Finance Questions

Archive for July, 2007

Question: what's the best accounting software for small business?

I'm looking for best accounting software for a small business (4 employes) to do invoices, to manage day-to-day finances to VAT returns and year end accounts. What's the best, sost-effective solution? Is it Sage 50?

Answer: Have to agree with Jan.

I have used many accountancy packages, Accpac, Pegasus, Quick-books, Tas, TTwin, Sage Line 50

Sage Line 50 (Now line 100) is pretty good.

Accounting Software and Your Business

Question: what is a mortgage credit certificate?

it is issued by the housing development authority. what is it and what do i do with it?

Answer: A MCC is a federal tax credit that can be refunded to you based on qualification (including where you live). These credits are issued to you by local government and you claim it on your tax return.

Iowa Finance Authority (IFA)