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A Comparative Study of Di erent Accounts So ware
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Salient Features A COMPARATIVE Introduction to Computerized Big Mis Failures Accounting Computer Role in ppbm.pdf
of Tally STUDY of Di ere… Computerised… Accounting Unit- 5 Standard Practi… Modern…
CERTIFICATION I
ACKNOWDGMENTS II
INDEX III
1 GENERAL INTRODUCTION
1.1 INTRODUCTION
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2 HISTORY OF ACCOUNTING SOFTWARE
2.1 ADVANTAGES
2.2 DISADVANTAGES
2.3 COMMON FORMS
Salient Features A COMPARATIVE Introduction to Computerized Big Mis Failures Accounting Computer Role in ppbm.pdf
of Tally 3 of Di ere… DIFFERENT
STUDY Computerised… ACCOUNTING
Accounting Unit- 5 SOFTWARE Standard Practi… Modern…
3.1 S.A.P.
3.2 TALLY
3.3 BUSY
4 RESEARCH METHODOLOGY
4.3 OBSERVATION
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Salient Features A COMPARATIVE Introduction to Computerized Big Mis Failures Accounting Computer Role in ppbm.pdf
of Tally STUDY of Di ere… Computerised… Accounting Unit- 5 Standard Practi… Modern…
BIBLIOGRAPHY
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Salient Features A COMPARATIVE Introduction to Computerized Big Mis Failures Accounting Computer Role in ppbm.pdf
of Tally STUDY of Di ere… Computerised… Accounting Unit- 5 Standard Practi… Modern…
Chapter – 1
GENERAL INTRODUCTION
Related titles
1.1 INTRODUCTION
Salient Features A COMPARATIVE Introduction to Computerized Big Mis Failures Accounting Computer Role in ppbm.pdf
of Tally STUDY of Di ere… 1.2 OBJECTIVE
Accounting Unit- 5 OF PROJECT
Computerised… Standard Practi… Modern…
1.1 INTRODUCTION
recording every business transaction made by them.
Accounting software are introduced after the innovation of computer
which is most important to use the accounting software but before the
innovation of computer there is a system which is used by every business to
record their business transaction it is could the book keeping and
Salient Features
accountancy.
A COMPARATIVE
The all Computerized
Introduction to
accounting software
Big Mis Failures
baseAccounting
is on thisComputer
accounting
Role in ppbm.pdf
of Tally STUDYtechnique
of Di ere… Computerised… Accounting Unit- 5 Standard
which used by old people. To find out the history of accounting Practi… Modern…
software use in business and also the advantages and disadvantages of
accounting software. It is very crucial to define which accounting software is
use in business. Before know which accounting software is useful in
business we know the history of accounting software.
Salient Features A COMPARATIVE Introduction to Computerized Big Mis Failures Accounting Computer Role in ppbm.pdf
of Tally STUDY of Di ere… Computerised… Accounting Unit- 5 Standard Practi… Modern…
•
Salient Features A COMPARATIVE Introduction to Computerized Big Mis Failures Accounting Computer Role in ppbm.pdf
of Tally STUDY of Di ere… Computerised… Accounting Unit- 5 Standard Practi… Modern…
CHAPTER – 2
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HISTORY OF ACCOUNTING SOFTWARE
2.2 DISADVANTAGES
computer was so big and also it wants the so much space to store it. It is very
difficult to industry so they unable to use the super computer. After the
innovation of minicomputer and microcomputer the industry is like to use
this system to maintain the record of accounting. Because it is not so costly
and it was not want more space to store. Industrialist likes to welcome this
system to store in his business and use it in his day to day transaction.
Salient Features A COMPARATIVE Introduction to Computerized Big Mis Failures Accounting Computer Role in ppbm.pdf
of Tally After
STUDY of Di ere… some timeAccounting
Computerised… this computer
Unit- 5 also not so useful
Standard to maintain
Practi… Modern… the
accounting records so they want to innovate some special software which are
want to maintain there all accounting transaction and also the bill of business
and also the software which is create the trial balance of the business and
also the balance sheet of the business. So there is the start to innovate the
accounting software. To prepare the accounting software they want to use
the accounting functions which use in book keeping and accountancy. In
1972 SAP accounting software is introduce. After SAP introduce there are
so many other company introduce different types of accounting software
such as Tally, Busy, Oracle etc. some business man create there own
accounting software which they want in his business.
