2.CurrentStateofComputerizedAccountingSystemsTechnologies.docx

Netsuite financials intacct financials and accounting

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
NetSuite Financials, Intacct Financials and Accounting System, Microsoft Dynamics GP, SAP – Accounting, Sage 100 Standard and Advanced ERP, QuickBooks, and etc (Singelton). All these information technologies give a huge number of benefits to accountants. Accounting technologies help to increase productivity, decrease input errors, make reporting faster, make accounting information more valid and accurate, help to react on changes in economy faster, create centralized accounting, and make the process of accounting available for non-professionals (Singelton). There are several important factors that have to be taken into account in the process of selecting proper accounting software: (1)ease of use; (2)help and support; (3)ability to manage core accounting tasks such as accounts receivable, accounts payable, banking, payroll, inventory control, time and job costing, fixed assets; (4) updates and, reporting. Most of the software programs provides core accounting services. But there are a lot of differences that allow companies to select the software that suits their business’s needs in the best way. In case the company has its own specific needs and none of existing systems
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern