manage their accounts – which prompted HMRC to request software companies to develop an app that would provide assistance.

FreeAgent has designed Earnest to be an easy-to-use, intuitive app that provides very small business owners with simple information and record-keeping functions that they require. Currently available to download in the iTunes App Store, Earnest enables users to easily track their income and expenses on their iPhone, and it is the only free app currently available under the HMRC initiative that also forecasts their tax commitments.

Ed Molyneux, CEO and co-founder of FreeAgent, said: “HMRC challenged the software industry to create an easy-to-use-app that would help self-employed people and very small businesses keep track of their finances, and we’ve designed Earnest to do exactly that. It’s a simple, intuitive app that lets them monitor their cash flow, input expenses and see how much tax is owed – and we think it’s going to be an invaluable tool for small business record-keeping.

“Our hope is that very small businesses will receive the support they require from Earnest – and as they grow and start to require more in-depth features for their finances, their experience with the app will encourage them to ‘trade up’ to use FreeAgent. We’re essentially trying to create a hassle-free journey that small and early-stage businesses can follow when it comes to managing their finances and bookkeeping.”

The Earnest app enables users to:
– Record income and expenses
– See their bottom line profit or loss
– Get estimates on how much tax they owe
– See upcoming tax deadlines and dates with a “Tax To-do” list
– Capture and store image receipts using their iPhone camera
– Create alerts to remind them of important tax dates and as they near the VAT Threshold
– Categorise transactions by payment method
– Record cash and non-cash transactions
– Add notes to entries
– Record CIS deductions made on income
– Back up their data by email

More information about Earnest can be found on the website www.earnestapp.com or by visiting the iTunes App Store.

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Attraction World Chooses Access Dimensions To Handle High Volume Business Transactions

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Attraction World, the leading supplier of attraction tickets to travel agents in the UK, has chosen an accounts system and document management software from Access to help it manage its high volume transaction business. The ambitious company, which was established in 2006, will see a turnover of £63m this year and expects this to rise to £90m by 2014.

Deborah Spence, financial director for Birmingham-based Attraction World, commented, “We’re processing more than half a million transactions each year and we’re expecting this to grow significantly. The business needs a robust solution that can easily process such huge volumes and will integrate with our bespoke front-end travel system, incorporating the latest e-ticket technology. “Access Dimensions will provide us with an accurate, central reporting system to help automate processes and reduce the time taken to produce monthly Board packs. It will cut rekeying of information and duplication of effort, helping us to reconcile data between the finance and travel systems.”

Attraction World, which employs 45 staff, currently has a bespoke travel system which the in-house team will integrate with Access Dimensions. Longer term, the company will look to use Access’ Dashboard solution to manage and monitor KPI’s more effectively.

Attraction World is one of the world’s leading theme park and attraction ticket specialists. It supplies product to many of the world’s leading travel brands including Thomas Cook and Thomson Holidays. Since it started in 2006, Attraction World has enabled more than two million customers to pre-book attractions in more than 40 countries worldwide. This includes everything from Alton Towers and Warwick Castle to magical trips to Walt Disney World Resort in Florida and desert adventures in Dubai.

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ManagePLUS Goldâ„¢ lets QuickBooks Users Allocate Overhead Expense with Drag-and-Drop Ease…and Spreadsheet Accuracy

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The new release of ManagePLUS Goldâ„¢ for QuickBooks, from Flagship Technologies, Inc. (www.goflagship.com) lets users allocate expense from cost- and support-center classes and accounts to profit center classes, using a visual drag-and-drop approach.

Many businesses and nonprofit organizations use the classes feature of QuickBooks to track revenue and expense for the departments or activities of the organization—its cost centers, support centers, and profit centers, such as Office and Administration, Packing & Shipping, or Manufacturing. They set up classes to represent these, and apply those classes when entering transactions to identify income and expense with specific departments or activities.

This is all part of a cost accounting technique known as activity-based costing (ABC), the goal of which is to determine whether each income-producing area of the business—each profit center—is profitable. To get this done, the “overhead” expense accumulated for the organization’s cost centers must be allocated among profit centers on some reasonable basis.

