ManagePLUS Gold™ Supports QuickBooks Classes as Cost Centers and Profit Centers
MADISON, MO., September 1, 2011 - ManagePLUS Gold™ 3.0
for QuickBooks is a Microsoft Windows-compatible add-on for the popular
QuickBooks accounting program. This new ManagePLUS version adds a set of
features not available in any other QuickBooks add-on: full support for
cost accounting based on using QuickBooks classes as cost centers and profit
The Classes list gives QuickBooks users a way to relate transactions to
specific departments or areas of the business, like Office and Administration,
Manufacturing, or Packing & Shipping. But by itself QuickBooks can only
provide provide income and expense totals for classes, and QuickBooks users have
longed for a way to use the Classes feature for true cost accounting.
That means being able to identify classes as cost centers and profit centers,
allocate costs from cost centers to profit centers, and get class-specific
profit and loss reports which include the allocated amounts.
ManagePLUS Gold 3.0 delivers all of these cost accounting capabilities, with
the following features:
- The ability to mark QuickBooks classes as cost centers or profit
- Easy allocation from cost centers to profit centers, via a simple
- Allocations can be based on user-entered percentages or on "management
quantities" associated with the target classes, such as labor hours
used, miles driven, tons/gallons/bushels produced, etc.
- Allocations "cascade" to all affected classes. So if
class A gets partly allocated to class B, B to C, and C to D, then class A
will have contributed to the amount allocated to D.
- Allocations recalculate instantly, for immediate feedback on the
target classes will be affected.
- Once allocation formulas (percentages, etc.) have been set up, they
can be automatically reused in subsequent accounting periods/years,
- Account balances can be assigned to classes using the same
approach. This means income and expense balances can be split among
classes at the end of an accounting period, without entering any
QuickBooks transactions, and without Journal entries nor any need to
understand debits and credits.
- A special Profit Analysis report type shows income and expense
amounts assigned directly to a class, as well as allocated amounts, in
separate report sections.
- Lots of "little things" add ease of use and flexibility:
color coding of cost centers and profit centers in windows and on reports,
constantly updated allocation statistics, exporting to Microsoft Excel, and
ManagePLUS Gold is a new advanced-feature version of the existing ManagePLUS
for QuickBooks software product. It adds cost accounting capabilities to the
solid base of features found in ManagePLUS, including support for entering two
quantities in QuickBooks transactions (i.e., weight and count), quantity
math, automatic quantity statistics, per-unit information (average
selling or purchase price per pound/ton/each, etc.) and unit-of-measure
labeling on reports, and many others.
The goal of ManagePLUS and ManagePLUS Gold is to provide as much management
information as possible, with the least effort, wherever classes are used in
QuickBooks transactions. ManagePLUS Gold is a valuable addition in any business
that uses the Classes feature of QuickBooks.
$229 (US) per single-user license.
$129 (US) per single-user
* Reduced-price upgrades are available to current
|Supported QuickBooks versions:
U.S. Pro or Premier editions of QuickBooks 2003 and
later, and QuickBooks Enterprise Solutions 3.0 or higher.|
UK QuickBooks 2004 or later.
Canadian QuickBooks 2004 or later.
||Microsoft Windows XP or later.|
15 mb. hard drive space.
Any computer which can run the above QuickBooks
versions can run ManagePLUS.
|Free trial version:
||An unrestricted 30-day free trial
version can be downloaded from: http://www.goflagship.com/dnloads/mpdownld.htm
or can be purchased on CD for a nominal fee.|
| Web page:
|Documentation and support
||A complete Help system installs
with the software.|
Printable manual available for free download.
Web-based articles and videos.
User support is by email, and Web-based user forums.
About the company:
Flagship Technologies, Inc. is a developer of QuickBooks add-on and enhancement
software, as well as a publisher of books and training materials for QuickBooks,
managerial accounting, and related topics. The company has been in business
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14976 Monroe Road 1039
Madison, Missouri 65263