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Software Functionality Revealed in Detail
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 general motors financial statements xbrl


The move to IFRS and XBRL
IFRS is an accounting standard dealing with global financial reporting. XBRL is an electronic language describing financial data according to global standards

general motors financial statements xbrl  embedded in their products. General Motors has indicated that it will wait to the last minute before implementing IFRS and thus XBRL. With today’s economic climate, the 2014 deadline to be fully IFRS standardized may be delayed to 2016—but nevertheless, IFRS is coming. Other US voices oppose conversion to IFRS and want the world to adapt GAAP standards. The world sees these voices as wanting globalization to be “Americanization.” When the US decided not to convert to the metric system, the problem

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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

Financial Packages RFI/RFP Template

General Ledger, Accounts Payable, Fixed Assets, Cost Accounting, Cash Management, Budgeting, Accounts Receivable, Financial Reporting, Project Accounting, Product Technology 

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Align Financial Processes and Systems for Better Business Value and Compliance


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This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system.

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Evaluating Financial Management Software: Is It Time for a Change?


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GMS Accounting and Financial Management System


The GMS Accounting and Financial Management/Reporting System integrates all accounting activity into an entity-wide system. The GMS Accounting system is not sold as separate modules, but rather as a package containing all the necessary functions to run your not-for-profit on a daily basis. Our underlying system design is entity-wide, providing you an integrated accounting system that performs all accounting activities. Systems are available in a 1–2 user version, a 3–4 user version, and a 5-or-more user version, either in Access or SQL Server applications. GMS has add-on software that can be purchased in addition to the basic package, including accounts receivable (AR), purchase orders (POs), direct deposit, fixed assets, and report writer. GMS also has a myriad of additional supplements to enhance your reporting features and that fit specific applications within your agency. GMS is designed to handle activity accounting. It is not a fund accounting system, but a grant and contract accounting system created and written specifically to account for grants, contracts, and activities. Key features include compliance with Financial Accounting Standards Board (FASB) 116 and 117 (requirements that all not-for-profit organizations follow); accounting, reporting, and budget monitoring for multiple grants and contracts, even if they have differing funding periods; multiple ways to handle important cost allocation issues for common costs, general and administrative costs, indirect costs, fringe benefits, leave costs, and various specialized cost pools; and a variety of ways to comply with all major Office of Management and Budget (OMB) Circulars. Our clients are exclusively not-for-profit and public organizations. They range in size from two to more than 1,000 employees.      

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Oracle E-Business Suite (12.1) for Financial Packages Certification Report


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Case Study: A Financial Products Company




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Spotfire Financial Analytics


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