Using QuickBooks by itself, allocation is anything but simple. It requires making journal entries or using “zero-dollar checks”, and there’s no way to automate the calculations involved. In fact, most users export transaction totals from QuickBooks to a spreadsheet, do the allocation calculations there, then manually enter the results as journal entries in QuickBooks. The entire process is difficult and offers plenty of opportunities for making errors.

ManagePLUS Gold overcomes all of these problems. With a couple mouse clicks, it retrieves transactions from QuickBooks and totals the amounts available for allocation from each class to other classes. Users then build allocation formulas visually by dragging a class onto the other classes to which it will be allocated. (The allocation formulas can be re-used in subsequent accounting periods, so the job is even faster and easier the next time.)

Because accuracy is just as important as ease of use, ManagePLUS Gold supports allocation based on “management quantities” the user has associated with individual classes, as well as on a percentage basis. Management quantities can be any physical or dollar amount related to the activity–things like labor hours, tons/gallons/bushels produced, miles driven, dollars of direct expense, etc. The result is spreadsheet-like allocation capability but without building spreadsheet formulas, exporting accounting data, or making journal entries.

Once allocations have been built, with a couple more mouse clicks the user can prepare a profit and loss report for any class, showing direct revenue and expense as well as the amounts that have been allocated to it.

But that’s not all. The new version 3.1 of ManagePLUS Gold adds the ability to send allocation transactions to QuickBooks, with a single click of the mouse. So now users can choose whether to get class profitability reports in ManagePLUS Gold or in QuickBooks, and have the option of doing anything with the allocation journal entries that they can do with other QuickBooks transactions—create customized reports, export them, include them in backups, etc.

Allocation capabilities are the “tip of the iceberg” with respect to ManagePLUS Gold’s features. Here’s a few of the other things it does:

– Lets users associate “extra” data with accounts and classes, and manages that data separately for each accounting period.

– Uses the “extra” data to automatically add management information and per-unit statistics to reports—things like average cost per unit of sales or per unit of production for each class.

– Provides advanced quantity handling and storage in QuickBooks transactions by supporting entry of two quantities per transaction, such as the weight and count of items bought or sold.

– Provides specialized reporting capabilities for the two-quantities feature, including automatic statistics like weight per each, count per weight, cost per weight (pound/ton/etc.), and cost per each.

– Supports advanced, automatic unit of measure labeling on reports.

ManagePLUS Gold sells for $149 per single-user license and is compatible with Microsoft Windows versions of the Pro, Premier, and Enterprise editions of QuickBooks, 2004 and later, including U.S., UK, and Canadian releases. A 30-day free trial is available to download from the product’s Web page: http://www.goflagshipcom/products/mphome.htm.

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ManagePLUS Goldâ„¢ for QuickBooks Supports Farm and Ranch Enterprise Accounting

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QuickBooks accounting software is popular with farmers and ranchers because it offers a lot of power and flexibility, while being easy to use and having wide support among CPAs, tax preparers, extension educators, and other professionals.

The classes feature of QuickBooks is popular in agriculture too, because it allows tagging income and expense transactions as belonging to specific departments or enterprises within the farm or ranch business: fertilizer for the Corn class, mineral supplement for the Beef Cow class, combine fuel for the Harvest Services class, feed mill repairs for the Feed Processing class, and so on–often referred to as cost centers and profit centers. Using classes in this way is part of a cost accounting technique known as activity-based costing (ABC), the main goal of which is to isolate the income and expenses associated with major activities of the business, to determine whether each income-producing activity—each profit center—is profitable.

For ABC to yield useful management information, the expenses accumulated for cost centers (often referred to as “overhead”) must be allocated among profit centers on some reasonable basis. For example, expenses of the Harvest Services class would be allocated among the profit center classes in which Harvest Services get used: the farm’s crops, like Corn, Soybeans, and Wheat.

Using QuickBooks by itself, allocating expense to several classes is anything but simple. It requires making journal entries or using “zero-dollar checks”, and there’s no way to automate the calculations involved. In fact, most users export transaction totals from QuickBooks to a spreadsheet, do the allocation calculations there, then manually enter the results as journal entries in QuickBooks. The entire process is difficult and offers lots of opportunities for making errors.

