sanamac
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free on demand accounting software
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What
is sanamac.com?
sanamac is an on demand accounting software, which can be accessed from anywhere
in the world.
If you have a personal computer and internet connection, you can use sanamac.com.
How much does sanamac.com cost?
sanamac.com is free for everyone, but for companies.
If you are an individual and/or a family, and you want to manage your finances,
here is a software absolutely free of cost.
If you are a company(even a proprietorship), you can pay a nominal fee either
monthly or yearly. see
pricing
for further details.
When sanamac.com?
sanamac.com was previously known as AccountsMAC and it was not a mature product
for global consumers.
First version of sanamac.com is planned to be released by end of 2008.
How sanamac.com?
sanamac.com is a software deployed, hosted and published in internet.
sanamac.com is a web based software hosted in a secure data center environment
in USA.
Why sanamac.com?
It is time for all the software in the world to become hosted. In those lines,
sanamac.com is for accounting and book keeping either for companies or for
individuals too.
Who are the users of sanamac.com?
sanamac.com is for everyone and not just for accountants.
What is SaaS?
Software as a service (SaaS, typically pronounced 'Sass') is a model of software
deployment where an application
is hosted as a service provided to customers across the Internet. By eliminating
the need to install and run the
application on the customer's own computer, SaaS alleviates the customer's
burden of software maintenance,
ongoing operation, and support. Using SaaS also can reduce the up-front expense
of software purchases,
through less costly, on-demand pricing. From the sofware vendor's standpoint,
SaaS has the attraction of
providing stronger protection of its intellectual property and establishing an
ongoing revenue stream.
The SaaS software vendor may host the application on its own web server, or this
function may be handled
by a third-party application service provider (ASP). from wiki.
What is "on demand"?
Anything that is provided as needed is "on demand". This is another word used
widely in the market,
instead of SaaS based software.
Basics of accounting and personal
finance:
What is accounting?
To simply put it - Accounting is systematic recording, reporting, and analysis
of financial transactions of a business.
What is accounting software?
The software to help company or a family/individual to manage the accounting.
What is personal finance?
Personal finance is the application of the principles of finance to the monetary
decisions of an individual or family unit.
It addresses the ways in which individuals or families obtain, budget, save and
spend monetary resources over time,
taking into account various financial risks and future life events. Components
of personal finance might include
checking and savings accounts, credit cards and consumer loans, investments in
the stock market, retirement plans,
social security benefits, insurance policies, and income tax management - from
wiki
What is budget?
A Budget is a plan that outlines an organization's
financial and operational goals. So a budget may be thought
of as an action plan; planning a budget helps a business allocate resources,
evaluate performance,
and formulate plans.