Archive for December, 2007

Opinion: What’s hot and what’s not in accounting software. By Richard Pierce

Richard Pierce, the managing director of PS Financials plc, looks to get people discussing the trends that will matter in 2008 with some comments on what what users are and are not asking for in their accounting software.WHAT’S HOT?
Catering for non financial users
In our experience, intuitive, easy to use facilities for non financial users […]

Deloitte agrees to pay $38 million to ex-Delphi investors

DETROIT (AP) - The accounting company Deloitte & Touche has agreed to pay $38.25 million as part of a $325 million settlement of investor claims of misconduct by Delphi Corp. and those that oversaw its finances, it was announced Thursday.
Troy-based Delphi is the nation’s largest auto parts supplier. It filed for […]

Managing Receivables with an Accounting Software Is Crucial for Businesses

If you want to make your business a success, a steady flow of revenue will be essential. Without a steady flow of money your business will stall and ultimately sink into debt and hard times as you live from payment to payment. But there are ways to ensure that you manage your receivables effectively. Read […]

Accounting Software Key Features

When it comes to evaluating accounting software, it is easy to become bogged down and inundated by the sheer volume of features out there. I’ve seen many a brilliant mind reduced to total confusion when it comes to weighing the merits of one product over the other. The reality is that of the thousands […]

Auditor liability ‘needs to be limited’

News Article - Thursday, Dec 20, 2007
filed under: Regulatory
 
The liability of auditors should be limited, the European Ccommission internal markets commissioner Charlie McCreevy has proposed.
In a parliamentary committee in Brussels, Mr McCreevy stated he will make the recommendation to member states during the first three months of 2008.
He explained that the proposal will not include […]

Choosing the right Accounting Software(continued)

Digging Deeper
Most organizations want software that meets all of their current and future requirements, is easy to implement and support, and is very cheap. Unfortunately, it’s not likely you will find such a package. But you can determine the ideal software package for your organization.
Using the R2ISC method, first determine the importance of each of […]

Intelligent Accounting Software

An intelligent Accounting Software is still a software with the inclusion of Artificial Intelligence algorithm. With the recent advancement in Text-to-Speech, Voice Recognition, Face Recognition and holograph technologies not to mention robotics, I expect that in the near future, our accounting software will be represented by an avatar that is able to talk back and […]

Microsoft to buy SAP again?

Here we go again financial traders are talking up SAP stock saying that Microsoft is keen to acquire SAP ,this is not the first time this rumour has come out back in 2004 there was talks but was decided that the two companies would struggle to integrate.
SAP has a market capitalization of $65 billion […]

Choosing the right Accounting Software

The right software package makes it easy for employees to do their jobs. The wrong package can make even the simplest process into an expensive, time-consuming daily agony! In other words, selecting the best software available for a given application is one of your most critical task! Whether the particular software package is for inventory, […]

Accounting System

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 […]

Accounting Software

Accounting software is application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll, and trial balance. It functions as an accounting information system. It may be developed in-house by the company or organization using it, may be purchased from a third party, or may be a combination […]