Hi CD's
I want to get an entry level job in accounting / book-keeping. For this I will require some knowldge of canadian accounting softwares.
Which One should I learn?? Quickbooks or Simply Accounting.
Which has better prospectus for job?
What are the main differneces between these two?
I hope that some experienced accounting person will be able to provide detailed answers, so that many other CDs could benefit.
Thanks
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Enjoy Happiness -- Happy from India
I have used Quick books. They were available through many a banka at one time and they have helped me set up and integrate my accounts etc., and they are fungible with some of the banking activities if they will show you how.
Quick books is more for business owners to manage 'their own stuff'. Simply accounting is more of a package that an accountant or larger business might use. Most of the accountants who make a living use this and some will even provide you with a free copy to use on your computers. They do the accounting services for you with this software. It's probably technically a better system, but quick books is likely to be more intuitive and easier to use. For example, quick books will let you delete a screwed up entry. It's possible that simply accounting won't let you do that, you'll have to enter a reversal entry. Accounting softwares are odd that way, they don't want entries deleted.
Your accountant is also likely to have current copies of Quick books to read your data files. {Once in a while it will be advisable to avail the auditing services of an accountant, but just give him a copy of your accounts to read your data files if you have not thought about the services of one.} He will be able to produce pretty much every type of report your might want to generate. Also he will help you with expansion of your business and help you with business loans with the submissions to the bank with business plans.
For an initial start up, skip the spreadsheet option as you are just starting out. Quick books, once you get the hang of it should be quicker to operate. Plus it'll do stuff like give you tax reports (for when you're submitting PST/GST to the gov), sales, outstanding invoices, and so on.
Quick books Pro with the payroll feature is simply awesome. My acctt uses simply accounting but at year end i just print out a general ledger for her and all is well.
There are a few libraries that do hold classes from time to time. Contact QB for their local help and services and the locations where they hold them if not in a local library.
Good Luck with your own attempts at the accounting systems.
Hope this helps you a little.
Freddie.
You should use online accounting service. Online accounting service facilitates you to produce more work, connect more customers, and grow your business. Availing bookkeeping and financial accounting services assists you to increase a competitive benefit over your competitors.
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