Wednesday, July 30, 2014
Mueller highlighted the importance of implementing a systematic way of tracking these transactions, not only will this save valuable time, but small and medium- scale ventures can also qualify for a Section 179 tax deduction with exemptions of potentially up to $500,000 per entity for 2015. This allows owners to have the costs of capital items be deducted by treating these components as expenses instead of deprecating the items over a period of few years. To this end, tools such as the Peachtree Quantum system (also known as Sage 50) can assist businesses in maintaining important records and backups.
Monday, July 28, 2014
The very nature of bookkeeping makes it an inherently resource-intensive aspect of business management. This does not preclude the success of small and medium-scale organizations, they can opt for affordable and user-friendly software, such as the Sage Quantum system and other related products. These solutions are designed to help a diverse variety of organizations and companies efficiently manage their records and finances, all without resorting to needlessly expensive software bundles.