Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Which accounting software for what kind of business? How You decide? What your Business financial analysis acumen &Solution matchmaking sense says?

<p>No doubt volume and complexity of financial transactions varies in each industry and accounting softwares are meant to automate process of summurizing financial records once data is entered into system. </p> <p>Reporting requirements of different management style and hyrarichy shapes ultimate requirements of an organization.</p> <p> </p> <p>Question is asking you to share your insights that along with match making of solution  functionality with business processes what are major consideration other than budget of deployment , training and operating cost of software. </p> <p> </p> <p>How do you decide as financial Business analyst that what kind of software your company need </p> <p>or as pre sales professional that what solution suits to which industry / business / structure. </p> <p> </p> <p>How do you evaluate .. what software for which type of business ? </p>

user-image
Question added by Sohail Sarwar , Manager Marketing & Client Services for Enterprise Softwares & Strategy , Generix Solutions & Consultancy Services
Date Posted: 2015/01/08
Yousuf Jesser
by Yousuf Jesser , Commercial Officer , Pakistan National Shipping

There are three Form of business:

1 - Sole-proprietorship - recommended software are market based i.e Myob, Xero and Wave etc

2 - Partnership - Recommended software are a modification of Market plus modified form i.e Quickbooks, Tally and customized Oracle based.

3 - Company - Recommended software are ERP based , which are fully customized and integrated as per corporate needs. 

Every Software small or Large, provides the right numbers to make right decision in terms of investment decisions, capital and cash flows decisions and market/cost decisions. 

Mohammad Iqbal Abubaker
by Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator

I agree with the answer given by Yousuf Jesser   Commercial Officer

Mahesh kumar Endla
by Mahesh kumar Endla , Loss Prevention Executive , Marriott Hotel

Best Accounting Software for Small Business Put enough thought into it, and you will increase your chances of making a good decision. 1.Assess Yourself. ... 2.Make a List of Occupations to Explore. ... 3.Explore the Occupations on Your List. ... 4.Create a "Short List" ... 5.Conduct Informational Interviews. ... 6.Make Your Career Choice. ... 7.Identify Your Goals. ... 8.Write a Career Action Plan. •Intuit QuickBooks Online. •FreshBooks. •Wave. •Sage 50cloud. •Xero. •Zoho Books. •GoDaddy Bookkeeping. •Kashoo.

Ahmad Albanna
by Ahmad Albanna , lecturer tutor , AUCT

Business accounting software can be the source of all this information. But finding the best accounting software program for your business can be a challenge, with an explosion of shrink-wrapped software products and online application offerings. In order to choose a business accounting software program, you need to understand some business accounting basics, take a good look at your business and its accounting needs, and assess the products available today.

Ijogbe Emmanuel
by Ijogbe Emmanuel , Electrical Electronics Engineer , 247 digits solution company

Partnership - Recommended software are a modification of Market plus modified form i.e Quickbooks, Tally and customized Oracle based.

boualem larbi
by boualem larbi , مراقب , الديوان الوطني للاحصائيات

Hi The nature of work imposes on the business manager to use a suitable program and compatible with the business in order to ensure the effectiveness of the performance of the program by achieving the collection of data complete with their classification each by their characteristics and classified in groups with an accounting sense

Rabe Cipaul Cane
by Rabe Cipaul Cane , Financial Analyst , San Miguel Brewery Inc.

It depends on the scale and type of the business. As far as I know, SAP could provide additional functions and transaction codes,and could even modify them to suit a company's nature and needs. Just prepare a lot of money. I know it's too costly.

Rajaram Viswanathan
by Rajaram Viswanathan , Working S.R.M Collage Electrician , prime technologies

retails and people monitoring system with branch developing

More Questions Like This