Accounting is basically a very systematic process of recording all of the Company’s transactions. One of the most important Accounting Processes and basically one of the most tedious and very time consuming task is the Bank Reconciliation Process if done manually. It is also one of the most important financial auditing process not to mention […]
Archive for the '1. Accounting System' Category
Accounting Software users and developers love this poem and music so I post it here.
I find no peace, and all my war is done.
I fear and hope. I burn and freeze like ice.
I fly above the wind, yet can I not arise;
And nought I have, and all the world I season.
That loseth nor locketh holdeth […]
Accounting Software Efficiency is a measure on how the software performs and meets the expectation of the client. Several Factors should be considered in calculating the efficiency of the software and these are as follows:
Ease of Use
Number of Downtimes in a particular period
What other users has to say about the software
Cost of post implementation maintenance
IT products and related services are constantly reshaping not only the way we do business but our lifestyles as well. The modern world is simply a world that requires information to become available and accessible anywhere, anytime no matter what the conditions were. We can not live without it. The competition nowadays is how one […]
Any unlawful or unauthorized use of materials covered by copyright laws is considered copyright infringements. How serious is this in the Software Industry? Very, very serious. The Software Industry relies heavily on copyrighted information. It is their means of living. That is why Anti-piracy laws are established to protect their works from being copied and used […]
Between 40% and 60% of software failures and defects are the result of poor software management and requirements definition. In plain English, this means that about half of the problems encountered could have been avoided by making it clear, from the very beginning, what the customer expected from the respective project. This is to say […]
What is Accounting System?
Let me first begin by defining what is a system. A system is composed of several processes that are interdependent of one another and/or just different processes grouped together with an intention to produce a systematic or harmonious way to achieve a desired result.
Accounting as defined in Wikipedia is the process […]