How to make money from online accounting software

How to make money from
Online accounting software

1



Last updated on
November

1st
,

2012

Always Check
http://nasuha.com/onlineacct.7z

for updates

Author
:
-
webmaster@nasuha.com

Synopsis
:Online

accounting software
–
Making money for consultants/accountants/business
student
.This guide helps consultant in promoting
and implementing
waveaccounting, an online
web based accounting solution and generating residual income for you by supporting
professional
services to your client.

This guide do not teach accounting principle which is
defined as
a

principle that governs current accounting practice and that is used as a reference
to determine the appropriate treatment of complex transactions

If yo
u do not have an
accounting knowledge this guide will not help much. What it takes to be a successful account
implementers are a logical mind and the ability to simulate manual accounting practice to a
computerized accounting procedure.

With that ability

and the skill set and
the
passion you
have, this formula will work for any accounting solution, be it a paid accounting software

like
Mind
Y
our
O
wn
B
usiness

accounting software
, mySql, some generic

accounting software
brand

name

o
r a free accounting solut
ion like wave.

End of the day,it’s a residual income for some
individual that enjoy working on a freelance basis
,

taking advantage of an incredible web based
online accounting solution.

Version
:1.23
.1

How to make money from
Online accounting software

2


TABLE OF CONTENTS


Who use it

Why use it

Whats in for you

Pre requisite

Registered buyer of this material will get

How much is this e
-
book cost me

Product summary

About security of the application

The dashboard

Snapshot

The bills and invoices

Smart online application

The features

Setting up

Setting up Accounts

Setting up Customers

Setting up Vendors

Creating Invoices


Invoice tailored for homestay Owners

Creating bills

Company dashboard versus Personal dashboard

Reporting Screen

How to make money from
Online accounting software

3


Multiple World Currencies

Other alternativ
es

About the Author

Register as Waveaccounting User



How to make money from
Online accounting software

4



Who use it
:


*

Financial Service providers such as accountants, bookkeepers, financial planners, and
fiduciaries.

*

Providers of services to small business, such as Banks, Shippers, Printers, Office Supply
Retailers, Legal firms, and Independent
Consultants, to name a few.

*

Web marketers, such as suppliers of toner cartridges, office furniture, and other online
services

*

Independent business owners and individuals seeking to generate income

WHY
:


*

To

differentiate your service offering from your competition by providing a valuable service
to your clients.

*

For accountants
-

to standardize your clients on a common accounting platform, which you
can have direct access to from your office for reportin
g, tax preparation, payroll preparation,
and maintenance.

*

To increase your revenue by keeping your advertising messages in front of your clients on an
on
-
going basis.

Requirement for Individual to participate:
-

This softcopy writeup cost
USD10

.Bank

in

to
cimb 12530069448528

or Paypal to
csm_fuad@hotmail.com

Whats in for you
:
-
Residual Income and charge it to your client

for accounting scope of work
from se
t
ting the COA to the financial reporting.

Work
freelance or weekend

Support:
-
goto

meeting
-
if the client has one and Instant Messenger to the client or site visit by
the consultant and payable to consultants.

Target market

-
small company/sole proprietary and company that handle manual accounting.

Income

generation from this 'online accounting solution
-
wave'

*
You don’t have to leave your job

–

do it freelance or weekend

* world

wide market

How to make money from
Online accounting software

5


* business flow like what you people are doing now
–
accounting personnel,

small business owners,

bookkeepers,

accountants,

accounts clerk

* Since the software is free we only charge on services, you/consultant can charge client at fixed price
for your professional services that can be categorized into:
-


Hardware proposal if any

Feasibility studies

Accounting D
ata conversion

Chart of Accounts and system setup

User training

User manuals

Support Call and onsite support

Maintenance on yearly basis

Charge on customi
z
ed reporting to local requirement, optional usage of Jasper report,

crystal
report and what have yo
u.

Data integration
–
import,

export,

csv etc


Pre

requisite
:

Basic to advance accounting knowledge and basic pc operations.

First level support is the consultant.

Registered buyer of this material will get
:
-



Support
from webmaster via messenger
/email
. Registered buyer will get to
communicate with the webmaster online

for any queries



Group meeting and training on features, as and when required.



Get
register
ed

at
http://nasuha.com/jom16/index.php/en/register

with webmaster
’s

domain for ‘list of consultants available’



Charges to client is up to the consultant to specify and fixed



Tap over 20year
s
IT
experience of hands on webmaster experience for consultation.



Meeting over progress and marketing strategies for moving to the fast lane and making
more money

out of this incredible product



Buyer can edit the content of this material and resell it at

your price with prior consent
from the webmaster.

How to make money from
Online accounting software

6




Softcopy of the User guide at member’s price



This write

up is made simple for you as
a
consultant to grasp fast and start right

away.
We will move together from here and support you along the way to make
it a success.

About this Wave product


http://www.youtube.com/watch?v=ilf4cv5
-
9
-
w&feature=related

Wave
Review

by an accounting professional

http://www.youtube.com/watch?v=aYW2A_Kl0qk



How to make money from
Online accounting software

7


Product summary
:
-


About security

of the application




How to make money from
Online accounting software

8




The dashboard




How to make money from
Online accounting software

9


You as the consultant get to charge the customer for your services and time. You fixed your
price



Snapshot




How to make money from
Online accounting software

10


The bills and invoices


Smart online application

that does the work for you.




