Accounting WIFI

Everyone wants to make money but few know how to manage them and use for business purpose to grow known as business leaders, however true business leaders know how to do that with or without a degree or knowledge they are also known as conventional business men, however due to advancement of accounting finance and taxation knowledge and skills it has become almost very important, many businessmen have employed qualified accounts and finance professionals to manage their business in professional manner, and such professionals are in high demand and will remain in high demand for ever, these experts are those individuals who manage the wealth and generate income for business houses. Since accounts is the base of every business and commercial transaction hence a basic knowledge of accounting is very important, since most of the accounting staff and finance professionals work together alongwith taxation and payroll in any business organisation. To become such professionals one needs to know the accounting and finance courses offered at different level by different accounting institute, these institute offers various accounts training, such courses can be availed by students after 12th in commerce or there are some professional courses which can be completed after B Com Graduation. In India there are options like B Com Graduation M Com post graduation courses which can be opted after 12th commerce students, such degree are merely qualification for any accounting and finance related jobs, however there are many institutes like:- CA (The Institute of Chartered Accountants of India commonly known as ICAI) CS (The Institute of Company secretary of India ICSI) ICWA (The Institute of Cost and Works Accountants) IPA (The Institute of Professional Accountants)

These professional institutes offer professional training and job oriented courses in the field of accounts finance taxation banking auditing etc. students opting for career in commerce can opt for such professional courses as well some of the courses are four years and more this professionals can get regular job in corporate as well as they can have their own consultancy job, in today scenario most of the chartered accountants prefer to opt for a regular job however decade back most of these professional prefer to do their own professional practice.

Then there are institute of accountants like:- IPA (The Institute of Professional Accountants) of India , a Delhi based accounting institute offers Diploma in Accounting a one year course this course is mainly based on practical aspects of computerized accounting, online income tax return filing, e filing related to TDS (Tax deducted at source) Service Tax, Excise, filing of returns related to Provident fund and ESI related matters.

After doing such Diploma in financial accounting students can expect lucrative career options like:- becoming an accountant, account assistant, finance executive, accounts manager, finance manager, tax assistant, audit assistant etc. after graduation courses for commerce students Accounting Courses

Business accounting software solutions provide the most convenient way of keeping track of your companys financial information. However, finding the best accounting software program for your business can be a challenge. To choose an up to the mark accounting system solution package, there must be consideration on points like business accounting basics, the size and the structure of a business and its relevant accounting needs.

Below are the different kinds of accounting software categorized according to business types:

Small sized Companies

Affordable accounting software solutions in smaller ranges do exist. They start with minimal charges. Some of the popular options include QuickBooks, which is one of the big names in entry level accounting solutions. QuickBooks is tailor made for small sized businesses without extensive experience in accounting. The system installation takes few hassles and the running too is pretty easy that saves on the costs incurred by small business establishments.

Similar to QuickBooks, the popularly Peachtree is available in a number of variously priced forms. It is to be noted, Peachtree has a higher degree of flexibility in comparison to QuickBooks, thus reports and pie charts come much more easily– creating a lot of ease for accounting firms.

Fund E-Z is intended particularly for non profit set ups and has more flexible terms than either QuickBooks or Peachtree in the tracking of restricted funds and creation of nonprofit-specific report sheets.

For Midsized Companies

If you have an offshore based business or require monitoring of multiple programs, choose over and above entry level systems. Such packages, including those from Dubai IT solutions cost more than those discussed earlier. There are discounts available on bulk deals for deals that go long term. Understand the accounting volume and decide on the requirements before going in for a particular package.

For Large and International Non Profits

The software solution discussed above support the requirements of most non profit unitsunless there are a lot of funds available for use, multiple accounting users or an international level infrastructure. If that is the case, you will need enterprise Accounting Software Solutions custom made for your companys requirements. The prices of these packages tend to start with six figures. Dubai IT Solutions also offer plenty of choices in this category.

Therefore, it is ultimately the type of business that dictates the choice of the right type of accounting software. Choose your plans, based on the budget you have. Research and check the advantages of each system before going in for one. There are ample choices available for each separate company set up. Choose wisely!