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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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 gp accounting definition


Business Case - Metro Canada Logistics
Metro Canada Logistics, a third party provider of warehousing, transporatation, and related logistics services streamlines accounting processes with the help of

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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

Discrete Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection. 

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Business Intelligence


The ability to extract and present information meaningfully is vital for business management. Indeed, business intelligence tools enable companies to make better decisions, by providing the right information to the right people at the right time. Moreover, employees increasingly suffer from information overload, and require solutions that make informed decisions a more natural part of the everyday work experience.

gp accounting definition  SmartList in Microsoft Dynamics GP is another reporting tool that you can use to organize and present data from the accounting system. You can display lists of records from a specific category, such as Customers or Purchase Orders. You can apply search criteria to limit the results to only the records of interest. You can determine which columns should be displayed, as well as the order of the columns. After you've set up a SmartList search, you can add it as a SmartList favorite, so that it can easily Read More

Enterprise Resource Planning for Services: Has Software as a Service Become Service-oriented Architecture for Small to Medium Businesses?


In the past, enterprise resource planning (ERP) initiatives were far too costly for smaller organizations to consider. However, a trend has recently emerged where software vendors are now offering software-as-a-service business models for ERP implementation to even the smallest organizations.

gp accounting definition  project accounting capabilities. Dynamics GP offers a light ERP system that delivers mostly back-office functionality. For larger organizations, Dynamics AX offers stronger back-office capabilities with the deeper ERP functionality required for more complex organizations, such as those in the upper mid and enterprise markets. Microsoft delivers its SaaS model for these products through its SPLA partner program, which allows service providers to deliver Microsoft solutions through an online subscription Read More

A Semi-open Source Vendor Discusses Market Trends


A response to trends in the open source software market comes this time from relative newcomer provider xTuple. This vendor’s footprint isn’t entirely in the open source door, however, with OpenMFG, its commercially licensed solution with an open source infrastructure.

gp accounting definition  products ( Microsoft Dynamics GP or Microsoft Dynamics NAV ) or from Sage MAS 90/Sage MAS 200 . Sometimes it is SAP Business One , sometimes an Infor ERP product ( Infor VISUAL or Infor SyteLine ), a Consona ERP product ( Made2Manage or Intuitive ), or an Epicor ERP product ( Epicor Vista or Epicor Vantage ). And still, a month does not go by where xTuple does not face competition from some obscure product it has never heard of before. On the other hand, the free PostBooks product, which is quite light Read More

Application Giants in Duel and Duet for Users’ Hearts, Minds … and Wallets


While SAP and Microsoft are concurrently partnering for certain initiatives, they are still dueling about who is bigger, better, smarter, whose user screens are prettier and more user-friendly, and so on. But the major question is whether the market and users are ultimately going to be better for it.

gp accounting definition  Thus, Dynamics SL and GP users are probably sighing with relief, given some pundits' speculations that these, primarily North American products, will be subsumed by their more globally used siblings Dynamics NAV and AX. This is certainly not going to happen any time soon (if ever), given the enhancements to their interfaces, their solid accounting structures, and the fact that these solutions are integrated, adaptable business management solutions that help executives, managers, and staff more easily Read More

Sage BusinessVision Accounting


Sage BusinessVision 50 Accounting (formerly ACCPAC) is intended for high-transaction, heavy user load situations. Capturing the technological benefits of Sage BusinessVision 50 Accounting with an SQL engine, the program's eighteen integrated modules can be further enhanced with a variety of add-ons. Up to one hundred users can be supported simultaneously. In addition to new utilities in the general ledger module, Sage BusinessVision 50 Accounting is designed to be "fault tolerant," performing the reading and writing of data files under controlled conditions. System highlights include fully integrated real-time accounting, high security features, quick installation and setup for single or multiple companies, and custom up-to-the minute financial reporting.  

gp accounting definition  BusinessVision Accounting Sage BusinessVision 50 Accounting (formerly ACCPAC) is intended for high-transaction, heavy user load situations. Capturing the technological benefits of Sage BusinessVision 50 Accounting with an SQL engine, the program's eighteen integrated modules can be further enhanced with a variety of add-ons. Up to one hundred users can be supported simultaneously. In addition to new utilities in the general ledger module, Sage BusinessVision 50 Accounting is designed to be fault Read More

Microsoft Dynamics GP 10.0 for Human Resources Certification Report


Microsoft Dynamics GP 10.0 is now TEC Certified for online evaluation of human resources (HR) solutions in the Human Resource Management (HRM) Evaluation Center. 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.