ManagePLUS Gold, from Flagship Technologies, Inc. (www.goflagship.com) overcomes all of these problems. With a couple mouse clicks, it retrieves transactions from QuickBooks and totals the amounts available for allocation from each class to other classes. Users then build allocation formulas visually by dragging a class onto the other classes to which it will be allocated. (The allocation formulas can be re-used in subsequent accounting periods, so the job is even faster and easier the next time.)

Once allocations have been built, with a couple more mouse clicks the user can prepare a profit and loss report for any class, showing direct revenue and expense as well as allocated amounts. For example, a profit and loss report for the Corn class would include the amounts allocated to it from Harvest Services and from other cost centers.

But that’s not all. The new version 3.1 of ManagePLUS Gold adds the ability to send allocation transactions to QuickBooks with a single click of the mouse. So now users can choose whether to get class profitability reports in ManagePLUS Gold or in QuickBooks, and have the option of doing anything with the allocation journal entries that they can do with other QuickBooks transactions—create customized reports, export them, include them in backups, etc.

Allocation capabilities are the “tip of the iceberg” concerning ManagePLUS Gold features that are used in farm and ranch businesses. Here are some of the other things it does:

    – Provides advanced quantity handling for QuickBooks transactions, by supporting entry of two quantities per transaction, such as the weight and count of livestock bought or sold.

    – Provides specialized reporting capabilities for the two-quantities feature, including automatic statistics like average weight per head, average price per pound, average price per head, and so on.

    – Supports advanced, automatic unit of measure labeling on reports.

    – Lets users associate “extra” data with accounts and classes, such as crop acreage, bushels harvested, or the number of head of livestock involved, and manages that data separately for each accounting period.

    -Uses this “extra” data to automatically add management information and per-unit statistics to reports—things like average herbicide and fertilizer cost per acre, average feed cost per head of livestock, and other per-unit management factors.

ManagePLUS Gold for QuickBooks sells for $149 per single-user license and is compatible with Microsoft Windows versions of the Pro, Premier, and Enterprise editions of QuickBooks, 2004 and later, including U.S., UK, and Canadian releases.

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FormCalc Does Spreadsheet-like Calculations on QuickBooks Invoices, Estimates, Purchase Orders and More

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For almost as long as QuickBooks has been on the market, QuickBooks users have wanted for the ability to have across-column calculations and column totals on Invoices, Estimates, Purchase Orders and other forms. FormCalc for QuickBooks, from Flagship Technologies, Inc. (www.goflagship.com), is now available to fill that need.

FormCalc lets users set up calculations which add, subtract, multiply, or divide numbers in two columns and put the result in a third column; or do math on two columns and multiply the result by another numeric value before writing it to a third column; or display a count of unique items in a column, in the Description field of any line; or provide column subtotals or totals.

The user controls where column subtotals and totals appear by identifying certain QuickBooks Items as “trigger items”. When FormCalc encounters a line containing a trigger item, it puts the column subtotal or total on that line.

Users can define any number of calculations to apply to various columns on a form, and apply all of them at once by pressing a hotkey. Also, users can define as many as ten sets of calculations. So if different calculations are needed on Invoices and on Purchase Orders, a separate set of calculations can be defined for each.

Maybe the most unique thing about FormCalc is that it works directly on the QuickBooks form, in real time, so users immediately get to see the results of calculations before saving or printing the form. There’s no need for a separate step of exporting the form’s data to do calculations outside of QuickBooks, then re-importing the data again.

What kinds of things are FormCalc users doing with it? They are calculating per-item and total shipping weights for Invoices, totaling estimated labor requirements on job Estimates, calculating board feet for lumber pricing on Invoices, showing prices in two different currencies, totaling invoiced alcohol sales quantities to meet requirements for liquor taxation record keeping, totaling the number of shirts of each size (S, M, L, XL) on an Invoice, and much more.

FormCalc for QuickBooks is priced at $99 for a single-user license, with lower per-license pricing for multi-user licenses. FormCalc is compatible with Microsoft Windows versions of all QuickBooks editions (Simple Start, Basic, Pro, Premier, Enterprise, etc.), and also with all international editions (U.S., UK, Canadian, and Australian).