How to make money from
Online accounting software

11


The features
:
-






How to make money from
Online accounting software

12


Its easy to use


Categorize transations


How to make money from
Online accounting software

13


Setting up the company profile in wave
.

In wave, this is where we setup the company information,fiscal period and currency. It is easy
to do
and fast set up
. Y
our clerical staff ca
n do it for the organisation but we need the
accountant to verify. J
ust before we kicked off to implement the application

please make sure
that the setup is done right

and remember What started Right will end up
Right
.


How to make money from
Online accounting software

14







How to make money from
Online accounting software

15



Another beautiful feature is the multiple World Currencies

as shown below:
-








How to make money from
Online accounting software

16


Setting Up Accounts

The Screenshot below explains the
Account

details



The guide for adding an account is as follows

in the defined
hierarchy
.

How to make money from
Online accounting software

17



The other good features is the account list can be exported out to excel,comma separated
value file and pdf format


Default account that was setup by Wave
http://nasuha.com/wavecoa.pdf

Setting Up

Customers

The Screenshot below explains the Customer details

How to make money from
Online accounting software

18



How to make money from
Online accounting software

19





How to make money from
Online accounting software

20


Setting Up Vendors

The Screenshot below explains the
Vendor

details


How to make money from
Online accounting software

21



How to make money from
Online accounting software

22



Creating Invoices

This process is done at the Add Customer screen.The

good features about creating a new
invoice in this screen is that the product item lines can be added right here. Adding and
deleting of detail item lines is a simple task. New product codes can be maintained here. In
summary, invoice creation is simple,
flexible,user friendly and take

less time for data entry.

Upon saving the invoice,there is also an option for user to sent invoiced to client via
email,which was setup in the customer information.

Below are the screenshots for invoice creation.

How to make money from
Online accounting software

23



Click on

the ‘create an invoice’ in the above screen and proceed with the product details:
-


Users have the option of creating a new product or choosing an existing product

How to make money from
Online accounting software

24




If the user choose to ‘Save and Send’ the next screen follows which allows the user to

sent an
invoice to the client.

This is an example of invoice tailored for homestay Owners
http://nasuha.com/homestayinvoice_1205001.pdf

How to make money from
Online accounting software

25













How to make money from
Online accounting software

26


Invoices created by the user can also be paid within the same data entry screen
. The payment
account is a drop

down list for the user to choose.


Creation of bills.

Expenses are entered through the bills data entry screen as shown below:
-


These are
products in the item line for bills that the user created. New products can be added
dynamically in this bill entry
-

data entry screen.

How to make money from
Online accounting software

27



How to make money from
Online accounting software

28



At the end of entering all the bills, user can view all the bills as shown in the screenshot below.


Company dashbo
ard versus Personal dashboard

Users will be able to identify whether the information is company or personal by selecting the
menu option on top
.

This is company account.

How to make money from
Online accounting software

29



This is Personal

Account
.


When we are done with the accounting transaction, the re
porting features available in wave
makes our life easier.

Now the screenshot for reporting.

Reporting screen



How to make money from
Online accounting software

30





How to make money from
Online accounting software

31





How to make money from
Online accounting software

32


Other alternative

solution

You should also consider some other accounting solution for micro business
.Some

are paid and
some are free to use.




How to make money from
Online accounting software

33





How to make money from
Online accounting software

34


Here are some considerations
you should be thinking of
before deciding on an online
accounting solution.
The table below identifies the features between available accounting
solution




How to make money from
Online accounting software

35


Choosing the best
accounting software



Here are some skills and attributes that will come in handy if you are thinking of creating your
own website.
Tools that
I am familiar with to deliver my work

and you can FAQ me about how
to use it

:
-

How to c
-
panel

to manage your
hosting site

How to nvu
to edit your html document and explore other user’s
front page like
index.html

How to filezilla


to ftp files from your local pc to the server and vice versa


How to gimp
–
another
graphic editor

editor

to manage your banner and image files


How to make money from
Online accounting software

36


How to vi editor

, I am a unix based developer and cannot live without vi

How to pdf your documents
, the standard in the distribution of files on the internet world.
Regardless of what operating system they used ado
be will always read pdf.

How to publish online.
In my case I am using CMS
–

joomla to publish my document

to reach
you


About the Author
-

After more than 20 years in the IT industry I decided to do freelancing programming. My skillset

is RDBMS ,Informix and Oracle.

M
y

operating system is

hpux/linux
/windows

platform
. My
strength and specialty is developing
accounting application
in Informix 4gl,4J
s development
tools
-
Genero. Data Integration in and out of your existing system.

I also do contract IT job
depending on the skill

set required by the client.

In 2010, I quit my full
-
time job and started working on my Internet
business
full
-
time. This was
the best career and personal life decision I’ve ever made.

You can reach me at my

SKYPE id
csm.fuad


Any queries
you
can contact me at
webmaster@nasuha.com


Register as waveacco
u
nting user
now
at

www.waveaccounting.com

How to make money from
Online accounting software

37