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General Ledger Income Statement You can run an income statement report with ADVANTAGE Salon Software and Spa Software Management System.
General Ledger Accounts can be up to 10 characters long and you can setup up to 9999 departments. Department Income statements can also be generated using the ADVANTAGE Salon Software and Spa Software reporting functions. The General Ledger program follows GAAP (generally accepted accounting procedures) and a complete double entry accounting software system. CASH Basis vs. ACCRUAL Basis This accounting software system can report on both cash and accrual basis for its accounting reports. Essentially, you can run either type of report at anytime. The tax regulations let businesses figure their taxable income on a cash basis, rather than on the accrual basis. Cash basis accounting can result in the postponing the payment of income tax, although it ordinarily does not reduce the total amount of income tax over a period of years. Cash basis means that you recognize revenue the time you receive the revenue or the time when you pay the expense. Accrual basis means that you recognize the expense when you actual receive the bill not when you pay it or recognize the revenue when you bill for your services not when you get paid for them. There are two versions of ADVANTAGE Salon Software and Spa Software Available: Basic -ADVANTAGE Salon Software and Spa Software Basic System includes -- Client Management, Point of Sale, Appointment Book, Inventory Control, Employee Management, Gift Certificates, Commission Calculations, Time Clock, Waiting List, Series Sales, Booth Renter Tracking, Messages and Reports Deluxe- ADVANTAGE Salon Software and Spa Software Deluxe System includes -- All the features of the basic system plus General Ledger, Accounts Payable, Payroll
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POS Hardware |
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Receipt Printers | Touch Screen Monitors | Cash Drawers | Bar Code Scanners |
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LED Pole Displays | Magnetic Card Readers | POS Keyboards| Complete Systems |