Via EPR Network
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How to Print a W-2 Form – YouTube Video

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W2 and 1099 software provider, Halfpricesoft.com, just released a new YouTube video “How to Print a W-2 Form” for small business owners and HR managers who are facing the Jan 31  tax forms mailing deadline. The Video teaches users how to prepare and print W-2 forms themselves step by step with ezW2 software.  User can view this video at https://www.youtube.com/watch?v=_ovH2ug5XkM

Founded in 2003, Halfpricesoft.com has established itself as a leader in meeting the software needs of small businesses around the world with its payroll software, employee time tracking software, check printing software, w2 software and 1099 software. It continues to grow with its philosophy that small business owners need affordable, user friendly, super simple, and totally risk-free software.

“Small business owners shouldn’t be spending hour after hour setting up and learning to use payroll tax software,” said Halfpricesoft.com founder Dr. Ge. “We designed ezW2 to be powerful, yet simple, so anyone can use it, and ezW2 2011 is the most easy-to-use version to date.”

ezW2 software supports forms W2, W3, 1099-misc and 1096. It can print the SSA-approved laser substitute forms of W-2 Copy A and W-3 on white paper. So with ezW2, users will not need to order the expensive red-forms for W-2 return.

Available from just $39 per installation, ezW2 software has remained at that affordable price since its initial release in 2006. Equipped with an intuitive graphical user interface, the W-2 and 1099-misc printing software is designed to be easy to use even for people without an accounting background or with little computer experience.

EzW2 is compatible with Windows 7 system, 32-bit or 64-bit. It can run on Windows XP, Me, 2003, Vista system or MAC machines installed with Virtual Machine or Parallel . Customers can download this W2 and 1099 application online at http://www.halfpricesoft.com/w2-software-free-download.asp and sample the software without charge or obligation, allowing them to thoroughly test drive ezW2 before purchasing.

For more information about ezW2 and Halfpricesoft.com, please check this 1099 & w2 software at http://www.halfpricesoft.com/w2_software.asp.

Via EPR Network
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The New Year Brings New Work for Umbrella Company Contractors

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The umbrella company sector in the UK is celebrating after recent industry research revealed that contractors could soon see an increase in demand for their services. The news, which was revealed in The Recruitment and Employment Confederation’s (REC) Report in Jobs for December 2011 revealed a fall in the amount of permanent appointments that month. This information comes less than a month after the umbrella company Tarpon predicted that 2012 would be a very positive year for those in the umbrella company industry.

A spokesperson for Tarpon comments: “In December 2011, we announced that we believe that the new year would bring in a lot more opportunities for umbrella companies and their contractors, because of the addition of an extra £1 billion injection in the Regional Growth Fund (RGF), and so the REC’s report is really a fantastic indicator for both umbrella companies and contractors over the next 12 months.”

According to the REC, temporary billings also fell slightly last month, marking the first time they have decreased since July 2009. This news, combined with the decline in the number of permanent appointments falling in December 2011, and the recent announcement by the Royal Bank of Scotland that revealed that the Scottish business also grew in December, means that employers will be relying on umbrella company contractors and their services over the coming months.

The spokesperson for Tarpon continues: “Obviously, as an umbrella company the news that there has been increased growth in certain business sectors and therefore, the possibility of increased demand for our services is really fantastic to hear, especially at the beginning of the new year. While we did say that we believed that 2012 would be the year that more businesses and individuals would look to umbrella companies and their contractors for reliable, high-value and excellent service, it’s still an absolute delight to see that our prediction appears to be coming true that at the very beginning of the new year.”

About Tarpon:
Tarpon is an umbrella company specialising in contractor tax efficiency, enabling contractors to maximise their income and streamline their admin.

Via EPR Network
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Anthony Citrolo Elected Executive Vice President & Director of The Long Island Chapter Of The Accountant/Attorney Networking Group Inc. (AANG)

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It has been announced today that, Anthony Citrolo, CPA, CVA, CMAA, CBI has been elected as the 2012 Executive Vice President and Director of the Long Island Chapter of the Accountant/Attorneys Networking Group Inc. (AANG)

The Accountant/Attorney Networking Group is comprised solely of practicing accountants and practicing attorneys who service multiple clients. The purpose of the group is to facilitate networking between and among attorneys and accountants – two professions that have enormous synergy and potential for cross referrals. AANG offers 12 monthly networking breakfast meetings exclusively for accountants and attorneys. AANG also hosts two major networking cocktail receptions open to all professionals. The organizations’ web site is www.aangny.org

According to Mr. Citrolo a Managing Partner of M&A firm NYBB/Reliance Strategies, “the AANG creates a great platform for Accountants and Attorneys to meet and share information and ideas that can be used to bring cutting edge financial and legal solution to business owners or entrepreneurs engaged in a business sale or acquisition. Further Mr. Citrolo adds, “since Accountants and Attorneys are key players of the deal team that representbusiness buyers and sellers, the coordination of their efforts can result in lowering the fees incurred in the transaction and giving the deal the best chance of being consummated.”

