Whois & Analysis for freeagent.com

Accounting software describes a type of application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, general ledger, payroll, and trial balance.

It functions as an accounting information system.

It may be developed in-house by the organization using it, may be purchased from a third party, or may be a combination of a third-party application software package with local modifications.

Accounting software may be on-line based, accessed anywhere at any time with any device which is Internet enabled, or may be desktop based.

It varies greatly in its complexity and cost.

A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of general consumption tax that is collected incrementally, based on the surplus value, added to the price on the work at each stage of production, which is usually implemented as a destination-based tax, where the tax rate is based on the location of the customer.

VATs raise about a fifth of total tax revenues both worldwide and among the members of the Organisation for Economic Co.operation and Development (OECD).

As of 2014, 160 of the world's approximately 193 countries employ a VAT, including all OECD members except the United States.

A property tax (or millage tax) is a levy on the value of a property.

The tax is levied by the governing authority of the jurisdiction in which the property is located.

This can be a national government, a federated state, a county or geographical region or a municipality.

Multiple jurisdictions may tax the same property.

This is in contrast to a rent and mortgage tax, which is based on a percentage of the rent or mortgage value.

See also Voucher: an invoice is within the European union primarily legally defined by the EU VAT directive as an accounting voucher (to verify tax and VAT reporting) and secondly as a Civil law (common law) document.

Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy varies depending on the country and industry.

Small businesses range from fifteen employees under the Australian Fair Work Act 2009, fifty employees according to the definition used by the European Union, and fewer than five hundred employees, to qualify for many U.S. Small Business Administration programs.

While small businesses can also be classified according to other methods, such as annual revenues, shipments, sales, assets, or by annual gross or net revenue or net profits, the number of employees is one of the most widely used measures.