A Company’s Financial System is a Window to it’s Health
The setup of your financial system should address all factors that are now or may become variable over time. If you aren’t getting valuable feedback on your operations from your reporting you will want to make some changes. Accurate reporting is in there, you simply need to pull it out. It may require adding parameters and accounts, but it is attainable. It should evolve with changes in your operation as well as the business environment.
I have been exposed to many systems, and am familiar with several enough to implement. In my history, QuickBooks Desktop is the best solution for small companies. It can be kept simple to allow for rudimentary accounting, or revved up to compete with mid sized systems in terms of reporting, users, and volumes of transactions.
