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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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 financial accounting principles 2nd edition


Enterprise Applications--The Genesis and Future, Revisited Part One: 1960s--Pre-Computer Era
Knowing the history and evolution of enterprise applications is essential to understanding their current use and future developments. Each step in the evolution

financial accounting principles 2nd edition  as the inventory moves, financial accounting moves with it—in duplicate—with balanced credits and debits. After all, the principles of checks and balances and of double entry bookkeeping were established by old Venetians. Available information technology (IT) now had the power and was affordable enough to track this inventory movement and financial activity. As a result, the basic programs for manufacturing were integrated into one package using a common database that could be accessed by all users.

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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

Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.  

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Documents related to » financial accounting principles 2nd edition

Glossary of Enterprise Applications Terminology Part Two: Just-in-Time to Extensible Markup Language


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financial accounting principles 2nd edition  investment (ROI) : A financial measure of the relative return from an investment, usually expressed as a percentage of earnings produced by an asset to the amount invested in the asset. routing : Information detailing the method of manufacture of a particular item. It includes the operations to be performed, their sequence, the various work centers involved, and the standards for setup and run time. sales force automation (SFA) : Technology used to improve the efficiency and effectiveness of the sales Read More

The 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 this buyer guide for a comprehensive overview of how cloud computing can help, including a handy chart comparing software delivery models and vital tips for evaluating cloud solutions for finance and accounting.

financial accounting principles 2nd edition  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 this buyer guide for a comprehensive overview of how cloud computing can help, including a Read More

Customer Process Management Drives Profitability in Financial Services


As competition in the financial sector increases, many financial services providers are seeking ways to improve customer service and profitability through process efficiency. By developing rich integration between customer data and allowing that data to be managed by the business users, customer process management (CPM) enables financial services organizations to adapt to changing market demands and maximize their competitive edge.

financial accounting principles 2nd edition  Management Drives Profitability in Financial Services As competition in the financial sector increases, many financial services providers are seeking ways to improve customer service and profitability through process efficiency. By developing rich integration between customer data and allowing that data to be managed by the business users, customer process management (CPM) enables financial services organizations to adapt to changing market demands and maximize their competitive edge. Read More

Integrating Actuals into Financial Plans


Integrating actuals into the planning cycle is usually a zoo. Financial and operating results are spread across multiple databases. Actual results and plan details are at different levels. Lack of underlying volumes and rates makes meaningful causal analysis difficult. Discover financial planning and analysis software that lets you fully integrate actuals, and plan using driver-based planning and reporting.

financial accounting principles 2nd edition  Actuals into Financial Plans Integrating actuals into the planning cycle is usually a zoo. Financial and operating results are spread across multiple databases. Actual results and plan details are at different levels. Lack of underlying volumes and rates makes meaningful causal analysis difficult. Discover financial planning and analysis software that lets you fully integrate actuals, and plan using driver-based planning and reporting. Read More

SAP ERP: Financial Packages Competitor Analysis Report


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.

financial accounting principles 2nd edition  ERP: Financial Packages Competitor Analysis Report 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. Read More

Data Pro Accounting Software


Data Pro Accounting Software, Inc., privately owned, is based in St. Petersburg, Florida and was originally incorporated in June of 1985. The goal of the corporation has always been to develop and market a full line of accounting software products for a wide range of market segments, on a broad spectrum of operating systems environments such as DOS, Windows and UNIX.

financial accounting principles 2nd edition  Pro Accounting Software Data Pro Accounting Software, Inc., privately owned, is based in St. Petersburg, Florida and was originally incorporated in June of 1985. The goal of the corporation has always been to develop and market a full line of accounting software products for a wide range of market segments, on a broad spectrum of operating systems environments such as DOS, Windows and UNIX. Read More

Accounting Software Selection Challenge #3: Microsoft vs. Infor (Difficulty = Basic)


I just want to make a quick point to address a popular software selection misconception. Here’s the misconception:  “The best accounting package for my business is the software that supports the most comprehensive breadth of accounting functionality.” And below are a couple of graphics from TEC Advisor (based on a hypothetical accounting software selection project) that show why this

financial accounting principles 2nd edition  Software Selection Challenge #3: Microsoft vs. Infor (Difficulty = Basic) I just want to make a quick point to address a popular software selection misconception. Here’s the misconception:   “The best accounting package for my business is the software that supports the most comprehensive breadth of accounting functionality.” And below are a couple of graphics from TEC Advisor  (based on a hypothetical accounting software selection project) that show why this is flat-out wrong (click to Read More

