i am working on an industrial equipment trading company and we’re planning to use an accounting software. the company just started last year… the cycle goes like this..
1) We receive INQUIRY from customer (other countries)
2) We send the inquiry to SUPPLIER and ask for PROFORMA INVOICE (another country)
3) When the supplier responds we send our PURCHASE ORDER
4) The supplier will reply w/the ORDER CONFIRMATION
5) then we will confirm then REMIT PAYMENT to the supplier
6) the supplier will send us the PACKING LIST/SHIPMENT ADVICE and an INVOICE
7) when we receive the materials we send it to another country with our INVOICE through forwarder company..
so..i hope it’s not confusing.. your help will be very much appreciated.. thanks!
-psychael
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One Comment on “what is the best accounting software for our company?”
sumbumblebee 9th March 2010
Use quickbooks. It’s not only the simplest to learn to use for those without a strong accounting background, but it can also be "overridden" so that those with a strong accounting background can make changes or prepare reports or entries by hand when the software falls short.
Not only that, but there are versions for just about every major industry with special applications for those industries, such as invoicing or inventory, for example.
Also, if your company uses a CPA or professional accountant to do complicated transactions or prepare tax returns or financial statements, almost all professionals can use quickbooks files. Not all firms have some of the other major software packages, so you’d have to print out many hundreds of pages of reports just so that the professional could use them.
Good luck! :0)