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Software Evaluation Features and Functions

Before you can begin comparing enterprise software solutions, it's important to understand the features and functions that you need to run your business.Below, you'll find links to comprehensive models of features and functions for several types of enterprise software, accounting, asset management, business intelligence (BI), content management systems (CMS), enterprise resource planning (ERP), human capital management (HCM), product lifecycle management (PLM), product portfolio management (PPM), relationship management, and supply chain management (SCM). These feature/function models can help you better understand vendor offerings as you compare software solutions, including

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Requirements Features and Functions



  • Debits and credits have separate columns in the journal voucher entry screen

  • Adjustable start and end dates for determining debit and credit balances

  • User-defined or controlled close processing

  • More than one open period is allowed

  • More than one period can be open simultaneously

  • Initiates new year before closing previous year

  • Performs period-end closing multiple times, for trial purposes

  • Prior to close, multiple period-end closes can be performed

  • Splits general invoice amount into detailed categories for the acquisition of various items

Journal Vouchers Features and Functions
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