Employee Fraud within Financial Services


Financial service institutions spend thousands of dollars every year on securing their networks from external breaches, but often fail to think about possible internal threats. Employee fraud has become a growing problem in the financial sector—one that many institutions are not fully prepared to handle. Implementing automated detection technologies, however, can be their first line of defense to eradicating this problem.

financial accounting principles 2nd edition  Fraud within Financial Services Financial service institutions spend thousands of dollars every year on securing their networks from external breaches, but often fail to think about possible internal threats. Employee fraud has become a growing problem in the financial sector—one that many institutions are not fully prepared to handle. Implementing automated detection technologies, however, can be their first line of defense to eradicating this problem. Read More

Risks of Using Excel as a Financial Planning Tool


Structured planning can make all the difference to your business’s growth. But are you using the right tools? Spreadsheets may not be meeting your financial management and budget planning needs. Find out the risks of using spreadsheets as a planning tool, and how enterprise performance management can help consolidate your departments’ financial information and budgets to give you real-time views of business performance.

financial accounting principles 2nd edition  Using Excel as a Financial Planning Tool Structured planning can make all the difference to your business’s growth. But are you using the right tools? Spreadsheets may not be meeting your financial management and budget planning needs. Find out the risks of using spreadsheets as a planning tool, and how enterprise performance management can help consolidate your departments’ financial information and budgets to give you real-time views of business performance. Read More

Financial Mobility-Balancing Security and Success


No financial services company can afford to relax when it comes to IT security. Banks, investment firms, and insurance providers must follow government regulations, to ensure a secure environment for processing, storing, and transmitting credit card information. At the same time, most companies need mobile technology to compete. Know how to provide financial services mobility while ensuring that no breaches occur? Read more.

financial accounting principles 2nd edition  Security and Success No financial services company can afford to relax when it comes to IT security. Banks, investment firms, and insurance providers must follow government regulations, to ensure a secure environment for processing, storing, and transmitting credit card information. At the same time, most companies need mobile technology to compete. Know how to provide financial services mobility while ensuring that no breaches occur? Read more. Read More

Sage BusinessWorks Accounting


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financial accounting principles 2nd edition  BusinessWorks Accounting Sage BusinessWorks 50 Accounting (formerly BusinessWorks Gold) bridges the gap between off-the-shelf, entry-level products and complex high-end systems. Its modular design is ideally suited for growing small and medium-sized businesses. BusinessWorks combines robust features such as serial number tracking, multiple warehouse management capabilities, and multiple costing and pricing methods for complete inventory management. Read More

Use Financial Analytics Solutions for Bigger Profits


And you can learn about it in the executive brief financial analysis clears the profit haze.

financial accounting principles 2nd edition  Financial Analytics Solutions for Bigger Profits Does it ever seem like you're shooting in the dark when it comes to making business decisions? You may get that feeling if you have only limited visibility into your company's financial state. Or if you have to rely on spreadsheets that contain errors and inconsistencies. Or if you're getting too many versions of the truth when it comes to analyzing your company's performance. If factors like these are creating a haze that's obscuring the true state Read More

Cloud-Based Financial Software: Contracting and Negotiating Strategies


Find out in Evaluating and Contracting for Cloud Financials.

financial accounting principles 2nd edition  Based Financial Software: Contracting and Negotiating Strategies Your company might be interested in the business benefits and lower cost structure of cloud-based financial software solutions. But how do you protect yourself against hidden costs—and get the kind of agreement that best suits your company's needs? Find out in Evaluating and Contracting for Cloud Financials . You'll learn about the advantages of cloud-based solutions how the cloud delivery model works how to get a cloud-based service Read More

Sage 50 Distribution Accounting


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financial accounting principles 2nd edition  50 Distribution Accounting Peachtree by Sage Premium Accounting for Distribution features a company consolidation wizard, Advanced Budgeting, Employee Raise Tracking, as well as the Standard Accounting features as General Ledger, Accounts Receivable, Accounts Payable, Inventory, Payroll, Time & Billing, and Job Costing, Fixed Assets, Analysis and Reporting, and Time Savers and Customization. Read More