Recovering Tax Liabilities and Tax Assets Entirely by Sale

The International Accounting Service Board is addressing a problem that exists in the accounting practice and needs to be solved as soon as possible. Currently, the measurement of deferred tax liabilities and deferred tax assets depends on whether an entity … Read more


Purchase Order Processing Made Easy…and Secure

Many Purchase Orders are no longer paper-based, but rather transmitted electronically over the Internet. It is common for electronic purchase orders or PO’s to be used to buy goods or services online for services or physical goods of any type. … Read more


Top Healthcare Industry Trends and How it Affects your Business

According to economy watch, these top trends in the healthcare industry will manifest an upward growth. Let’s take a look at these top two trends and see how they will affect the healthcare businesses out there today and into … Read more


Comparisons are a great way to understand different components of something as complex as accounting software. Since the economy is under intense scrutiny these days, I thought it would be fun to compare accounting software to the U.S. economy.

  1. Economic
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Steps to Improving Inventory Record Accuracy

A high level of inventory record accuracy calls for a great deal of effort to develop and maintain a perpetual inventory system. The necessary steps are:

  1. Select and install inventory tracking software
  2. Revise the rack layout to allow for optimal
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The Inner Workings of your Accounting Software

If you’ve been following our blogs, you already understand how critical the right accounting software can be for your business. Many of us know the importance of it, but not exactly how it works for our businesses. Here’s a look … Read more


In the manufacturing world, there are multiple processes that rely on one another. Successful completion of an order relies on your company’s inventory. Customer satisfaction relies on seamless tracking of their shipment and smooth transaction of payments. The list … Read more


A survey conducted by the Brunswick Group LLC indicates that 2010 may reverse the recent lack of activity in mergers and acquisitions. According to the poll, 78% of responding bankers, lawyers, and advisors in the M&A community expect activity to … Read more


Selecting ERP Software: Future-proof your business model with a customizable ERP solution

The decision to replace an entry-level accounting package (e.g., QuickBooks, Peachtree) or ERP software can be agonizing.  Your current software may be easy to use but it does not provide the internal controls, discipline or automation you need to grow … Read more


Project users can find themselves in a bit of a quandary when working with materials.  Microsoft Dynamics® SL is an excellent project accounting system. It is also a fine materials management system.  However, it may fall a bit short … Read more





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