What is accounting?
Accounting is a service industry, wherein, information of
economic financial data is provided to interested parties.
Economic changes are shown in the form of documents
known as financial statements.
In order to produce these documents, many organizations
hire accountants known as certified managerial
accountants or CMA's to organize, control and produce
the financial statements required by management.
Smaller firms or businesses will either hire a bookkeeper
or attempt to produce financial data on their own. The
major difference between an accountant and a
bookkeeper is that an accountant is highly trained and
more apt to be able to give sound financial advise.
Now, understand not all accountants are good accountants, and the same for bookkeepers. Some bookkeepers are more knowledgeable
and therefore able to give sound financial advice. But remember, those individuals trained and educated in financial matters in most cases
are better equipped to understand that financial data.
Learning accounting or book keeping is a great way to gain financial control over your business. Most failed business owners had no
understanding of the basic knowledge of bookkeeping. Here at Accounting Solutions we highly recommend all our clients to learn the
basics, either by reading a basic manual on double entry accounting or by allowing us to guide them through the use of basic accounting
software. Basic record keeping is a must for any business to succeed!
So choose what works best for your time frame.
- Accounting 101 at the local University. This course will teach you the basic of double entry
accounting.
- How-to-books on basic bookkeeping. Only problem is no mentor.
- Hire Accounting Solutions. We will set you up with a bookkeeping software and teach you how to
operate it.
- or Read about understanding accounting. This is our E-Book. (click on link on left)
Our new office is in Machais, Maine. Our office in Searsmont, Maine is serving Belfast, Augusta, Camden, Rockland, Bangor,
Searsport, Ellsworth. For service outside of Maine please contact us for accounting rates in your area.
Copyright © 2004-2007 e-accountingsolutions.com All rights reserved.
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Downeast Accounting Solutions
Empowering Business Owner's To Make The Right Business Decisions For Their Future
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QuickBooks: “The Easiest Way to Help Your Business Succeed”
For individuals in NTTW businesses, established businesses that need a variety of financial/business management tools,
and growing businesses with multiple employees and complex workflows
QuickBooks 60-Day, Money-Back Guarantee. Try QuickBooks for 60 days. If you're not satisfied, return it with dated
receipt for a full refund of the purchase price.
Get up and running quickly, smoothly and accurately - with FREE QuickBooks support included for 30 days from software
registration.
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QuickBooks Simple Start Edition - The simplest way to track sales and expenses
For small and simple businesses that want an easy way to start tracking sales and expenses more accurately and want to
be better organized for tax time.
You can be up and running in under 15 minutes…or your money back
Easily track sales, expenses and customers in one place
Complete and accurate records at tax time
Instant reports on profit and loss, sales, expenses and more
Easily locate information in QuickBooks with Google Desktop ™
Note: SS will have form customization, but does not include payroll, inventory, accounts payable, MS Office integration, or
Customer/Vendor/Employee Center functionality
QuickBooks Online Edition - The essential accounting tools necessary to manage your business and the freedom to
access your financial information from work, home, or the road. For businesses that need access to the books from
multiple places and/or have multiple users in different locations
The essential accounting tools to manage your business
Manage finances from work, home, or the road with any Internet-connected PC
Work together on the same file from different locations
Easy to get started, but support included anyway
Data protected with daily, automatic back ups
Product upgrades included in the price of subscription
QuickBooks: Pro Edition 2007 provides standard accounting and business tools for organizing your finances with ease.
All the standard accounting and business tools for organizing your finances with ease.
Save time on routine tasks like payroll*, invoicing, bill tracking and check-writing.
Quickly create invoices and key reports in just two clicks
Easily organize customer, vendor, employee information in one place
Quickly create professional-looking custom forms
Easily locate information in QuickBooks with Google Desktop ™
Attract new customers with new online marketing tools to help your business succeed
*additional fees apply
QuickBooks: Pro for Mac 2007 makes it easier to manage my small business finances.
