Chapter 6
Computer Options for Bookkeeping
IN THIS CHAPTER
Finding the right accounting software for your business
Getting your computerized books up and running
Some small-business owners who have been around a while still do things the old-fashioned way: They keep their books in paper journals and ledgers. In this age of technology and instant information, however, the majority of today’s business owners computerize their books.
Computerized bookkeeping is not only easier but it minimizes the chance of errors because most of the work done in a computerized system’s ledgers and journals (see Book 1, Chapters 3 and 4, respectively) involves inputting data into forms that even someone without training in accounting or bookkeeping can understand. The person entering the information doesn’t need to know whether something is a debit or credit (see Book 1, Chapter 1 for an explanation of the difference) because the computerized system takes care of everything.
Mobile accounting also is becoming popular, with major accounting software packages now available as online tools that you can access from any mobile device. Companies with multiple locations, if they purchase an online accounting software package for multiple users, can allow employees to log on from anywhere and access a central ...
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