* Creating your chart of accounts. * Creating processes for reoccurring transactions. * Recording your financial transactions to a trial balance. * Creating your invoices and sending them to your customers. * Accepting your cash receipts and posting them to your customers' accounts. * Receiving your inventory items and entering invoices from your vendors. * Cutting the checks to pay your vendors. * Tracking your sales and providing analysis to determine where your business is most profitable. * Keeping your book of fixed assets and creating your depreciation schedules. * Creating your Income Statement. * Creating your Balance Sheet. * Creating your Statement of Cash Flows. * Creating your Statement of Retained Earnings.