About NYBB/Reliance

NYBB/Reliance Strategies is a full-service Merger & Acquisition firm in Melville, New York assisting companies with up to $50M in revenue to develop an exit strategy or make a targeted acquisition. In addition to M&A and consulting services, NYBB/Reliance offers valuation services in determining both Business and Transaction Values. Anthony can be reached at 631.390.9650 or anthony@nybbinc.com.

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1099 Preparation Software targeting 2011 Tax Forms Released by WorldSharp for $89

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WorldSharp Technologies, Inc. today announced the availability of the 2011 version of the WorldSharp 1099 Preparation System. It is shipping with the new form changes and the IRS electronic reporting and correction specifications for 2011. Forms and corrections for past years all the way back to 1995 may also be processed.

The system now has even easier importing capabilities. When ordered, the software can be downloaded or shipped on CD. Items can be entered using two different modes of data entry or the data can be imported from files of other computer applications or spreadsheets. The WorldSharp customer support staff is available to help customers import their data and electronically file their returns. WorldSharp also provides the optional service to print, mail and e-file for their customers.

Printing can be on pre-printed forms or blank paper. The system can print the form with the data and e-file, so there is no need to purchase forms. The system prints and electronically reports 1098, 1098-C, 1098-E, 1098-T, 1099-A, 1099-B, 1099-C, 1099-CAP, 1099-DIV, 1099-G, 1099-H, 1099-INT, 1099-LTC, 1099-MISC, 1099-OID, 1099-PATR, 1099-R, 1099-S, 1099-SA, 3921, 3922, 5498, 5498-ESA, 5498-SA, W-2G and optionally 1042-S forms.

Bobby Anderson, president of WorldSharp Technologies said that in the past, the system has been primarily used by banks and financial institutions, which is WorldSharp’s main marketing focus. However, in order to make the quality software package available to small businesses and companies in other industries, WorldSharp lowered the price from $500 to $89.95. A 2-license version is $159.95 and a 10-license version is $249.95. Many vendors charge extra for electronic reporting. So, WorldSharp decided to provide its Premium Package which includes all of the forms (except 1042-S) and electronic reporting without additional charges. A system which includes 1042-S support is available for $189.95.

Unlike other systems, the WorldSharp 1099 Preparation System allows users to process any kind of 1099 form and has no restrictions on the number of forms processed or the number of companies processed.

For additional information about the 2011 version of the WorldSharp 1099 Preparation System, contact customer support at (575) 445-2504 or visit http://www.WorldSharp1099Software.com. Inquires may also be addressed to info@worldsharp.com.

Via EPR Network
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CPA Site Solutions Found Success with Innovative Methods for Email Marketing System Rebuild

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CPA Site Solutions, a provider of CPA websites for accountants, announced they recently redeveloped their proprietary Email Marketing System using new architecture, methodology, and coding standards.

CodeIgniter Cut Down on Time Spent Coding

The niche web developer opted to use CodeIgniter for the system’s architecture.

“We evaluated several frameworks for PHP web application development. Many of them could have worked, but they really tried to lock you in to their way of doing things,” explains Bob Rayl, Chief Technology Officer at CPA Site Solutions. “They did not offer the flexibility we need to accomplish some of the heavily proprietary functionality we bundle into our systems.”

CodeIgniter is an Application Development Framework for PHP developers. It provides a rich set of libraries for commonly needed tasks. CodeIgniter considerably trimmed the hours developers spent writing tedious code. And because the code comes secured and optimized out of the box, the team saved additional time and resources on those tasks.

The team chose NetBeans, an integrated development environment (IDE), for their new interface.

