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


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

define accounting  to work. Finally, you define the jobs themselves. Data Input and Cost Distribution Once a job has been launched, cost information will flow into it either directly or from other applications, such as payroll, accounts payable, and inventory. The key to the success of any job-related organization is allocating costs to jobs accurately and in a timely manner. Once the actual costs have been posted to a job, managers can control that job and bill for the work done. Job Control Small jobs are relatively easy

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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 » define accounting

10 Questions to Ask Your Finance and Accounting Software Vendors Before You Buy ERP


When conducting a mid-market enterprise resource planning (ERP) system comparison, there are several key questions that you should ask: How much should ERP software cost? What IT resources will be needed to implement it? But don’t stop there. The seas of ERP are vast, and navigating through the current market is not simple. Equip yourself with these questions before evaluating and interviewing vendors.

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Will the Real ERP Please Stand Up?


Scroll to bottom for contest details! Sometimes the software selection process reminds me of that children’s game, you know, the one where you blindfold the kiddies and they take turns stabbing you the donkey with rusty tacks. Oh, sorry, wait, no, that’s the software demo process. More on that in a future blog post. Software selection, now, that reminds me of that other

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Payroll: The Key to Activity-based Costing for Nurseries, Farms, and Greenhouses


Find out why activity-based costing (ABC) is the best solution to define your costs, accounts, and activities. In this paper, you will learn how a payroll-oriented ABC will help you make more accurate managerial decisions for your agribusiness.

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Managing Lean Manufacturing Using Microsoft Dynamics AX 2009


A supply chain management system (SCM) is a critical success factor for implementing lean manufacturing. The SCM system helps define product structure, costing information, financial information and reports and is a useful tool in the decision-making process.

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Accounting and Financial Packages Accreditation Report: GMS Accounting Management Software


This customer satisfaction report consists of how GMS, Inc., accounting automation software services provider of accounting management solutions integration and process optimization for nonprofits fared in the eyes of their client references.

GMS received accreditation from Technology Evaluation Centers (TEC) for completing the customer satisfaction survey program. The review process is based on client satisfaction survey ratings provided to TEC by GMS’ client references. The survey evaluated the overall satisfaction, quality of services received, and overall project evaluation of their real-life software implementation projects.

GMS helps organizations find the best way to conduct the following activities: activity-based costing, billing, cash management, compliance reporting, maintenance management, and payroll. GMS also provides services such as service level agreements (SLAs), mapping, implementation services and audits, data conversion, training, and others.

Get the full results of the client satisfaction survey on GMS Accounting Management Software in this software services provider review.

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9 Things to Look For in Lean Accounting Software for Manufacturers


I attended the Lean Accounting Summit in Orlando in September, and I’m still struck by the totally different attitudes of companies that choose lean transformation versus conventional non-lean companies. Lean thinking certainly isn’t new to the business community, but many managers and business influencers still have no clear understanding of lean. They typically pick and choose their lean

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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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SMB Finance and Accounting Checklist: What You Need to Consider Before You Buy


Making a list and checking it twice is a particularly good practice when picking a finance and accounting software solution. If you don’t find the right product for your company, you’ll just pay for the mistakes on the back end. But first you need to know which features your small to midsize business must have and which you don’t want. Get some tips that will help you create your finance and accounting checklist.

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An IFRS Fable: The Company That Waited Too Long


Many US companies find themselves acting like “Wait-and-See, Inc.” They interpret the switch from US Generally Accepted Accounting Principles (GAAP) to IFRS as a matter of compliance rather than an opportunity to become more globally competitive by improving key internal processes. But transitioning to IFRS offers many benefits beyond compliance. Find out what those benefits are, and how your company can harness them.

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Industry Vertical Alone Does Not Define the Supply Chain


Software vendors are now offering functionality specifically designed for various industries. And when selecting a supply chain planning (SCP) solution, it’s obviously important to take these solutions into account. However, this alone does not guarantee the best-fit solution for your business; it’s equally important to ensure that the solution is designed to address your specific supply chain issues.

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