For Mac small businesses
Same general benefits as Pro, but note that Mac doesn’t have the new Customer, Vendor, and Employee Centers
QuickBooks Pro: 3 User Value Pack - Fast and easy financial management for up to 3 users at the same time. For larger
Pro-type businesses that need financial management for 3 users at the same time
QuickBooks: Premier 2007 offers industry-specific and business planning tools tailored to your business type. For
businesses that want the most; have higher aspirations for their business and the capabilities of their software; want
something that can grow with them.
Automatically build sales and expense forecasts and budgets
Create a custom business plan
Easily manage payables and receivables
Easily manage customer vendor and employee info
Advanced tools for tracking inventory and employee billable hours*, creating purchase orders, setting pricing levels and
accessing your data via the Web.**
Tailor to your business type with industry-specific versions of Premier – make managing your finances even easier – with
the same tools available for manufacturers, contractors, professional services firms and more.
Easily locate information in QuickBooks with Google Desktop ™
Attract new customers with new online marketing tools to help your business succeed
* Internet access required. Additional fees apply
** Internet access required. One 12-month single-user subscription of Remote Access, powered by WebEx, is included for
customers who purchase and install any of the QuickBooks: Premier Editions 2006 software before 12/31/07. Subscription
begins at time of software installation. Fees apply after 12 months for continued use and additional users. Terms subject
to change.
QuickBooks: Premier Contractor Edition 2007 gives you QuickBooks’ best accounting features, plus easy, time-saving
tools designed to help contractors run their business. For plumbers, electricians, builders, and more
Track job costs easily as you pay employees, subcontractors, and vendors
18 job-costing reports show you the status of your jobs and helps you analyze your costs and profitability
The Job Costing Center summarizes your current job information on a single screen and gives you immediate access to
commonly used reports
Track and print change orders on estimates, eliminating surprises for you and the customer
Flexible billing rates allow you to assign different rates to different employee
Manage subcontractors—alerts notify you when a subcontractor’s insurance has expired
QuickBooks: Premier Manufacturing & Wholesale Edition 2007- comprehensive accounting features, plus time-saving
tools designed for the unique needs of manufacturers and wholesalers/distributors. For manufacturers, wholesalers and
distributors
Product Availability and Sales Order Fulfillment features show which products & orders you can ship
Use customized financial reports to see your sales and profitability by product and by customer so you know where you’re
making money
Monitor the status of purchase orders so you don’t run short of critical inventory
Bills of Material feature helps you track costs more accurately
Use Sales Orders feature to track sales—instantly turn sales orders into POs, pick lists, packing slips or invoices
Create price levels for products, or for customers—retail customers, preferred customers, etc.
QuickBooks: Premier Nonprofit Edition – QuickBooks’ best accounting features, plus easy tools for nonprofits to
demonstrate financial accountability to your Board of Directors. For charities, religious organizations, social, and others
Track donors and contributions with customized reports such as Biggest Donors/Grants and Donors/Grants Report
Create reports for your Board of Directors such as Form 990 and Statement of Financial Income and Expense
Track budgets by program with the Unified Chart of Accounts (UCOA)
Generate easy donation and thank-you letters without retyping into Word*
*Microsoft® Word and Excel integration requires Word and Excel 2000, 2002 or 2003
QuickBooks: Premier Professional Services Edition- QuickBooks’ best accounting features, plus easy time-saving tools
designed to help professional services firms run their business. For attorneys, engineers, consultants, architects, and
more
Easily and accurately track time, invoice clients, pay employees & pay vendors
Analyze profitability by project with project costing reports
Track unbilled time and expenses with customized reports
Flexible billing options allow you to assign different rates by employee, client or service
Save time with online timesheets*
Customization options for reports, invoices and forms
Create letters and envelopes easily by transferring client information directly from QuickBooks into Microsoft Word**
*Sold separately. 60 Day free trial included. Fees apply after free trial period. Works with 2006 or 2007 editions of
QuickBooks for Windows (Pro, Premier & Enterprise), updated to the most current release. Internet access required.