The best practice of accounting in today’s world is to have automated
accounting practices. Books were initially paper ased systems in accounting,
but with the introductions of a wide varieties of accounting software, the
digital file system and digital books are becoming a fashion. Accounting
through the software, it is updated throughout the system. For example: If a
person makes some entries in stock, the data gets updated at every
management level and in every department. The employees can view the
updated data at their software terminal. No need to move the data file from
one department to other. Everything happens automatically at the main
Salient Features server or at
A COMPARATIVE the main
Introduction to database, as the Big
Computerized information
Mis Failures gets updated. Computer Role in
Accounting ppbm.pdf
of Tally
2. Lowers expenses on data
STUDY of Di ere… Computerised… Accounting Unit- 5
collection and data transfer:-Standard Practi… Modern…
8. Industry specific software:-
There are many industry specific accounting software specifically,
designed for manufacturing or construction sector.
9. Easy to use and handle:-
You can conduct every day business transactions through your
Salient Features
accountingIntroduction
A COMPARATIVE
software to
and you may even
Computerized
make payment
Big Mis Failures Accounting
online Computer
through the
Role in ppbm.pdf
of Tally STUDYsoftware
of Di ere… to
Computerised…
your clients Accounting
or you Unit-can
5 even receiveStandard
paymentPracti…through
Modern…online
transaction.
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Salient Features A COMPARATIVE Introduction to Computerized Big Mis Failures Accounting Computer Role in ppbm.pdf
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If you wish to buy an accounting software that helps you to track the
working of inventory, CRM, billing and ERP, then you can buy Microsoft's
Dynamics, Sage, NetSuite, Oracle or SAP. The business management
solution comes with a range of features to enable integration to HR
implementation, CRM, inventory, production, and manufacturing and
provide you a complete automation of each and every accounting activity.
These packages are generally very expensive and the cost also depends on
the number of features enabled.
The market has changed in many ways and vendors are looking to
new markets to get new customers. To reach new clients the system should
be web enabled and web hosted solution are equipped to provide you online
web hosted accounting software. There are many software in this section
such as Clarity accounting, Net books etc. If you own a small business unit
and you have many shops at many geographical locations, you can buy a
cheap web enabled package which has restricted features as needed by your
company. You may even get industry specific package to meet your
requirement.
You can also get accounting software for free. You can search for free
accounting packages on internet. QuickBooks provides you the option, to
own the package for free. QuickBooks can be used by twenty customers and
it provides modules such as payroll, invoice generation, print checks etc.
CHAPTER – 3
3.1 S.A.P.
3.2 TALLY
3.3 BUSY
2.1 S.A.P.
world market and its ERP solution are structured to offer solutions to
manufacturing units, consumer product industry, financial services and
service industry. It has five hundred fifty micro-vertical solutions for small
and mid size companies. It is known globally for its implementation in
process manufacturing, consumer goods, financial sector, government and
public sector. Company thinks the growth rate of user of this software is
18% to 22% every year. Following are the advantages and disadvantages of
SAP.
ADVANTAGES OF S.A.P.
Disadvantages of SAP
It is expected in future that SAP and Oracle may enter the enterprise
software as a service market. SAP has been trying to improve its market in
global tier structure where Oracle is dominating market. About fifty percent
of the enterprise software market is dominated by SAP and Oracle. SAP and
Oracle both are trying to improve their bases in software as a service.
Mr. Goenka believes “The single most important factor which makes
a business grow is do the ownwes of the seniors in the business have the
tome to make the business grow? Senior management is so lost in business
grow. Our approach in tally is to make it possible for freeing up tome for the
senior management, and make it possible for them to access information
easily and from anywhere so that time is saved.”
It supports various protocols in its web feature and you can transfer
data through HTTP, HTTPS, ODBC, SMTP, FTP or other mode of data
transmission. The data can be formatted in XML and HTML format. The
latest version of Tally accounting software also supports SOAP and SDF
data formatting to promote its interoperability with the Windows .NET
In Tally the module and forms can be viewed through drill down
display, where you can track the link between different modules and get the
exact picture of data flow. In the accounting module, you find the feature for
general ledger, accounts receivable, accounts payable, bank operations and
other functions.
