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BS/1 Professional 3.11

A fully integrated, network ready time billing and accounting system.

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Description

BS/1 Professional is a fully integrated, network ready time billing and accounting system. Accounts Payable, Accounts Receivable, General Ledger, and Time Billing.

BS/1 has a very simple and intuitive interface, suitable for use by non-accountants while powerful enough to satisfy experienced accountants. Client projects/jobs are tracked by priority and due date. Project leaders may be assigned to jobs and the tasks which make up the jobs may be assigned to general employees. Time is billed against the tasks which make up a job. The hourly rate charged is based on the "Task Type" or from an optional custom rate for the task.

Multi-currency features facilitate selling and purchasing internationally. Payables and receivables are tracked separately for each currency. Also the GL system shows revenue and expenses converted from foreign currency to domestic currency, so you can trade in multiple currencies while your books remain in domestic currency.

Taxes are very flexible to facilitate VAT, GST, PST, HST, etc. in various countries. Invoices and checks may be handwritten or computer printed. User-defined financial statements can be created through a simple set-up process. GL account balances can be viewed on screen with drill-down to original source transactions.

The system comes with sample data to provide a quick overview of it's capabilities and there is an optional Getting Started wizard to assist with entering initial live data. The wizard sets up common GL accounts which can later be changed, deleted, or added to. Multi-company.