Question: What are the three most important characteristics of a small
What are the three most important characteristics of a small business computer accounting system? Why do you think these are the most important?
Relevant QuestionsWhat are the three most important functions (think cash, accounts payable, owners' equity, etc.) that a computerized accounting system should have? Why are they the most important? Is there any advantage to making a series of budget schedules, rather than just producing a pro forma income statement and balance sheet? What are the advantages, if any? How does using the float as a cash management method differ from deliberately writing NSF checks? In what ways do the “4-C's” for borrowing differ from the requirements to be able to obtain equity capital? In what ways does accepting outside investment change the ways you manage your business?
Post your question