Financial ratios


A

A-MAN

Sorry if this is the wrong newsgroup.

I am just starting to think about switching over to one of the computerized
accounting software packages for small business (QB's, Peachtree,
Simply...etc).

My question is, do all of these packages now-a-days offer the ability to
view all different kinds of financial ratios (Return on Assets, Inventory
Turnover, etc, etc)? If they do, can you view them over multiple months /
years on the same report to get an idea if the ratios you choose to monitor
are improving?

Also, do any of the packages allow the user to view common-size financial
statements (values are all percentages)?

Thank you for your time.
 
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P

Peter Saxton

Sorry if this is the wrong newsgroup.

I am just starting to think about switching over to one of the computerized
accounting software packages for small business (QB's, Peachtree,
Simply...etc).

My question is, do all of these packages now-a-days offer the ability to
view all different kinds of financial ratios (Return on Assets, Inventory
Turnover, etc, etc)? If they do, can you view them over multiple months/
years on the same report to get an idea if the ratios you choose to monitor
are improving?

Also, do any of the packages allow the user to view common-size financial
statements (values are all percentages)?

Thank you for your time.
On the whole I would say no. I can't see this being all that
important. If you need ratios put the figures in a spreadsheet.
 
W

Wayne Brasch

Sorry if this is the wrong newsgroup.

I am just starting to think about switching over to one of the computerized
accounting software packages for small business (QB's, Peachtree,
Simply...etc).

My question is, do all of these packages now-a-days offer the ability to
view all different kinds of financial ratios (Return on Assets, Inventory
Turnover, etc, etc)? If they do, can you view them over multiple months /
years on the same report to get an idea if the ratios you choose to monitor
are improving?

Also, do any of the packages allow the user to view common-size financial
statements (values are all percentages)?

Thank you for your time.
On the whole I would say no. I can't see this being all that
important. If you need ratios put the figures in a spreadsheet.


--

(e-mail address removed)

The use of financial statement analysis can keep any company from going
bankrupt if they use these correctly and act on what these ratios disclose.
Accounting can be so precise as to be able to tell a business owner within a
95% degree of accuracy whether or not they will be bankrupt within three
years from the date of the financial statements.

My main point is that these ratios the original poster mentioned can be very
useful.

Wayne Brasch, CPA, M. S. Taxation
 
P

Peter Saxton

The use of financial statement analysis can keep any company from going
bankrupt if they use these correctly and act on what these ratios disclose.
Accounting can be so precise as to be able to tell a business owner within a
95% degree of accuracy whether or not they will be bankrupt within three
years from the date of the financial statements.

My main point is that these ratios the original poster mentioned can be very
useful.

Wayne Brasch, CPA, M. S. Taxation
I'm sure they are useful but I don't think it is very important when
choosing which accounts package you should use to do the accounting
for your business.

If financial ratios are important to you then you can put the figures
in a spreadsheet as you see fit in a matter of minutes.
 
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Joined
Jun 27, 2011
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Sorry if this is the wrong newsgroup.

I am just starting to think about switching over to one of the computerized
accounting software packages for small business (QB's, Peachtree,
Simply...etc).

My question is, do all of these packages now-a-days offer the ability to
view all different kinds of financial ratios (Return on Assets, Inventory
Turnover, etc, etc)? If they do, can you view them over multiple months /
years on the same report to get an idea if the ratios you choose to monitor
are improving?

Also, do any of the packages allow the user to view common-size financial
statements (values are all percentages)?

Thank you for your time.

Yes you can do this by using readyratios.com/. You can auto calculate accounting ratios in seconds, analyze financial statements, can take expert advise, can save your data onlin and any other accounting related thing. The most important thing is that its totally free at the moment. Expert help is also provided free.
 

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