The One Page concept:

Some years ago I realized the very wealthy had accountants to look after their money and inform them of their opportunity dollars for saving and investing.

I wasn’t but that knowledge showed me the benefits of keeping track of financials. When I got into data basing around 1986 I slowly started developing my own accounting system as one would a cookie receipt for the family to have for the ages..

The goal was to have a quick and easy way to see all my financials as I add income and expenses without any stringent accounting rules to worry about but end up with a formal and auditable set of financials..

With Warthog Financials (WF) I was working with one report/page, both for analyzing and entering…Thus the name OnePageAccounting.com (1P).

The Components’:

The 1P at first glance is overwhelming BUT once you take control of the components it becomes a awesome site.

The Rapid Entry for People on the go.
Transaction and Navigation component

Income, Special/Cost of Sale and Cash Flow

Operating, Balance Sheet and Reconcile Engine

And then the Searchable DRILLDOWN

Assuming you want to take a test drive, let’s give you a map to do a transaction. The main components’ are:

• Income – All that is taxable

• Special Expenses – Of concern, i.e. Health Or Cost of Sale

• Operating Expenses – Variable, business or household

• Cash Flow – Composite of above plus loans, etc.

• Balance Sheet – Composite of above plus asset recording

• And the Drilldown for developing journals/ledgers of choice.

are all setup the same, except for color, with white spaces for data entry, solid are automatically calculated.

TYPICAL COMPONENT

Each has six columns:

1.        Account – Or Chat of Accounts

2.        Budgeted – What you think, desire or calculate

3.        Budget remaining percentage – Shooting for

4.        Enter Amount – For a specific transaction

5.        Total of SELECTED transaction(s) – Sums it up

6.        Percentage of sales (in all cases) – Puts all into proportion

REGISTRATION / LOGIN / SETUP / PAY:

NOW YOU ARE IN and you have the following choices:

1.        Make and try a Dashboard

2.        Pay (takes you off page and brings you back to continue.)

CLICK NEW IN THE TRANSACTION MENU (Shown later)

We “shoe horn” you into just eight sources of taxable income.. NONE TAXABLE will go into CASH FLOW

You also can put codes in one of four sub accounts, which gives you virtually any number of breakouts.

Example:

Account = Widget Sales

Budgeted = $235,000

Enter amount = $25,000

More about Sub Accounts later with Transaction Menu

SUB1 = Invoice # “10256”

SUB 2 = Model # “101”

CLICK NEW IN THE TRANSACTION MENU (Shown later)

We “shoe horn” you into just eight special/cost of sales.

You also can put codes in one of four sub accounts, which gives you virtually any number of breakouts.

Example:

Account = Widget Cost

Budgeted = $85,000

Enter amount = $100,000

More about Sub Accounts later with Transaction Menu

SUB 3 = Vendor Invoice# “56456”

SUB 2 = Model # “101” For when you search 101 (more Later)

CLICK NEW IN THE TRANSACTION MENU (Shown later)

We “shoe horn” you into just twenty Operating Expenses.

You also can put codes in one of four sub accounts, which gives you virtually any number of breakouts.

Example:

Account = Advertising

Budgeted = $5,000

Enter amount = $1,000

More about Sub Accounts later with Transaction Menu

SUB 3 = Vendor Invoice# “56006”

SUB 2 = Model # “101” For when you search 101 (more Later)

CLICK NEW IN THE TRANSACTION MENU (Shown later)

We “shoe horn” you into just nine in and eight out Cash Flow items

You also can put codes in one of four sub accounts, which gives you virtually any number of breakouts.

Example:

Account = Sales Tax Collected

Budgeted = $13,000

Enter amount = $1,200

More about Sub Accounts later with Transaction Menu

SUB 3 = Invoice# “10256”

Pre set accounts:

Cash In

Beginning Balance – If any

Total Income – Automatic from the income box

Borrowed – Use Sub account to define from whom

Transferred In – Short term cash flow from owner

Sales Tax collected – If you keep track

Capital Investment – Money put into business in exchange for ownership.

CLICK NEW IN THE TRANSACTION MENU (Shown later)

We “shoe horn” you into a preset set of accounts, which are fixed depending if you are on accrual or cash.

You also can put codes in one of four sub accounts, which gives you virtually any number of breakouts.

Example:

ASSETS

Cash – is automatic

Acct Receivable – can be either

Notes Receivable – Automatic

Prepaids – Automatic

Equipment – Automatic

Other Assts1 – Manual

Other Assets2 – Manual

Other Assets 3 – Manual

LIABILITIES

Accounts Payable – Can be Either

Loan Balance – Automatic

Other Current – Manual

Sales Tax – Automatic

Other Long Term – Manual

Transfer Balance – Automatic