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Archive for March, 2009

Shorting futures with higher bid than ask price?

Sunday, March 29th, 2009

I mean in a crossed market situation when the bid price is higher than the ask price. Since I am buying at the ask price and selling at a higher bid price is obvious that I have to make money…but this is not what happens.
Here is one example – if I buy index at 100 USD(ask) and sell it at 110 USD(bid)…what I see in the demo software account is that the margin unrealized profits go up…but the cash available goes down…

Can you explain pls…thanks.

small business crm accounting + scheduling all in one?

Saturday, March 28th, 2009

for a one person business, marketing to individuals products and service what is best way to keep track of customer details, schedules of jobs, production of product, and vendor information, accounts payable and receivable? is there ONE software program that can do this, across vista and xp platforms?

Choosing A Tax Accounting Software

Friday, March 27th, 2009
You are not only assisted by your business partners but by the government as well in carrying out your business functions properly. The government of any nation takes care of a number of things and keeps the environment conducive to peaceful commercial engagements. It provides security and protection whenever needed and maintains dispute redressal forums to sort out any business dispute that might arise out of any business transaction.

All of these activities need resources, which are supplied by the taxes we pay. It is a legal obligation on all business establishments to file tax returns without fail. Like all government processes, the procedure to file tax returns is also complex and rather time consuming. A tax accounting software comes in handy at this juncture, assisting one pay one’s taxes quite effortlessly.

It is, therefore, important that the computation of taxes is done accurately and the filing is neat. An inefficient way of handling tax computation may result in your overpaying or underpaying the taxes, both of which are harmful in the long run. Therefore, a tax accountant’s role is vital, as he is the one responsible for the maintenance of proper record. To a tax accountant and also to a small time businessman, a tax accounting software is a boon right from the blues because it makes things so very easy!

Tax accounting covers managerial advisory services, financial planning services and litigation consulting services. There is quite a broad range of compliances to be made, and nothing helps better than a good tax accounting software.

A large number of companies offer tax accounting software, but you must always keep the needs of your business in mind. If your firm is a large one with a number of tax accountants working for you, you may need a tax accounting software that has more sophisticated features and allows you an easy access to the relevant data. In case of small business, one may not need all that sophistication but a user friendly interface so as to make one comfortable with the process of computing and filing tax returns. So, just compare the features of the various products available in the market, keeping your basic needs central to your decision. And make a choice. A good tax accounting software takes a big load off your chest. So, get a suitable one for yourself, now!





By: Ashish Jain

Accounting Software Consulting

Tuesday, March 17th, 2009
Accounting is the art of recording and reporting financial transactions. It includes every aspect of the transaction e.g. its origination, its identification, processing, and summarization in the financial statements. The accounting process is required foremost in each and every organization irrespective of its size and nature of the business. Whether you are operating a small size business activity or involved in the processing of a large scale enterprise, the element of accounting is always present everywhere.

Establishing a business identity is not an easy task. It becomes more difficult in case you are not good with handling numbers. Managing numbers is always a clumsy situation and it can trick you as well. Business owners normally are capable of handling their accounts and all the numbers and ensure that the accounting work for the firm is handled efficiently. In case a small business firm suffers from any accounting mishap, the work gets affected seriously. To avoid any such situation a company can either hire an accountant in-house or outsource the accounting work to get better numbers management and get the work done efficiently.

Need for Accounting Software Consulting

The pace with which the business world is expanding day-by-day, it has become difficult to match with the fast business activities, and so the complications in the accounting field have been also increased a lot. Nowadays, it is not enough to adapt to one means for accounting maintenance, but to get the best worth, it is required to match the rising accounting standard.

For a right accounting software, you may take the help of accounting software consulting. Hiring consultants is beneficial in case when a company is planning its extension program.





By: Roberto Luongo

Are there any budgeting software (quicken, mint.com etc.) that allow you track cash you’ve spent? ?

Sunday, March 15th, 2009

I’m really interesting in using one of these to keep track of all my accounts, but I spend cash sometimes and I would like that to be tracked. I’m tired of at the end of each month using pen and paper to add up all my receipts and statements. If one of these programs had a cash option that would be the one I’d be into.

Software for tracking account values of multiple investors?

Saturday, March 14th, 2009

I’m looking into investing money for various people who have asked me to manage their money. I’m interested in doing so in a mutual fund sort of way and would like to know if anyone has recommendations as to some good software programs that will track (and keep separate) the numerous contributions and deductions by people invested in the fund. I need to be able to always know what percentage of the funds value is attributable to each investor.

On a side note: Am I wrong in thinking that I don’t need any special license in order to invest other people’s money? I would have a contract with each investor that would cover all the typical disclosures IRT “the risks of investing” and “past returns are no guarantee of future results”, etc. I plan on making this my home business for tax purposes as well. Am I missing something?

Thanks.
I realize that people usually have some sort of a business degree but I don’t think there’s an actual requirement. Besides, some of the advisor/planner credentials I’ve seen are so easy to get that it’s a little comical when I see them listed as qualifications…
Yes, I could get financial advisor and planner certifications but I really think there not worth much. I served with a guy who had a financial degree and he consistently commented as to how I knew more than he did and how I could pass the exam to be a broker if I wanted. I’m just not sure if I have to.

Software for tracking account values of multiple investors?

Tuesday, March 10th, 2009

I’m looking into investing money for various people who have asked me to manage their money. I’m interested in doing so in a mutual fund sort of way and would like to know if anyone has recommendations as to some good software programs that will track (and keep separate) the numerous contributions and deductions by people invested in the fund. I need to be able to always know what percentage of the funds value is attributable to each investor.

On a side note: Am I wrong in thinking that I don’t need any special license in order to invest other people’s money? I would have a contract with each investor that would cover all the typical disclosures IRT “the risks of investing” and “past returns are no guarantee of future results”, etc. I plan on making this my home business for tax purposes as well. Am I missing something?

Thanks.
I realize that people usually have some sort of a business degree but I don’t think there’s an actual requirement. Besides, some of the advisor/planner credentials I’ve seen are so easy to get that it’s a little comical when I see them listed as qualifications…
I realize that people usually have some sort of a business degree but I don’t think there’s an actual requirement. Besides, some of the advisor/planner credentials I’ve seen are so easy to get that it’s a little comical when I see them listed as qualifications… Yes, I could get financial advisor and planner certifications but I really think there not worth much. I served with a guy who had a financial degree and he consistently commented as to how I knew more than he did and how I could pass the exam to be a broker if I wanted. I’m just not sure if I have to.

Do you know what software is equivalent to Money 3.3 (Mac) in Windows?

Tuesday, March 10th, 2009

http://www.jumsoft.com/money/
in windows.
I need a software program for a club treasurer to track the accounts membership dues because I need to track income from dues and expenses related to fund raising activities and donations.
Money 3.3 is for mac and I don’t have a mac computer.

If you found any software please be sure that is free

THANKS GUYS, YOU ARE THE BEST!!

Any suggestions on merchant account providers that cater to both tangible and virtual products except Paypal?

Saturday, March 7th, 2009

If I’m selling tangible goods as well as software, which merchant account provider will be able to help me?

Which software is best to use for for a small landscaping company?

Saturday, March 7th, 2009

software for maintaining customer details, basic accounting, invoicing, billing for a small landscaping company

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