Accounting and Outsourcing

Business Process Outsourcing: The Competitive Advantage by Rick Click & Thomas Duening

Global competition doesn't just move jobs, it also moves business processes and creates new kinds of business cooperation. For more than a century companies with global reach had to grow into huge enterprises with massive internal infrastructure. With the rise of computer systems, smaller companies learned to share the large mainframes to lower the cost for each business. Specialized providers went into business to offer their systems and expertise so that businesses could focus on their value proposition rather than their information technology.

This outsourcing of non-core operations has expanded to many other kinds of business processes such as human resources and even some aspects of accounting. Some businesses are even creating new value propositions by combining their specialized abilities with those of another company in order for each to have a more powerful offering for their target markets. This is especially true as companies extend their reach around the globe.

Rick Click and Thomas Duening show you how this process works and what you need to do and consider so you can identify which processes you might want to outsource to lower your costs and extend your reach. While this is a practical introduction, it is meant for the general business person having to learn about BPO and having to get up to speed about what has to be done to get it right.

     

Accounting and Outsourcing - Accounting Software

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Accounting and Outsourcing * Accounting Software

Accountants And Accounting Software   
Frank Hague

Accounting is the measuring, and disclosure or provision of assurance about information that helps managers and other decision makers make resource allocation decisions.

How to become an Accountant.

Article to continue below----------------------------------------------

NY Governor Rejects Reimposing Stock Transfer Tax (Reuters Via Yahoo! News)
New York state should not reimpose a stock transfer tax as this would make Wall Street firms move to other cities such as New Jersey's Newark, or other states like Connecticut, Governor David Paterson...

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Accountants in the US are called Certified Public Accountants and in the UK and Canada are called Chartered Accountants.


Chartered Accountants in Canada are expected to know all US CPA knowledge as well as a Canadian Accounting body of knowledge. In order to become an Accountant an undergraduate degree is required and then a period of articling is required which can take as long as 5 years with gruelling exams and an exhausting series of finals.

Article to continue below----------------------------------------------

Tax Season Brings Out The Fraud Artists (ABC News)
Tax season is a popular time for identity-theft scams. Identity theft - Theft - Crime - Fraud - Law
NY Governor Rejects Reimposing Stock Transfer Tax (Reuters Via Yahoo! News)
New York state should not reimpose a stock transfer tax as this would make Wall Street firms move to other cities such as New Jersey's Newark, or other states like Connecticut, Governor David Paterson...

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In her notes compiled in 1979, Professor Linda Plunkett of the College of Charleston S.C., calls accounting the "oldest profession"; in fact, since prehistoric times families had to account for food and clothing to face the cold seasons.


Later, as man began to trade, they established the concept of value and developed a monetary system. Evidence of accounting records can be found in the Babylonian Empire (4500 B.C.), in pharaohs' Egypt and in the Code of Hammurabi (2250 B.C.).


Eventually, with the advent of taxation, record keeping became a necessity for governments to sustain social orders. Perhaps the most significant benefits to contemporary accounting has been the introduction of computer programs to assist in the accounting function.


Computer programs were introduced in business and government organizations in the 1950s, and the most important applications of computers have been in the areas of record keeping, balancing , and transaction recording.


Accounting uses various bases of measurement, mainly the cash basis, the accrual basis (or historical cost) and variations of these; all of these functions are greatly assisted by the use of various accounting software programs.


Accounting is tied to the invention and dissemination of the double entry bookkeeping process.


Different Accounting Software Solutions available today:


ACCPAC web-based accounting, launched the ACCPAC Online web site in 1999 which allows end users to run ACCPAC from a simple browser for a small monthly rental fee.


Intuit's QuickBooks for the Web represents a new product from scratch. Microsoft Small Business Manager is a new player on the block which is a scaled down version of Great Plains Accounting Software.


Netledger centralized net computing renamed Oracle Small Business Manager Peachtree. This product was the older Peachtree Office Accounting product and is also a web-based solution. In 2000, Peachtree added a web-based module to its' flagship Peachtree Complete Accounting product called Peachtree Web Accounting.


SAP mySAP - web-based accounting featuring a limited number of SAP modules.


So it appears that there are 2 different types of Accounting Software:


Web Based Accounting: which is one application on a Web Server running everybody's application.
There are of course advantages and disadvantages to this type of application, immediately coming to mind is confidentiality and the security of the Servers being used as well as possible breakdowns.
Advantages are of course in being able to use unlimited Server Resources.


And then there is PC Based accounting which everybody has tried and is Bill Gates favorite.


Advantages;


In-house control of everything but subject to limited resources.


Frank Hague is very interested in Accounting Software. You can find more Accounting Software information at; http://www.accounting-software-now.info

What Other Authors say about Accounting and Outsourcing

How to Get The Best Accounting Software For Your Small Business by Ryan Hough

Buying accounting software is a major investment. It's an important decision and you need to be sure of all the facts before you buy. You certainly wouldn't want to get accounting software and then find...

Fixing Mistakes in your Quicken Registers by Stephen L. Nelson

Your typing skills aren't perfect, of course. What's more, you will sometimes enter transactions into your Quicken registers using bad source documents (an erroneous deposit slip, for example). These little...

Enhance the modus-operandi of your business with accounting outsourcing by Allies Harbor

The concept of outsourcing is becoming a preferred choice in many sections of company. Today businesses are outsourcing tasks like production, marketing, research and sales; no doubt that they are getting...

Accounting Police: Do They Exist? by John Day

This article decribes how adherance to accounting principles is regulatedWho created accounting principles? Who sets and revises accounting standards? What if you dont follow all the rules, do you go...

How To Choose Accounting Software by Stephen Kreutzer

Choosing accounting software can be confusing. The fact is you are looking for accounting software because accounting is a complex matter that you'd like to simplify. Choosing the right accounting software...

Accounting Software For Retail Businesses by Bob Miles

Retailers, like all other business people, have a need for suitable business accounting software. Retailers are characterized by the great variety of products that they sell to customers. Consequently,...


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Index of Articles about Accounting and Outsourcing

What Other Authors say about Accounting and Outsourcing

How to Get The Best Accounting Software For Your Small Business by Ryan Hough

Buying accounting software is a major investment. It's an important decision and you need to be sure of all the facts before you buy. You certainly wouldn't want to get accounting software and then find...

Fixing Mistakes in your Quicken Registers by Stephen L. Nelson

Your typing skills aren't perfect, of course. What's more, you will sometimes enter transactions into your Quicken registers using bad source documents (an erroneous deposit slip, for example). These little...

Enhance the modus-operandi of your business with accounting outsourcing by Allies Harbor

The concept of outsourcing is becoming a preferred choice in many sections of company. Today businesses are outsourcing tasks like production, marketing, research and sales; no doubt that they are getting...

Accounting Police: Do They Exist? by John Day

This article decribes how adherance to accounting principles is regulatedWho created accounting principles? Who sets and revises accounting standards? What if you dont follow all the rules, do you go...

How To Choose Accounting Software by Stephen Kreutzer

Choosing accounting software can be confusing. The fact is you are looking for accounting software because accounting is a complex matter that you'd like to simplify. Choosing the right accounting software...

Accounting Software For Retail Businesses by Bob Miles

Retailers, like all other business people, have a need for suitable business accounting software. Retailers are characterized by the great variety of products that they sell to customers. Consequently,...