Embed Size (px)
Citation preview
BASIC ACCOUNTING TO DYNAMIC DECISION SUPPORT SYSTEMS
BASIC ACCOUNTING TO DYNAMIC DECISION SUPPORT SYSTEMS
BASIC ACCOUNTING TO DYNAMIC DECISION SUPPORT SYSTEMSBASIC ACCOUNTING TO DYNAMIC DECISION SUPPORT SYSTEMS
ERP DEVELOPMENT INDIA Basic accounting system is all about maintaining
a company records or one can say the company diary for the IN and OUT entries of business. This is somehow done via traditional accounting system, but if we add some features like real-time accessing, multiple feeds, complete data assessment, maintain a standard of warehouse etc, then we get a complete Dynamic Accounting system. We can provide you with our custom software development services to develop a dynamic accounting system that will maintain a general ledger, inventory record, payables, receivables, trial Balance etc but we do so in a better way.
TO START WITH THERE ARE THREE TYPES OF ACCOUNTING SYSTEMS:-
Traditional Systems:- To start with there are basic excel sheet method or very basic software. These software solutions are not very expensive. They are easy to handle and maintain but can`t support a growing business. Now a day’s most small enterprises work over these types of system. Such a system mainly provides Single entry or Double entry. They are equipped with limited functionalities.
Middle-Age System:-These systems are few steps ahead than the basic traditional system, have some more functionality features. Here we make real time entries which reduce the chance of repetition of entries. Here we have record of payables and receivables as well. They are a bit costly and complex than the traditional one. They are a kind of information keeping and managing software solution.
Modern or Hi-Tech System:-This is a software solution for modern age. These types of systems are very beneficial for the today’s busy schedule. It offers real-time entries for inventory, sales and purchases etc. It keeps the record of each and every business detail that can assist us in making smart informative decisions.
ALL THESE SYSTEMS HAVE BEEN INTEGRATED TO ANSWER ALL THE CLIENT PROBLEMS: Managing the budgets for the coming month: In sales module
we are giving option of sales prospect tracking which can give as estimated time of actual sales, thus helping operations team to stock and prepare for sales forecast realization.
To increase the flexibility between current and forecasted liabilities: For this we can integrate the sales forecast with current vendor liabilities. This system would also need the historical data management.
Financials for upcoming production targets: The system for vendor management along with payables can give us estimates about what maximum input is required to achieve an estimated production target.
Man power management with respect to current financials: Payroll management system under Payables gives us a quick overview of achievable targets with current manpower with respect to historical sales and deliveries.
Being one of the best software product development company in India we have given our client much more than his basic requirements along the flexibility to maneuver in the industrial dynamics. In addition to that via this system we can provide User maintenance, Company preference, System parameters. This smart accounting system is more than basic data management systems as it gives you the output in form of reports which assist in data driven decisions. The future lies in smart predictive analysis and forecasts that make monitoring and control more flexible.
If you are looking for any support in developing any smart IT solution for you, please drop us an inquiry at [email protected]
