New Small Business Accounting and Financial Reporting System for Windows now Available.

Electronic filing of W-2's and 1099's

If you have more than 250 employee's or contractors, then you must file your information electronically to the SSA and IRS.  If you don'twish to keep up with the changes made each year to the filing requirments, we can take your data in an Excel spreadsheet or in a text file format and prepare your files, and submit them for you.

Payroll processing - New Service

Save time and money, let Mastery Support process your payroll for you. We can do multiple company formats, direct deposit, quarterly filing of unemployment reports.

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Small Business Accounting and Financial Reporting System

Our Small Business Accounting and Financial Reporting System is the perfect tool for you to be successful in your client write-up practice.

Available for the IBM System i (AS/400) and PC networks.  The system includes general ledger and financial reporting that can be tailored for virtually any business.  The subsidiary systems you may use are after-the-fact payroll reporting, accounts receivable, accounts payable and 1099 reporting.  All sub-systems are a by-product of the transaction entry you do for general ledger and include extensive editing to assure accuracy.

Our system can automatically create reversing journal entries that you have identified in the previous period.
Our calculated recurring journal entries are unmatched in any system.  You can define calculated entries with multiple levels of calculation and even incorporate if/then/else logic.  Our calculated entries even take care of rounding differences so your journal entry always balances.
That's not all!  Our payroll and depreciation applications can pass transactions directly to SBAFRS and thereby reduce operator data entry effort.
The system's flexibility arises from it's unique design:
Quick Client Setup helps you get a client up and going.
The system will handle multi-company, multi-divisional and multi-departmental reporting
You set up and process each client independently, but you can also create a new client by copying from an existing client's account and financial statement formats.
You can create consolidated financial statements even if the charts of accounts are inconsistent between entities.
Report formats can be tailored independently of the sequence of the chart of accounts.  Easy creation of supporting schedules for all financial statements.
Rerun prior periods at any time for adjustments or republishing client statements.
Create Balance Sheets, Income Statements, Statement of Cash Flows and any number of other special reports.
Small Business Accounting and Financial Reporting System is the perfect tool for you to be successful in your client write-up practice.
Available for the IBM i5 series or PC networks.  The system includes general ledger and financial reporting that can be tailored for virtually any business.  The subsidiary systems you may use are after-the-fact payroll reporting, accounts receivable, accounts payable and 1099 reporting.  All sub-systems are a by-product of the transaction entry you do for general ledger and include extensive editing to assure accuracy.
Our system can automatically create reversing journal entries that you have identified in the previous period.
Calculated recurring journal entries are unmatched in any system.  You can define calculated entries with multiple levels of calculation and even incorporate if/then/else  logic.  Our calculated entries even take care of rounding differences so your journal entry always balances.
That's not all!  Our payroll and depreciation applications can pass transactions directly to SBA and thereby reduce operator data entry effort.
The system's flexibility arises from it's unique design
Quick Client Setup helps you get a client up and going.
System will handle multi-company, multi-divisional and multi-departmental reporting
You set up and process each client independently, but you can also create a new client by copying from an existing client's account and financial statement formats.
You can create consolidated financial statements even if the charts of accounts are inconsistent between entities.
Report formats can be tailored independently of the sequence of the chart of accounts.  Easy creation of supporting schedules for all financial statements.
Rerun prior periods at any time for adjustments or republishing client statements.
Create Balance Sheets, Income Statements, Statement of Cash Flows and any number of other special reports.
 
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