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| QuickBooks 8.0 | ||
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Comprehensive Business and |
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Designed especially for small and medium businesses with double entry accounting needs, QuickBooks is GST Easy, to simplify the management of the GST in your business. |
| QuickBooks' GST management technology, plus the simple set-up and ease of use, sets the product apart from the rest. Getting started and then using QuickBooks on a day-to-day basis is easy, with simple navigation, lay out and easy to use features. QuickBooks offers the ability to tailor the product more specifically to your requirements, such as choosing cash only or accrual double entry accounting. |
| For trouble-free tax management and reporting, QuickBooks will also code each and every transaction you made, making it the quickest and easiest way to manage the new taxation system. Your accounting and cash flow management will be made more efficient by showing exactly what you owe, to whom and when. QuickBooks will also keep track of your company's bank balances, loans and other finances, calculate charges on overdue payments, monitor unpaid bills, write and print cheques and manage inventory. Productivity gains will be augmented with up to 79 different financial graphs and reports, providing access to the financial status of your business at any time. |
| Online Backup* |
| This feature gives the users the ability to backup their QuickBooks data files online. The QuickBooks backup file is simply transferred over the Internet to a secure offsite location. |
| A regular and secure back up regime is important for any business with financial and management data. Secure Offsite Data Storage is used by large corporations to protect their companies business data, and ensure directors and management meet any legal obligations. |
| A recommended back up regime would utilise several data storage choices. Adding offsite storage to your business can help you: |
| Save time | |
| Easily manage backups to ensure they are not lost or over-written | |
| Increase your data security. Move you data to a secure and offsite location in minutes | |
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A remittance advice is the tear away section at the bottom of invoices. It is used to be torn out and sent back with the payment of the invoice. This makes it easier to track and process payed invoices. |
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| STS (Simplified Tax System) Depreciation Register |
| The Depreciation Register provides QuickBooks Version 8 users with an easier means to calculate and enter the depreciation of fixed assets. The depreciation tool is a separate application, and it remits information into QuickBooks. Users can register their assets, depreciate their value and post the results back into QuickBooks. |
| MYOB Data Converter |
| Move to easier accounting. There's now a simple way to convert MYOB data into QuickBooks by converting lists held in MYOB software. List include: |
| Chart Of Accounts | |
| Customers | |
| Supplier | |
| Personal Contacts | |
| Employees | |
| Items | |
| Accountants Data Transfer (ADT) |
| The Accountant Data Transfer utility enables you to convert QuickBooks data for use in your Accountants Solution 6 and Xlon packages. ADT is particularly useful for accounting firms, processing their QuickBooks clients' end of year financials. They use these products to processes Tax Returns and this feature will save processing time. |
| QuickBooks On-line Credit Check |
| Managing the cashflow in your business is critical. What you don't want are customers who can't pay for the work you do. If this happens, cash has left your business, and it's not coming in. |
| It's too late knowing about your customers' credit rating after the work is done. It's even worse if you could have avoided this problem to begin with. |
| Imagine if you could review a customer before any for work is undertaken. That way you'd have the choice to take payment up front or not do the work at all. |
| The Online selection in QuickBooks now gives you instant access to leading personal and company credit information. |
| Simply follow the link in QuickBooks next time you enter a new customer or supplier or take the opportunity to check your own credit rating. |
| Reports available: | |
| Multipower Express - You can search for a comprehensive risk assessment of a company and its directors, using the resources of the Australian Securities and Investment Commission (ASIC) and public record data. | |
| Company/Business Express - You can search for a risk assessment on a company or business using public record data and Credit Express. | |
| ASIC Browse/Extract - You can search for company registration details using a company name or Australian Company Number. | |
| Business Name Browse/Extract - You can search for business name registration details using a business name or business number. | |
| Order a copy of your file - You can obtain a copy of your own personal or business/company file. | |
| Instalment Activity Statement |
| QuickBooks now provides a means of completing your Instalment Activity Statement for each reporting period. The Instalment Activity Statement, IAS, is a single form you fill in and return to the ATO to report your obligations and entitlements. The IAS is for those who are not registered for the GST and have investment interests over $1000. |
| Improved Business Activity Statement |
| New improvements make the Business Activity Statement even easier with QuickBooks! You'll now find there are more options that provide users with greater flexibility for the creation of the BAS forms. The new options include: |
| Three configuration screens that allow you to customise different sections according to your preference. | |
| Ability to customise GST, PAYG withholding and PAYG instalments sections for different date period and accounting basis. | |
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