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Accounting Software
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When it comes to yourAccounting Softwareare you wise enough to compare?
Comments from Michael Behning: Accounting Software - Knowing Your Empire
I know a fellow who has collected every receipt for everything he's ever purchased. He can go back to old boxes from the early 1980's and find out how much he paid for pens at the local market. Sadly, this has been his accounting system to this day. He never graduated to solid Accounting Software.
Does it matter? It matters to him and he doesn't even realize it. He collects the receipts to give himself comfort that if he is ever audited he has a paper-trail burried in droors, wallets, and shoe boxes. To me it's more like scattered bread crumbs, with no system, no logic, and no true accounting. In other words, notwithstanding his obsession, he gains no security through his curious habit.
Someone else wants him to add accounting software to his system: his accountant. "You don't know your own empire," cries the accountant, "What is coming in? What is going out? Where are the investments and the savings? Do you truly believe that gathering receipts at tax time, and haphazardly reporting to the government is accounting? It is not." Accounting Software keeps the king in touch with his kingdom all the time, and enhances the value of his accountant.
If you're serious about managing the finances of your home, not to mention your business, you owe it to yourself to have powerful accounting software. Don't fear your own growth. Dive into it. Discover it. Accounting Software makes that possible, and in addition to helping your accountant, it actually makes those receipts a little more valuable.
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