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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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 calculate construction work progress accounting


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

calculate construction work progress accounting  orders, allocate indirect costs, calculate estimated time to completion, calculate contract ceilings, compute revenue, bill customer, and report the project status. The process time and expense cycle would have the following steps: create project, create project workforce, enter timesheets by project, enter labor adjustments, enter travel expenses, apply project business rules, approve time and expenses, pay expenses and payroll, bill expenses and payroll, revenue recognition, and project status reports

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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

ERP for Services (Non-manufacturing)

Typically, ERP systems designed for services industries offer modules that provide back-office support, customer relationship management, time management, expense management, resource management, and project management capabilities. Depending on the vertical market, additional industry-specific functionality may be included to address unique business requirements. Consequently, project-centric systems for accounting, architecture, construction, engineering, and professional services industries will support project management functionality; whereas health care, field service, distribution, and government systems will support functionality unique to those vertical markets. 

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ERP Systems and the ETO Manufacturing Market Part Three: User Recommendations


Companies that are project manufacturers, engineer-to-order (ETO), build-to-order, jobbing shops or contract manufacturers should think carefully when selecting an enterprise resource planning (ERP) system. Given the maturity of the ERP market, its ongoing consolidation, and that fact that competitive advantage is hard enough for manufacturers to find, they should not compromise on their requirements.

calculate construction work progress accounting  elapsed time, given they calculate effort. For example, if a project is estimated to have one hundred hours worth of installation, it could mean one person deployed for one hundred hours, or that it could be deployed much quicker with a larger crew. Establishing and managing a critical path is the motherhood and apple pie of project management. Critical path is that set of activities that defines the duration of a project, and these activities have very little float or slack, usually zero, and thus a Read More

Managing Transaction Tax Audit Risk: How to Protect Precious Cash Flow by Proactively Addressing Audits


Even in the best economic times, businesses must be vigilant against unnecessary costs and risks. But not just businesses need to be vigilant—states and other tax authorities are feeling the same economic pinch, and are ready to seek out non-compliers with tax reporting. Get tips on how to survive sales and use tax audits, starting with understanding your exposure to audits and how to avoid them right from the start.

calculate construction work progress accounting  automated systems determine and calculate tax. Charging wrong rates. In 2008, there were over 1,100 tax rate changes across the US. Staying on top of these changes and instituting new rates at the right time is extremely difficult, especially when districts get re-aligned. The only good answer is to have real-time rates applied automatically from the day they are effective. History of audits and assessments. Bureaucracies have the memory of an elephant. Once flagged, you’re under the microscope for Read More

Meeting Intuit at Dreamforce 2012


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calculate construction work progress accounting  small businesses to quickly calculate taxes and withholdings so they can pay their employees with confidencee. Intuit Fasal , offered in India, which helps more than 1 million farmers get the best prices on their crops by delivering text messages that provide prices at local markets.     2. Enabling the Contributions of Others The second strategic element includes tapping into the innovations and contributions of customers, partners, and third-party developers. The company looks to address new Read More

Sales and Operations Planning Part Three: Game Plan Guidelines


Effective game plans lead to improved firm performance and bottom line results. Metrics include reductions in stock-outs, delivery lead-time, missed shipments, partial shipments, expediting efforts, and improvements in customer service. This is an excerpt from the book Managing Your Supply Chain Using Microsoft Navision.

calculate construction work progress accounting  calculations were customized to calculate projected daily usage rates for components and to generate Kanban cards for end-items and some intermediates. A customization provided an orderless approach to reporting end-item output. Only the item number and a completed quantity were reported, which then triggered auto-deduction of components from the floor stock bin locations. Case #20: S&OP by Job for Construction Material . A distribution company sold several product lines to the commercial construction Read More

Reimagine Work


Whether you’re ready for it or not, the future of work is now. The new way of work is multi-generational, multi-geographical, multi-cultural, location-agnostic, and device-independent. Work-team structures have morphed into more matrixed (vs. hierarchical) arrangements. And people have different expectations of how, where, and what they use to get their jobs done. With this new way of work, organizations need to understand that attracting and retaining the best talent at all levels requires being more in tune with employees’ wants and needs.

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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.

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Non-Traditional Hours: Key Strategies for Creating Flexible and Productive Work Schedules


Enabled by technology, more and more companies are now allowing—and, in some cases, requiring—employees to work flexible schedules. In this era of VoIP, Skype, cloud apps, and mobile devices, some employees really can be as productive (or more so) working off-site. The advantages for companies begin with more engaged, productive workers, and lower overhead costs. So know what you need to consider for flexible work arrangements and the golden rules for developing flexible work policies.

calculate construction work progress accounting  Charles B. Daye, John Cardella, Nicole B. Theophilus, Larry E. Ott, Marcia M. MacLeod, Ceridian HCM, ConAgra Foods, Inc., Meritor, Inc., WPX Energy, Skillsoft, human resources, HR, flexible work schedule Read More

Construction Industry Solutions Corp.


COINS leads the market in providing enterprise software and industry solutions for our chosen domains: construction and engineering, home building and property development, and facilities and service management. We are a global company with 50,000 users and more than 30 years' industry experience.

calculate construction work progress accounting  Industry Solutions Corp. COINS leads the market in providing enterprise software and industry solutions for our chosen domains: construction and engineering, home building and property development, and facilities and service management. We are a global company with 50,000 users and more than 30 years' industry experience. Read More

Your Reference Guide to SMB Accounting Software Features


This reference guide provides insight into the accounting features and functions currently available on today's market for small to medium businesses (SMBs). It will help you determine which features your organization needs—and doesn't need.

calculate construction work progress accounting  Reference Guide to SMB Accounting Software Features Originally Published - January 16, 2008 So, you're looking for an accounting system. This reference guide provides insight into the accounting features and functions currently available on today's market for small to medium businesses (SMBs). It will help you determine which features your organization needs—or doesn't need. You can also download an extended guide in Excel format at TEC's Accounting Software Request for Proposal (RFP) Template page . Read More

Financial and Management Accounting with SAP for Banking


Recent changes in accounting standards and compliance, along with greater emphasis on managing risk and value, have introduced new key measures of bank performance and made it more important to coordinate the internal and external reporting of financials and risk. To meet these challenges, banks must do their utmost to more fully integrate their accounting data and processes.

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GMS Accounting Management Software


GMS has been generating accounting software specific to not-for-profits since 1980. The GMS Accounting and Financial Management System is not a traditional commercial accounting or government fund package adapted for not-for-profit use. It is a grant and contract accounting system. In later years, GMS created the GMS Revolving Loan Servicing System for use in clients' offices that administrated revolving loan and other lending programs. GMS is a privately held company and is an employee stock ownership plan (ESOP). Our headquarters is located in Kensington, Maryland (USA), with six employees working at that location. The rest of staff is located throughout the USA in different states.

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Accounting Seed


Accounting Seed Financial Suite is an accounting and ERP application that is native to the force.com platform and fully integrated into Salesforce CRM. The application was designed by a team of certified public accountants, Force.com developers, and business process consultants. Accounting Seed Financial Suite is a horizontal offering providing all industries with a back-office accounting suite that includes project accounting, ERP, and robust financial reporting.  

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Making the Team Work


Early in the campaign, the important thing is to get all your team members on the same page, share available knowledge, and plan ways to gather other required information. The first few meetings should be formal, with a printed agenda, including clear goals and time constraints. This process, of course, is called "discovery."

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The 2011 Buyer's Guide to Accounting and Financial Software


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