Why Use SMART Accounting Software?

Smart is a simple, easy to use accounting software system. Smart is an upgrade of  the GAAP General Ledger and Reporting System, used by over four thousand users in the Republic of South Africa. The developer is a Chartered  Accountant who designed the original “DOS” system in 1981.

We have two versions of Smart Accounting Software, Lite and Pro.

• The Lite module is easy to use for beginners and is suitable for home accounting, students learning applications and reports for tax returns.
• The Pro module is ideal for bookkeepers, accountants and entrepreneurs.The reports are sofisticated and and the financial reports are designed to international standards
• The reports can be transferred in pdf format or text file  

We call it Digital Accounting Applications, because one can obtain accurate reports by applying the accounts number “as indicated“ in the manuals. All the accounts  in the manual, are already open on installation. One can also add accounts as required. according  to the respective  categories namely:

1. Sales
2. Cost of sales
3. Other income
4. Administration costs
5. Establishment
6. Management
7. Financial 

• Cash Flow Statement
• Financial Analysis and Interpretation

These reports will assist one to assess enterprise good governance, critical to any potential acquisition.

To achieve this, one has to insert data from the latest trial balance by using the Smart Accounting Software Charts.

It is important to understand that this  system is ideal for students to duplicate and then understand with little effort.  A person with only a little accounting knowledge can produce his own set of books.

We use words one can relate to.  We are not using accounting terms that a person is not familiar  with.   IE: instead of using words such as "working capital",  we use "bank overdraft" or "suppliers’ monies"). The cash flow statement  is a display of source  and applications of  funds.

Smart Accounting Software is easy to use and is ideal for accounting students, Small Businesses, Entrepreneurs and Bookkeepers.