DISADVANTAGES
User of this software not have power to customize this software they
not make any change in this software when user purchase this software that
time he just select the version he want to use that version build only that
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2.3 BUSY
th
The accounting software Busy founded in 17 September 1990 in
India by a group of computer professionals with the primary objective of
providing professional IT services including thifd-party maintenance of
personal computer and peripherals, customized software solutions and
turnkey, IT projects. Busy Infotech Pvt. Ltd. is focus in development and
kareting of business accounting software under the trademark of Busy,
which was hitherto being undertaken as software division of digitroncs.
Busy is sold and supported all over the country through an ever
increasing network of Channel partners. More and more computer traning
institutes are also taking up Busy to teach computerized accounting. This
software is installation base of over 60000 including the prestigious ones
like World Bank, India International center, All India management
Association, Amity Business school, LG Chemicals, Asian Paints, Plaza
cables, Archana Airways etc.
ADVANTAGES
DISADVANTAGES
CHAPTER – 4
RESEARCH METHODOLOGY
4.3 OBSERVATION
4. RESEARCH METHODOLOGY
The following are some question which is use to find out the
important of accounting software use by some business and the owners are
satisfied with the use of software. These questions were asked to some
accountant and owners of the business who use the accounting software
daily in their business.
When I prepare the questioner I had visited some business man for
taking interview personally to identify user’s point of view of related
software. Every business man gave me the answers for the questions, asked.
This was helpful to me to make my analysis on these software’s some
owner also introduce me to their accountant which was also helpful to me.
They communicate with me very freely and told me some advantages and
disadvantages of that software and also suggest that which part of software
should be developed which is useful to them and then they like to change
the versions of related accounting software.
4.3 OBSERVATION
When I went to visit the firm and meet the owner of that firm. I
observed the local area where the firm exists. The office area where they
work. The computer system they use in their office. The education
qualification of the owner and the accountant of the firm. And also which
type of firm it is? These things were also taken into consideration. When, I
took the interview of the owner of the business.
CHAPTER – 5
This chart sh ws the i pact of other person thinking on use of
business accounting.
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!" # !" $""
!" !"
In this chart t e user of same acc unting software is ore than that
user who ants to c ange the accountin software. But some softwar are
r quired to upgrade e ery year.
his mainl happen in large sc le industr but this pgrade d es not change
t e format hich use use to maintain his record. pgrade is done for some
s ecific fu ction attach with i . For e. .:- Tax c anges ev ry year hence
changes are to be done acc rdingly . n case if it’s not done then the
software w rks with he old information s the new informati n is not een
uploaded o upgraded.
user User in %
No comparison 40
Like to make the compare 52
Confuse to make comparison 8
! %!#&! ' ! %!#& %!"
%!#&(
Satisfied of owner 95
"$ !
! "$ !
On he basis f this cha t the sati fied own r is more than the ther
unsatisfied owner by sing the selected accounting software in his busin ss.
The user of Tally and usy acc unting so tware re uire the asic
t aining of the softw re if they learn the asic training than t ey can h ndle
t is softw re very easily. An they learn autom tically h w to use this
software. ut in us r of S.A.P. requires training compulsorily without
t aining th y cannot use this software. or this p rpose th dealer o the
company ake a training stati n for worker .Whe e proper nowledge and
t aining re arding the software s been gi en.
CHAPTER 6
The following guidance to the owner when they select the software
1. Make a need analysis and define your budget. First you should make a
wish list, where you can mention the needs of your organization and you can
define your budget. You can get a wide range of choices in your limited
budget and you can even buy expensive highly featured accounting packages
to meet your future business needs.
5. If you need a large database, then you should buy the accounting
software, which can keep huge records and you shouldn't buy cheap
accounting solution, which may require replacement in a few years.
6. If your business requires multiple entries at one time, you may need
the accounting software, which allows multi user entries.
8. You can buy industry specific accounting software and you can
search on internet to know about various software packages.
9. You should buy reliable accounting software that has many years of
experience or has a steady client base.
10. You can talk to your business partners and consultants to decide
about the features of your accounting package. You can search for software
that fulfils basic needs of your organization at a low price. You can get many
low cost robust accounting systems, which fulfils your basic requirements.
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