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Chapter 15:
Chapter 15-2
Introduction
Advances in Accounting Software
Initially processed bookkeeping transactions Developed into powerful and complex data collection programs
Provide all accounting functions Interfaced with multiple functional areas of business Manufacturing, Sales and Distribution, HR Applications
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Process all types of accounting transactions Transactions affecting general and special journals
Modules
Organizes transaction processing in modules Provides links between modules Include Accounts Receivable, Accounts Payable, Inventory, and Payroll
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Vary by provider Numerous reports including financial statements and budget reports Scalability Internet Connectivity
Adoption
Microsoft Dynamics GP SAP Business One Epicor Sage softwares MAS 90, MAS 200 Everest
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Features
Multi-currency transactions Currency conversions Various modules and interfaces (CRM, HR) Deployment options (desktop, web-browser) Hosted solutions
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Chapter 15-10
Can be designed as add-on modules for integrated software packages Independent developers create programs to interface with integrated packages
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Study Break #1
Which of the following accounting software programs would be appropriate for a small business (e.g., a sole proprietorship with 20 employees)? A.SAP B.QuickBooks C.NetSuite D.Oracle
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Chapter 15-13
Study Break #2
Mid-level accounting software: A.Can only be deployed through a server networked with desktop computers B.May be purchased in modules that match various business processes C.Will not be appropriate for a multinational company because these programs cannot handle foreign currencies D.Is generally inappropriate for a company operating in a specialized industry, such as retail or not-for-profit
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Enterprise software and Business application suites Integrated program with central database
Popular Products
Integration among major business processes Order processing and Fulfillment, Manufacturing, Purchasing, and Human Resources
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Chapter 15-21
Centralized Database
Each data item stored once Prevents data redundancy Data immediately available to all business functions
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Internet Portals
Gateways to other web sites Enhances communication and productivity among employees, customers, partners, and suppliers
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Study Break #3
Which of the following is distinguishing characteristic of an enterprise-wide (ERP) system?
A.Must be a hosted solution B.Multiple databases C.Integration of business functions D.Low cost
Chapter 15-24
A.Must be a hosted solution B.Multiple databases C.Integration of business functions D.Low cost
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Study Break #4
Components of an ERPs architecture typically include: A.A centralized database and application interfaces B.Internet portals and multiple databases C.A centralized database running on a mainframe computer D.Business intelligence and multiple databases
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BPR Success
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Chapter 15-30
Chapter 15-31
Chapter 15-32
Chapter 15-33
Chapter 15-34
Chapter 15-35
Acquiring Software
Copyright
Copyright 2012 John Wiley & Sons, Inc. All rights reserved. Reproduction or translation of this work beyond that permitted in Section 117 of the 1976 United States Copyright Act without the express written permission of the copyright owner is unlawful. Request for further information should be addressed to the Permissions Department, John Wiley & Sons, Inc. The purchaser may make backup copies for his/her own use only and not for distribution or resale. The Publisher assumes no responsibility for errors, omissions, or damages, caused by the use of these programs or from the use of the information contained herein.
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Chapter 15
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