Profit v4.0 Description:
Profit is a true double-entry accounting system that complies with GAAP (Generally Accepted Accounting Principles), and offers full-featured accounting functionality, multi-user support and ease of use. All functions are accessed through a familiar file cabinet interface, and Profit "Wizards" provide a simple, step-by-step approach to even the most difficult accounting tasks.
Use the "Business Setup Wizard" to quickly and accurately set up your company's accounting information. You can customize information, including payment terms, sales and purchase preferences, and import data from word processors, spreadsheets, databases and other accounting packages.
Whether you sell goods or services, Profit makes it easy to record sales information. Simply enter sales information using business forms similar to the invoices you might already use, such as sales or service invoices, quotes, sales refund forms and packing slips. Record, print and track the sales of products or services. You can track sales and profit by salesperson. Keep tabs on your inventory levels by setting up Profit to notify you if the item quantity ordered is greater than the quantity on hand.
With the "Forms Customization Wizard" you can change the look and format of any forms you print, quickly and easily. You can add your company's logo to any form, modify forms to meet your business needs, and customize any of the transaction, check or billing statements you print in Profit. You can also print customer mailing labels and envelopes.
Use the "Balance Bank Account Wizard" to easily reconcile your bank statements with the information in Profit. You can note interest earned, service charges or miscellaneous charges in the reconciliation process. Mark which checks and deposits have cleared the bank. Get an accurate picture of how money flows to and from your bank account.
You can generate a variety of graphical charts to get a quick look at vital business information. Charts include business summary, cash flows, sales, inventory, profit, and projects. Use the business summary chart to compare the relationship between your current cash balance, gross sales, accounts receivable and accounts payable.