Basic Bookkeeping 6.1.10

       Designed for business owners, not accountants, OWL Basic Bookkeeping (BBK) makes bookkeeping quick, easy and affordable. Unlike double entry systems, BBKs single entry method is intuitive. If you have used Dome books, you will be right at home with BBK. The single entry method is well suited to small businesses including sole proprietors, partnerships and S-corporations. Favoring functionality over glitzy graphics, the user interface reduces input time and errors. Many of our users have come to appreciate BBKs elegant simplicity after being frustrated by Quick Books and other bloated accounting systems. BBKs comprehensive reports are instantly available to help with business decisions. The reports are clear, concise and designed to organize income and expense information to support analysis of business activities, and preparation of taxes by either you or your accountant. Business success starts with intelligent money management and you can't know where you're going unless you know where you are. BBK allows users to customize their data entry through the use of data folders. Each folder may contain income and expense data for a single business, a division within a business, or an individual. Reports may be generated for a single folder or for any combination of folders. For example, a property owner who dedicated a data folder to each rental property could report income and expenses for each property individually and all properties together. Basic Bookkeeping is linked to OWL Simple Business Invoicing and Inventory (SBII) management system which provides complete tracking of sales, customers, receivables and inventory. The combination of BBK and SBII provides a complete business management solution for many small businesses.

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Keywords: bookkeeping accounting income expense business small business finance tax tax accounting owl software Otto-Williams Ltd.