OPE Software with Integrated Accounting built it!
With a year end,
once you have entered all your information, you must pass on the reports
to your accountant for their magic to be applied, including depreciation,
tax caclulations, forms to be filled out and submitted to the government.
By the time you're done, it could be 6 months.
Believe it or not, most competing accounting systems do not properly allow
you to report on your business for past months or years. Some will allow
you to enter the data, but when it comes to reprinting an accurate set
of financial statements for a given point in history, most fall flat on
their face.
With Windward System Five, you can reprint an Income and Expense statement
for any month in any year at any time. Or reprint a Balance Sheet. Or
an Aged Accounts Receivable or Payables Report.
This is not trivial. When you reprint an Aged Payables
report for the previous month, the system ignores bills and checks entered
in the current month showing the true condition for the end of the previoius
month. What this means to you is that you can do your work daily and
never get behind and still get the reports you need.
We have witnessed many people using other software packages piling up
the work on the corner of their desk until they are finished with a
month end and then frantically playing catch up.
Windward comes with several pre-built ledger reports such as a balance
sheet, income and expense statement, etc. and it also comes with it’s
own Ledger Report Writer so you can build your own reports such as comparing
income this year to last year and the year before, or income to budget.
Or you can report on different areas of your business such as the service
side from the parts sales side.
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