Accounting Software
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The document discusses accounting software, which is designed to record and manage accounting transactions through various functional modules like accounts payable, accounts receivable, and payroll. It outlines core and non-core modules, as well as software categories ranging from low-end to high-end ERP solutions. Additionally, it mentions Visicalc as the first spreadsheet program that significantly contributed to the business utility of microcomputers.
Accounting Software
- 1. NAME : Manoj .S Thakur TOPIC : Accounting Software BATCH : 13 TH B ROLL NO : KH08JUNMBA78
- 2. Accounting Software Accounting software is application software that records and processes accounting transactions within functional modules such as : Accounts Payable Accounts Receivable Payroll Trial Balance
- 3. Modules of Accounting Software Core Module Accounts receivable—where the company enters money received Accounts payable—where the company enters its bills and pays money it owes General ledger—the company's "books" Billing—where the company produces invoices to clients/customers Stock/Inventory—where the company keeps control of its inventory Purchase Order—where the company orders inventory Sales Order—where the company records customer orders for the supply of inventory
- 4. Non Core Module Debt Collection—where the company tracks attempts to collect overdue bills (sometimes part of accounts receivable) Electronic payment processing Expense—where employee business-related expenses are entered Inquiries—where the company looks up information on screen without any edits or additions Payroll—where the company tracks salary, wages, and related taxes Reports—where the company prints out data Timesheet—where professionals (such as attorneys and consultants) record time worked so that it can be billed to clients Purchase Requisition—where requests for purchase orders are made, approved and tracked
- 5. Software Catagories Low End Software Mid Market Software High End (ERP Software) Vertical Market Personal Accounting
- 6. Origin of A/Cing Software VisiCalc was the first spreadsheet program available for personal computers. It may well be the application that turned the microcomputer from a hobby for computer enthusiasts into a serious business tool. It VisiCalc sold over 700,000 copies in six years.
- 8. Thank you