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Financial & Accounting system

Financial & Accounting system

Integrated (ERP) & Non-Integrated Systems

What is a System? Many a times this word is mistakenly understood as something relating to computer / software / information technology etc. Here it is suggested to make th...

Concepts in Computerized Accounting Systems

Types of Data Every accounting systems stores data in two ways: Master Data and Non-Master Data (or Transaction Data) as shown Master Data: Relatively permanent data not...

Working of Any Software

Front End & Back End Front End – It is part of the overall software which actually interacts with the user who is using the software. Back End – It is a part of the o...

Installed Applications V/S Web Applications

Using Software: These are the two ways Installed Applications are programs installed on the hard disc of the user’s computer. Web Applications are not installed on...

Integrated Enterprise Resource Planning (ERP) Systems

It is an overall business management system that caters need of all the people connected with the organization. Every organization uses variety of resources in achieving its o...

ERP Implementation, it's Risks & Related Controls

ERP system implementation is a huge task and requires lot of time, money and above all patience. The success or failure of any ERP is dependent on its successful implementatio...

Role Based Access Control (RBAC) in ERP System

In computer systems security, role-based access control is an approach to restricting system access to authorized users. It is used by most enterprises and can implement man...

ERP - Business Process Modules

There are three different nature and types of businesses that are operated with the purpose of earning profit. Each type of business has distinctive features. Trading Busin...

Management Information System (MIS)

An MIS report is a tool that managers use to evaluate business processes and operations. Business managers at all levels of an organization, from assistant managers to executives...

Business Intelligence (BI)

Business Intelligence (BI) is a technology-driven process for analyzing data and presenting actionable information to help corporate executives, business managers and other end u...

Fundamentals of XBRL

XBRL (extensible Business Reporting Language) is a freely available and global standard for exchanging business information. One use of XBRL is to define and exchange financia...