Re: using bookkeeping program CashManager with Jaws?
- From: "Gary King" <w4wkz@xxxxxxxxxxxxx>
- To: <jfw@xxxxxxxxxxxxx>
- Date: Wed, 6 Apr 2011 19:15:12 -0500
Richard,
Did you make your concerns about CashManager known to the company that makes
it? Not being familiar with accounting, I couldn't evaluate it very well
except for accessibility.
Gary King
w4wkz@xxxxxxxxxxxxx
----- Original Message -----
From: Richard B. McDonald
To: jfw@xxxxxxxxxxxxx
Sent: Tuesday, April 05, 2011 4:11 PM
Subject: RE: using bookkeeping program CashManager with Jaws?
Hi Hank,
Recently, I spent some time with CashManager. Although it is perhaps the only
truly accessible accounting program out there, I found it woefully inadequate.
Primarily, it is neither robust nor intuitive. The following are some bullet
points. Highlighting what I found:
· GENERAL LEDGER: Oddly the GL structure seems to be very
non-standard (even the US version; which I use). Normally, the GL account
number structure would have assets, liabilities, equity, revenue, COGS and
expenses structured along the following numeric format, respectively: 1xxx,
2xxx, 3xxx, 4xxx, 5xxx,6xxx.
For example, a typical GL structure may have a cash account (checking),
liability account (A/P), an equity account (contributions) , a revenue account
( sales), a COGS account (purchases), and an expense account (advertising)
structured numerically, respectively: 1010, 2011, 3100, 4100, 5300, and 6800.
Also, here I am using a four digit account number sequence which is typically
found. In CashManager, the GL numeric account structure seems to be only 1
digit and not structured according to standard; like equity numbers are in the
5x range. Also, it seems to lack the ability to increase or decrease in digits
comprising the account number. These GL structure limitations and
non-conformity I found halting.
· COMPANY TYPES: I found little flexibility for selecting standard
company types and their corresponding standard GLs, reports and so on. For
example, any modestly robust accounting program will allow you, when setting up
a new company, to select if the new company is a retail, service, manufacturing
and so on type of company; which then yields typical GLs, reports and so on for
that type of company. I saw none of this in CashManager.
· BANKING: Any modestly robust accounting program allows importing
of banking transactions. Indeed, the vast majority of bookkeeping time is spent
within a company's operating and payroll accounts. Because of the vast number
of inherent transactions here, it is vital to be able to import that data
rather than manually entering it. Regrettably, CashManager seemed only to have
the import function for NEW ZEALAND and AUSTRALIAN banks. Morever, I did not
find import functionality even for generic data files (like Excel) to
accomplish this same task.
· USERS AND CONTROLS: CashManager seem to lack the ability to
designate multiple users and different rights or credentials for them.
Hank, I could go on and on about CashManager's limitations and lack of
intuitiveness. Suffice it to say that CAshManager might be adequate for only
the most limited circumstances. This is regrettable since it is otherwise
accessible.
Rich
From: jfw-bounce@xxxxxxxxxxxxx [mailto:jfw-bounce@xxxxxxxxxxxxx] On Behalf Of
Hank & Patty
Sent: Saturday, April 02, 2011 11:23 AM
To: Jaws list
Subject: using bookkeeping program CashManager with Jaws?
Hello,
Has anyone on the list used the standard U.S.A version of the bookkeeping
program called CashManager with Jaws? If so, can they please tell me how they
find the CashManager program works with Jaws, is it a bookkeeping program that
is fairly easy to use with Jaws? During initial setup for a company's
financial books, is it fairly easy to change the different sales tax and
federal tax rates? Any help that I can get on this program would be greatly
appreciated. Much thanks in advance.
All the best,
Hank W. Merchant
Other related posts:
