Private Business Sectors

Target has been providing its services to non-governmental organizations for the last 14 years in the following area.

Accounting Software: As a partner to multiple small business software, Target has been providing training and implementation support of the introduction of computerized accounting system for many companies in Ethiopia engaged in Distribution, manufacturing, horticulture, transport and other service sectors.

Sage 50 is ideal for many companies. Many private companies are using pirate version of Peachtree. We strongly recommend clients to use a licensed and new version which accommodate transactions in billions of Birr, with full support for data error and lost password recoveries, installation (networking) and training services and including remote networking.
We have multiple companies in the flower farms and service who are happy in the use of QuickBooks. We have online versions for companies which would like to move to cloud and realtime options.

Financial Management System Development: We have all rounded financial management system support other than accounting software training and implementation. These includes provision of training to finance staff and development of financial policy and procedures, training. In addition, we develop cost accounting procedures for manufacturing and processing companies, especially those who are producing multiple products and services and when determination of product costs is vital or cost control, pricing and variance analysis. We customize chart of accounts and cost capturing patterns in line with the accounting software used by the client.

Business Training We have multiple training courses in business including in marketing, business planning, personal skill development, marketing, procurement and many more. We have IFC promoted training package called BusinessEdge.

IFRS Implementation: We provide training and implementation support on International Financial Reporting Standard (IFRS) Our service includes conducting gap assessments, development of action plans for implementation, development of solution proposals, implementation, assisting on the first time presentation of IFRS, consulting and supporting any required change in accounting system including chart of accounts, report designing in software, harmonizing of reporting requires for internal management decision, tax accounting, cost accounting and statuary reports.

Organization Strategy: We facilitate development of organizational strategy plan. We assisted many companies in developing their business strategy. Business strategy developments involves a thorough company diagnosis, business definition, strategic analysis and with active participation of companies management.

Feasibility studies: We prepare bankable feasibility studies and business plans based on real market research and taking into account the clients’ context