** Microsoft® Word and Excel integration requires Word and Excel 2000, 2002 or 2003
QuickBooks: Premier Retail Edition - Financial management made easier for retailers. For retailers and retail service
businesses
Ten retail-specific reports, such as Sales Tax Liability
Track sales results and trends with the Daily Sales Summary
Create and track service work orders
QuickBooks: Premier Accountant Edition - An all-in-one bookkeeping, write-up and financial reporting tool to help you work
efficiently and effectively with your clients. For multi-client accounting professionals, like CPAs, accountants and
bookkeepers, who have QuickBooks clients
Contains and is compatible with all QuickBooks 2007 accounting software*
Includes integrated accounting specific modules
All New Accountant’s Copy** with “Close-the-books” makes it easier to exchange, adjust and manage client data.
Enhanced Payroll for Accountants now with After-the-Fact payroll and client ready payroll tax and check reporting
capabilities ( QuickBooks Payroll subscription sold separately. Add-on services require subscription, EIN and Internet
access for certain features, including tax table updates and direct deposit. ProSeries® and Lacerte® professional tax
products sold separately).
Enhanced spreadsheet style Financial Statement Designer that now helps find deleted or missing accounts from your
statements
Quickly review and adjust client balances with the built-in Working Trial Balance tool
*Does not include QuickBooks Enterprise Solutions, QuickBooks: Pro for Mac, or QuickBooks: Online Edition.
** Works with all QuickBooks accounting software except QuickBooks Enterprise Solutions, QuickBooks: Simple Start,
QuickBooks: Pro for Mac, QuickBooks: Online Edition, Invoice Manager, Easy Estimate or Time Tracker and requires at
least QuickBooks 2007. You cannot adjust Payroll, Sales Orders, Purchase Orders or Estimate Transactions.
QuickBooks Enterprise Solutions 2007– Designed for growing businesses, is our most powerful product. It has the
capabilities and flexibility to meet your business’s unique needs as it grows— and it could save you thousands in up-front
and on-going system costs. For larger, growing businesses that need more robust software to manage greater complexity
Capacity to add unlimited inventory items, customers and vendors as you grow*
*Performance testing was optimized at 100,000 lists.
Scalable from 5 to 20 simultaneous users (comes in 5, 10 , 15, 20 user licenses)
Tools and functionality to meet the needs of more complex companies - advanced inventory tools to help manage the flow
of products from purchasing to production, from inventory controls to sales. Receive partially fulfilled orders from vendors;
view all inventory-related info on one page; track labor with your Bill of Materials; set custom prices for customers;
purchase, stock, and sell the same item in different Units of Measure; and plan and track the fulfillment of all open sales
orders with one easy-to-use tool.
'Access your QuickBooks data with ODBC compliant applications such as Microsoft® Access and Excel to see data just
the way you want - build custom reports, link your various business applications and build custom queries or tools*
Best value in it’s class
QuickBooks: Payroll - The accountant-recommended solution that helps you manage your payroll efficiently, so you can
confidently focus on running your business.
Works within QuickBooks, so there’s nothing new to learn and no double entry
Quickly download the latest state and federal payroll tax tables and forms
The QB Payroll Center lets you manage all your activities from a single, at-a-glance screen
Easily share your payroll data with your accountant if you want to double check that your numbers are accurate and
complete
QuickBooks: Customer Manager – Serving Customers Made Simple Customer Manager
Consolidates all your customer information in 1 place
Works with QuickBooks, Outlook and Outlook Express
Manage your schedule and important tasks with pop-up reminders so nothing falls through the cracks
Easily communicate with multiple customers through mass email
Bring important dates into the Calendar including birthdays, anniversaries, or custom date field.
Learning QuickBooks
Developed, taught and perfected by CPA educators, QuickBooks Learning Solutions are the most effective way to learn,
customize and master QuickBooks accounting for your business.
QuickBooks Easy Estimate
Designed specifically for contractors, Easy Estimate gathers all estimate data in one place to quickly produce polished,
accurate proposals. Easy Estimate works by itself or together with QuickBooks for increased estimating power and flexibility
QuickBooks: Invoice Manager - The simplest way for new businesses to create and manage professional looking invoices.