gp accounting definition  Dynamics GP 10.0 for Human Resources Certification Report Microsoft Dynamics GP 10.0 is now TEC Certified for online evaluation of human resources (HR) solutions in the Human Resource Management (HRM) Evaluation Center. 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. BEG Read More

GP MaTe


GP MaTe uses a multitiered client/server architecture to provide open and integrated software solutions. It provides the information needed to manage daily operations, improve labor productivity, reduce maintenance costs, control inventory investments, and monitor preventive and predictive maintenance programs. Ad hoc query and reporting provide information without manually searching through standard reports.GP MaTe is available in multiple languages.  

gp accounting definition  MaTe GP MaTe uses a multitiered client/server architecture to provide open and integrated software solutions. It provides the information needed to manage daily operations, improve labor productivity, reduce maintenance costs, control inventory investments, and monitor preventive and predictive maintenance programs. Ad hoc query and reporting provide information without manually searching through standard reports.GP MaTe is available in multiple languages. Read More

Aim - Microsoft Dynamics GP


AIM Computer Solutions, Inc. is an industry leader in repetitive manufacturing solutions targeted specifically for the small to medium sized automotive supplier. We are committed to providing high quality cost effective solutions to assist our customers in maximizing their productivity and profitability. We pursue this commitment through an emphasis on continuous improvement, an on-going commitment to customer service excellence, and the promotion of new technology and industry standards. Because our automotive supplier vertical requires rapid responsiveness to OEM and Tier 1 EDI transaction, Barcode label and lot control requirements, we further commit ourselves to understanding, developing and deploying these requirements in an ongoing, responsive manner.

gp accounting definition  - Microsoft Dynamics GP AIM Computer Solutions, Inc. is an industry leader in repetitive manufacturing solutions targeted specifically for the small to medium sized automotive supplier. We are committed to providing high quality cost effective solutions to assist our customers in maximizing their productivity and profitability. We pursue this commitment through an emphasis on continuous improvement, an on-going commitment to customer service excellence, and the promotion of new technology and industry Read More

Integrity and Reliability = Trustworthy Accounting: Are You Sure You're Balanced?


Recent accounting scandals, highlighted by cases at Enron, Arthur Andersen, WorldCom, and Qwest, have emphasized the need for corporate governance, especially responsible corporate accounting. Not only must businesses use responsible accounting methods, but they must know that their methods are accurate. Small and mid-sized businesses must know the limitations of their current accounting software; understand the possible ramifications of system accounting balance failure; and take steps to guarantee the integrity, reliability, and accuracy of their systems. This white paper highlights the need to recognize problematic software accounting methods; minimize errors in account balance integrity, ledgers, and sub ledgers; and reduce the need for expensive rectification, to avoid serious legal ramifications.

gp accounting definition  and Reliability = Trustworthy Accounting: Are You Sure You're Balanced? Recent accounting scandals, highlighted by cases at Enron, Arthur Andersen, WorldCom, and Qwest, have emphasized the need for corporate governance, especially responsible corporate accounting. Not only must businesses use responsible accounting methods, but they must know that their methods are accurate. Small and mid-sized businesses must know the limitations of their current accounting software; understand the possible Read More

2011 Buyer's Guide to Accounting and Financial Software


Learn more about theadvantages of the new generation of finance and accounting systems in The 2011 Buyer's Guide to Accounting and Financial Software...

gp accounting definition  Buyer's Guide to Accounting and Financial Software 2011 Buyer's Guide to Accounting and Financial Software Is your organization using antiquated financial and accounting software? The answer is likely yes. Virtually every major financial and accounting solution can trace its roots to the late 1980s transition from DOS to Windows. Modern finance and accounting systems are now designed for today's Internet-driven, always-on, always-connected, fast-changing world. Learn more about the advantages of the 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.

gp accounting definition  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

The 2011 Buyer's Guide to Accounting and Financial Software


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gp accounting definition  2011 Buyer's Guide to Accounting and Financial Software Too often, finance professionals must contend with outdated financial and accounting systems that present spiraling overhead costs, functional limitations, and unnecessary risks. And that makes it challenging for them to respond to complex business issues such as frequent regulatory change and increased compliance challenges--as well as requirements for visibility across multiple entities, currencies, and tax and regulatory frameworks. Download Read More

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


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gp accounting definition  to Add Encore Functionality to MBS Great Plains 8.0 Part One: Event Summary Event Summary On April 27, Microsoft Corporation 's (NASDAQ: MSFT) Microsoft Business Solutions ( MBS ) division 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 Read More

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