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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 accounting characteristic


Attributes of Sarbanes-Oxley Tool Sets Part Two: Information and Communication, Monitoring, and Startup Tips
An earlier article, Audit Considerations for Enterprise Software Implementations, included a brief discussion of the use of computer-based tool sets and

accounting characteristic  as a record of accounting events and transactions. Provide alerts or warnings for appropriate internal management of activities not meeting the business model or new regulations coupled with instantaneous reporting and documentation of these alerts/warnings. Monitoring Monitoring consists of the process that assesses the quality of internal control performance over time. A control system needs to be monitored to ensure that it continues to operate effectively and as intended. Without continual and

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Small Business Software (SBS)

The Small Business Software (SBS) evaluation model targets functional requirements for fully featured solutions designed to support all business requirements of a typical small business. Extending beyond mere accounting functions, it is primarily applicable to those businesses for which full-scale ERP software may be too complex or cumbersome. However, the model of SBS solutions includes all the essential categories such as General Ledger, Accounts Payable (A/P) and Accounts Receivable (A/R), Payroll, Job and Project Costing, Multinational Accounting, Light Manufacturing, Inventory, Technology, and much more. 

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Documents related to » accounting characteristic

The Benefits of Next-generation ERP


Rapid changes in the market and in customer needs mean small to medium businesses (SMBs) must work harder to stay competitive. Setting and achieving goals in this economic environment is increasingly difficult. Upgrading to a next-generation enterprise resource planning (ERP) can be a way to manage change—and even benefit from it. Learn more about how to customize an on-demand ERP solution that’s right for you.

accounting characteristic  charts of accounts Cost accounting based on budgets Manage costs based on projects and project activity codes   Inventory Management   Material Management   Various material types Track materials based on customer’s inventory codes Alternative materials Consignments Dynamic unit of measure and dimension definitions Supplier relations and codes Advanced warehouse management Diverse costing methods (FIFO, LIFO, Average of Inputs, Average On Hand, Periodic Average) Inventory level control by warehouse Read More

PeopleSoft Revamps World for Its Mid-Market "Express" Conquest Part One: Recent Annoucements


Amid an intensifying hullabaloo in the mid-market, with all tier one players delivering solutions tailored for small-to-medium enterprises (SMEs) and incumbent tier one and tier three vendors defending their turf, PeopleSoft seems to have thrown another strike by utilizing its acquisition of former J.D. Edwards.

accounting characteristic  to the cash basis accounting functionality. Human Capital Management (HCM)—The product meets new regulatory requirements for SUI (State Unemployment Insurance) and provides employers with faster, more accurate assessments of employee benefit and accrual amounts. Integration with PeopleSoft Enterprise Performance Management ( EPM )—New integration between the PeopleSoft Enterprise and PeopleSoft World products consolidates customer data from PeopleSoft World onto PeopleSoft's enterprise warehouse. As Read More

Six Game Changers about SaaS


For many manufacturers, implementing on-premise enterprise resource planning (ERP) systems involves delays, unexpected costs, and unsatisfying results. But over the last decade, the innovative software-as-a-service (SaaS) delivery model has evolved to let manufacturers move beyond traditional enterprise software. Learn how SaaS solutions can deliver ERP integration, ease of use, and up-to-date functionality.

accounting characteristic  shop floor, or the accounting manager viewing global account receivables in a custom dashboard. Capturing and validating data at the point of origination makes for timely, accurate and, therefore, actionable information for all other users in the enterprise. 3) Real Process Improvement Implementing an ERP system is a high-value opportunity to drive out costs. Instead of simply implementing software to mimic existing processes, Plex Online gives cause for real process improvement, and in this way changes Read More

Vendor Articulates Message and Vision for Product Lifecycle Management


SAP has developed some crucial themes as it moves forward with their PLM vision and solution strategy. Product development lifecycles are shrinking, and managing the innovation process is becoming a broader requirement of manufacturers and retailers alike.

accounting characteristic  phase-based process methodologies; multilevel accounting; and integrations with human resources management (HRM), supplier relationship management (SRM), resource and portfolio management (RPM), financials, document management, and quality management. SAP xApp Resource and Portfolio Management ( SAP xRPM ), which allows for portfolio hierarchies, reviews, prioritization, scoring, and financial impact. Lifecycle process management : product development, development collaboration and strategic sourcing, Read More

Banking Industry's Fair Value Accounting (FVA) Conundrum


Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value, while vehicle values decrease. In the US, as in most countries, the global crisis has resulted in declines in the real-estate market and employment sectors. These declines result in housing and business property holdings dropping

accounting characteristic  Industry's Fair Value Accounting (FVA) Conundrum Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value, while vehicle values decrease. In the US, as in most countries, the global crisis has resulted in declines in the real-estate market and employment sectors. These declines result in housing and business property holdings dropping in market value. Some unemployed households are obliged to walk away Read More

Cost Accounting Primer


Whether you’re familiar with the world of accounting or not, understanding the basic concepts and principles of accounting functions can give you an essential edge in the competitive manufacturing sector. This in-depth guide, complete with glossary, takes you through the step-by-step process of cost accounting for manufacturers—from prototype manufacturing, shipping, and full production, through to financial reports.