Localized Server Streamlined Testing and QA

The tech team at CPA Site Solutions chose to use a localized server for code development and testing on which they could “step-through” their code line by line as it was running on an isolated test environment. This enabled them to catch bugs early in the development cycle, resulting in less end-of-development quality assurance.

The team could also access a step-by-step history of the code, quickly leading them to the cause of any new bugs. And with a roll-back function in place, they could return to a previous working version if problematic code reached the production environment.

Finally, the localized server allowed multiple developers to work on the same project without having to trade entire copies of the code. Each developer simply located the latest version from the server to be in sync with other team members. They could also test small bits of code on their own working area of the server, so their testing and QA didn’t slow down the rest of the team.

New Coding Practices Increased Team Efficiency

For the application rebuild, CPA Site Solutions wrote object-oriented, reusable code that extends the basic functionality of CodeIgniter. They also wrote libraries that sit in a separate website but deliver programmatic data to their CodeIgniter applications. For example, getting a firm’s domain information will never need to be written into any given application again; it’s now served via a service the team created and centralized.

About CPA Site Solutions

CPA Site Solutions (http://www.cpasitesolutions.com) provides websites for more than 5,000 CPA and Accounting firms. They offer personalized websites, a dedicated webmaster, a secure client portal, a client newsletter, secure email accounts, search engine optimization, and 109 additional website features designed specifically for Accountants.

Via EPR Network
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UK Tax Investigations On The Increase

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HM Revenue & Customs (HMRC) is under huge pressure to increase tax receipts and reduce tax leakage. As a result, HMRC has a growing appetite for launching investigations where it considers there is a reasonable possibility of collecting under-declared tax.

Intensive bursts of compliance activity are targeting business sectors considered to be high risk, and HMRC is sharing information internally more effectively than ever before, thus increasing its chances of identifying potential anomalies in taxpayers’ affairs. “The tax authority has created dedicated common interest teams, such as a unit focused on high net worth individuals and offices which deal exclusively with large businesses,” explains Valerie Watson, Moore Stephens tax partner who has assisted many clients on tax investigations. “Non-domiciled individuals taxed on the remittance basis are now handled by one tax district, again enabling easier cross-referencing and sharing of information.”

Tax inspectors may also be making use of new media, such as the internet, to identify individuals with valuable assets (such as holiday properties that are being let out for income) or undeclared profits (for example, from trading through internet auction sites).

New information sharing agreements between national tax authorities are also having an impact. Following the Tax Information Exchange Agreement between Liechtenstein and HMRC, the details of UK-resident taxpayers who hold accounts or assets in Liechtenstein will be passed to HMRC. “This goes hand-in-hand with the Liechtenstein Disclosure Facility”, says Valerie, “which provides an opportunity for UK taxpayers to declare any unpaid tax voluntarily in exchange for reduced penalties and immunity from prosecution.”

Another notable example that reflects the changing times is the agreement reached between the UK and Switzerland whereby the Swiss banks will levy withholding tax on UK taxpayers’ bank accounts held in Switzerland and pass the sums concerned to HMRC via the Swiss tax authorities. They will do so without identifying any taxpayers, but this nevertheless represents a marked change in attitude by the Swiss Finance Department.

Specific events can also trigger tax investigations, as Valerie explains: “HMRC is currently investigating approximately 500 UK-resident holders of HSBC accounts in Switzerland, using data passed on by an ex-employee. HMRC has been using this data to open Code of Practice 9 investigations – which relate to cases of suspected serious fraud – without apparently screening to check whether taxpayers have already made appropriate disclosures. HMRC’s new Offshore Coordination Unit has started contacting the remaining account holders to offer them the opportunity to make a disclosure.”

This highlights the fact that individuals and businesses can find themselves subject to a tax investigation without there necessarily being any actual wrongdoing. However, given the complexity of the current tax system and the scope for differences of interpretation, any detailed HMRC investigation stands a reasonable chance of finding some element of under-declared tax somewhere in the affairs of an individual or a business.

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CPA Site Solutions Named to Inc. 5000 for Second Consecutive Year

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CPA Site Solutions, a provider of CPA websites for accountants, was named to the prestigious 2011 Inc. 5000 list, a compendium of the fastest growing private companies in America, for the second consecutive year.