Simple and fast to set-up, learn and use, to get started, just answer some simple questions about your business and you’
re up and running in 2 minutes or less.
Easily create professional looking estimates, invoices and sales receipts customized for your business
Save time otherwise spent on manual and redundant tasks
Calculates your sales tax automatically in your estimates and invoices.
No re-entering data: Automatically enters (“quick-fills”) previously-typed information and convert estimates or quotes to
invoices with a single-click.
Email invoices and estimates as PDF files.
Get paid accurately paid by gaining more control of your invoices
Easily track payments against invoices by viewing a list of your outstanding invoices to see which ones have/haven’t been
paid, under the reports tab.
QuickBooks: Financial Supplies - Using QuickBooks to print checks can help you keep better, more accurate records while
also saving you time.
Help keep better, more accurate records - all of your check information is updated and stored in one place.
Three out of Four QuickBooks Customers tell us printing checks takes half the time as handwriting them.
QuickBooks: Credit Card Processing Kit* – The low-cost, easy way to get paid.
Accept all major credit cards using your computer anytime, anywhere
Low monthly fees, no monthly minimum, no long-term commitments
60-Day Money Back Guarantee
QuickBooks Financial Software is not required
QuickBooks: Point of Sale Retail Management Software: Affordable, easy-to-use software for managing inventory, sales
and customer information. Also available with a complete set of retail hardware guaranteed to work together.
.
Manage inventory with real-time data on what’s in stock, what needs reordering and what’s on order
Ring up sales quickly and easily by scanning bar codes or simply keying in an item
Offer great customer service by capturing customer’s information and purchase history
Easy to set-up, learn and use with simple wizards, video tutorials and practice data
Works alone or together with QuickBooks Financial Software***
Available as standalone software or with a complete set of QuickBooks-approved retail hardware
*** Works with any QuickBooks Pro or Premier Edition (2004-2007) and QuickBooks Enterprise Solutions (4.0-7.0). Sold
separately.
QB Point of Sale Overall Bundle Positioning
QuickBooks Point of Sale Solution combines easy-to-use software with retail hardware to manage inventory, sales and
customer information. Hardware includes a bar code scanner, receipt printer, cash drawer and credit card swipe
guaranteed* to work seamlessly with the QuickBooks Point of Sale software.
Quicken Marketing Copy
Quicken – Product Family Marketing Copy
Quicken products help you navigate the important choices you need to make so you can maintain the right balance
between keeping up and getting ahead. Whether its managing your finances, your medical expenses, your rental
properties or even keeping track of the things in your home, Quicken helps you to know which steps to take today to take
control of your plans and achieve your goals.
Finding the balance between what you want to do and what you need to do doesn’t happen by accident. It takes planning.
Quicken personal, business, rental property, home inventory and healthcare products enable you to plan for the future,
while staying in control of the responsibilities of today. Because spontaneity is more fun when you’re not filled with
uncertainty.
Quicken 2007
See your complete financial picture in minutes with Quicken 2007!
Confused by your medical expenses? Know what to do when your bill arrives.
Quicken Home Inventory
Quicken Home Inventory enables you to get the most of your insurance investment by giving you the tools to organize
your valuable possessions quickly, easily and accurately.
Serving the Down East Maine area, we are a tax
and bookkeeping firm in Machias and Searsmont,
Maine. Accounting Solutions specializes in
business and individual taxes and bookkeeping
and consulting we pride ourselves on the
responsiveness and quality of our firm's services.
We've been serving individuals and business
owners alike for over 8 years and plan to continue
for many more years to come.
Accounting Solutions can help you save money on
your state and federal income taxes. We
investigate and analyze every aspect of the tax law
to compute the best return for our clients.
Our firm can also take care of your Bookkeeping and Payroll Services. In todays business world many
companies our experiencing difficulties in managing functions required to run their business efficiently.
Outsourcing of the Bookkeeping and payroll business functions is an excellent step to a cost effective
approach to achieve their business needs. Our firm can take care of all your bookkeeping and payroll needs, from
recording daily transactions, to filing your payroll tax returns.