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Petty Cash

Any business, large or small, has a category of expenses that are too small and fragmented, on a daily basis. Expenses such as paying to a postal carrier the 20 cents due on a letter being delivered, or $14 delivery payment for bakery goods ordered for a company’s early morning meeting. Bookkeeping of all these [...]

Managing overhead expenses by department or division

Having control over indirect expenses is a part of an effective financial management. In this article we will discuss the right approach to an overhead expense review at, by department or by divisions. First of all, enter your division expense categories as chart of accounts under one parent expense account, for example, Utility. Under [...]

POS feature, Mobile app coming soon

Mid-April will see the first release of POS module. Mobile POS will be a part of our accounting module, which will be fully integrated with our inventory, sales order and procurement sections of our system. Over the past 6 months we have applied significant resources into building our new mobile add on for our [...]

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