“Earning a place on this list for a second time is a tremendous honor,” comments Brian O’Connell, President of CPA Site Solutions. “And, again, I have the company’s dedicated team of webmasters, designers, and SEO specialists to thank,” O’Connell adds.

The $3 million company received a rank of 1736 out of 5,000 companies and achieved a three-year growth rate of 154%. In 2010, CPA Site Solutions was no. 1313 on the list with a three-year growth rate of 223%. The company has grown from 16 employees in 2010 to 19 employees in 2011.

Of the 10 Vermont businesses that were honored on this year’s Inc. 5000, CPA Site Solutions earned the 2nd spot. It is the only honored Vermont company in IT Services.

O’Connell Attributes Success to Management Principle

CPA Site Solutions’s steady growth is a result of how successfully the staff has embraced systems, says O’Connell. Creating systems means developing a particular process for completing tasks so they can be performed identically in the future.

Specifically, all team members document the process they used to complete a facet of their work. The company keeps an online wiki, and each team member is responsible for updating the living document as the systems evolve.

Sections of the wiki include Training New Members, Social Media, and Handling Client Frustrations.

“I highly recommend adopting a systems approach for any business,” comments O’Connell. “With a tested system in place, the team can focus on completing their job quickly and making regular improvements, rather than putting out fires. Having a system in place actually prevents most fires!”

“I firmly believe this is the best way to grow a business,” adds O’Connell.

The Inc. 5000 Distinction

The Inc. 500|5000 list, Inc. magazine’s annual ranking of the fastest growing private companies in America, represents the most comprehensive look at the most important segment of the economy: America’s independent entrepreneurs. CPA Site Solutions joins Spirit Airlines, television maker Vizio, Honest Tea, and Dunkin Donuts as honorees on this year’s list.

In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94%. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.

“Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. magazine Editor Jane Berentson.

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EzPaycheck Payroll Software Makes It Easier to Start Computerized Payroll For Small Business

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Changing from running payroll by hand to computerized payroll can be quick and painless. Small business-focused payroll software developer Halfpricesoft.com announced the launch of new improved ezPaycheck payroll software and small business owners can get a free, 30-day trial by downloading ezPaycheck software from http://www.halfpricesoft.com/payroll_software

This trial version contains all of the features and functions of the full version, except tax form printing, allowing customers to thoroughly test drive the product. Once customers are satisfied that ezPaycheck 2011 will meet their needs, a license key can be purchased for $89 per installation to activate the software for unlimited use.

“No two small businesses or non-profits are exactly the same. They all have different needs and requirements,” Dr. Ge said. “ ezPaycheck payroll software is so flexible that it easy manages any combination of incomes, deductions, taxes and benefits, even commission payments, restaurant tips, local special taxes, and churches and non-profits.We hope this 30-day free test drive will open ezPaycheck payroll software to more small businesses.”

ezPaycheck payroll software is loaded with intelligent, intuitive features, but not burdened by complicated suites of expensive applications small businesses will never use or need. The software is ideal for owners of small to mid-sized businesses, and was designed and engineered for ease-of-use by those who have only basic computer skills and little accounting know-how.

Despite its simplicity and ease of use, business owners should not mistakenly think ezPaycheck 2011 is short on features. ezPaycheck 2011 is packed with all the features a small business needs to run payroll quickly and easily, including:

– Prints payroll checks on blank computer checks or preprinted checks.

– Automatically calculates Federal Withholding Tax, Social Security, Medicare Tax and Employer Unemployment Taxes.

-Includes built-in tax tables for all 50 states and the District of Columbia.

– Creates and maintains payrolls for multiple companies, and does it simultaneously.

– Supports Daily, Weekly, Biweekly, Semi-monthly and Monthly payroll periods. Features Report Functions, Print Functions, and Pay Stub Functions.

– Support tax forms W2, W3, 940 and 941.

Priced at just $89 per installation, ezPaycheck payroll software is affordable for any size business. Small Businesses looking for ways to save money on payroll processing and tax reporting can try out ezPaycheck payroll solution free for 30 days from http://www.halfpricesoft.com/index.asp, with no obligation and risk.

To get more information about how halfpricesoft.com and ezPaycheck payroll software are helping small businesses achieve a faster and easier method of handling their payroll needs, visit the site at: http://www.halfpricesoft.com/index.asp.

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