accounting characteristic  Accounting Primer Whether you’re familiar with the world of accounting or not, understanding the basic concepts and principles of accounting functions can give you an essential edge in the competitive manufacturing sector. This in-depth guide, complete with glossary, takes you through the step-by-step process of cost accounting for manufacturers—from prototype manufacturing, shipping, and full production, through to financial reports. Read More

Finance and Accounting Software Buyer's Checklist


And the smb finance and accounting checklist can help you with both.

accounting characteristic  and Accounting Software Buyer's Checklist If you're interested in a new finance and accounting software package for your company, how can you make sure you get the right one? One way is to know which questions to ask, and what angles to consider. And the SMB Finance and Accounting Checklist can help you with both. Here you'll find a list of things to think about—and ask about—before you commit to any new finance and accounting software. Like, how big is your budget? What kind of reporting tools Read More

Top Accounting Software Comparisons 2010


To find out, simply use TEC's Accounting Software Comparison Reports to compare any three accounting solutions of yourchoice.

accounting characteristic  Accounting Software Comparisons 2010 There were a lot of new accounting solutions introduced or updated in 2010, and here's your chance to compare them—quickly and easily. Some of the big names include NetSuite, SAP, Microsoft, Cougar Mountain Software, Sage, Pronto Software, Deltek Software, Exact, Intuit, UNIT4, and Open Systems Inc.—but there are dozens more top systems from lesser known brands. Which one is best for your organization? To find out, simply use TEC's Accounting Software Comparison Read More

Microsoft to Add "Encore" Functionality to MBS Great Plains 8.0 Part One: Event Summary


By adding nonprofit and public sector accounting capabilities to the forthcoming MBS Great Plains 8.0 release via acquiring a former independent software vendor (ISV) partner Encore Business Solutions, Microsoft Business Solutions (MBS) may find a way to counteract its archrival Best Software's superiority in the target market.

accounting characteristic  announced the acquisition of accounting products from a Winnipeg, Manitoba, Canada-based vendor, Encore Business Solutions , Inc ., that could be critical to the success of the customers and partners in the public sector. The acquisition includes Encore's not-for-profit (NFP) accounting products and the intercompany payables management and requisition management modules, some of which have currently been sold by MBS under an original equipment manufacturer (OEM) agreement with Encore. Namely, the only Read More

Geac Upgrades Accounting And Human-Resources Apps -- SQL Release 6.0 Simplifies Purchasing And HR Services For Midsize Companies


Geac SmartEnterprise Solutions released an updated version of its human resources and accounting applications for midsize companies at the beginning of January. SQL Financials and HR Release 6.0 are available immediately, as are a set of employee self-service applications that integrate with the suite. Geac SmartEnterprise, a division of Geac Computer Corp., acquired the SQL suite last year from Clarus Corp.

accounting characteristic  Upgrades Accounting And Human-Resources Apps -- SQL Release 6.0 Simplifies Purchasing And HR Services For Midsize Companies Event Summary Geac SmartEnterprise Solutions released an updated version of its human resources and accounting applications for midsize companies at the beginning of January. SQL Financials and HR Release 6.0 are available immediately, as are a set of employee self-service applications that integrate with the suite. Geac SmartEnterprise, a division of Geac Computer Corp., Read More

Navigator Business Solutions Navigator One for SAP Business One (v88) for Accounting Certification Report


Navigator One for SAP Business One (v88) is now TEC Certified for online comparison of accounting software in TEC's Evaluation Centers. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

accounting characteristic  Business One (v88) for Accounting Certification Report TEC Accounting Product Certification Report: Navigator One for SAP Business One (v88) If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. TEC specializes in impartial and quantifiable software selection. Our unique Web-based technology allows us to deliver a variety of software evaluation and selection services online, and to deliver results in far less time than traditional consulting Read More

Deacom Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Process ERP Certification Report


The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for process manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

accounting characteristic  Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Process ERP Certification Report The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for process manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More

POLL: Is Cloud-based Accounting/Financial Software Right for You?


TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to the questions below will help us keep the guide focused on the needs of real-world accountants, financial managers, IT specialists, and other professionals.{democracy:70}{democracy:71}{democracy:72}{democracy:73}{democracy:74

accounting characteristic  on cloud-based finance and accounting software. Your responses to the questions below will help us keep the guide focused on the needs of real-world accountants, financial managers, IT specialists, and other professionals. {democracy:70} {democracy:71} {democracy:72} {democracy:73} {democracy:74} Thanks for taking the time to participate in this TEC poll. The Financial Packages Buyer’s Guide is due out in December. We’ll make an announcement on this blog as soon as it’s published. Read More

Project-oriented versus Generic GL-oriented ERP/Accounting Systems


Caught between big-vendor ERP offerings requiring heavy customization, and off-the-shelf project management solutions that are easily outgrown, project-oriented organizations have special accounting needs. Find out more about those needs, along with recommendations for what solutions you should be taking a closer look at.

accounting characteristic  many project-specific business and accounting requirements including the need to track costs and profitability on a project-by-project basis, to provide timely project information to managers and customers, and to submit accurate and detailed bills/invoices, often in compliance with complex industry-specific and regulatory requirements. Yet, traditional generic GL-oriented accounting systems have not been designed with project phases, work breakdowns or detailed time capturing in mind, and thus, they can Read More