Wednesday, July 7, 2010

Tally Accounting Software- Best Home Accounting Software

Tally is software which is very easy to use for small business owners as well as personal users. Usually instead of learning accountants, individuals as well as small business owners need to organize and manage their financial accounts and tax quickly and easily. For this purpose they go for simple accounting software rather than going for professional software. For small business owners or for personal users, both proprietary and free software are available online.

Home accounting software is having many features -

1. It is easy and simple to use. It is not associated with any complicated terms. Any people interested in using this software can use it from day one.

2. It is having tiny installation file even less than 1 MB. It can easily be carried in flash drive or pen drive.

3. You can protect yourself account files with a password.

4. It is also having the feature to support multiple files. Due to this feature you can keep various types of self account files which are used for different purposes.

5. For easy browsing of entered data between all listings and reports there is an inter link.

6. You can use it as your bank book, personal stock/inventory keeper or as an assets manager. It is used to maintain your day to day accounts or for your any particular financial transactions.

7. For the purpose of maintaining their accounts and detail of all the reports, it is used by doctors, small business firms, lawyers, educational institutions, engineers, professionals, salary class people, self employed people etc.

8. For starting using self accounts no prior accountancy knowledge is required.

To fulfill your needs for the purpose of accounting this software is very helpful and it doesn't require a lot of money to spend on it. It is very helpful in making budget of your money in order so that it may last longer.

It keeps all the records of the taxes and all the financial details. Now with the help of this software it is very easy to figure out your taxes. It is very helpful in paying off the loans or even it curtails the over expenses as it can easily figure out the available fund to be spend on each area.

Always choose the accounting software which is easy to learn so that you can make full use of it. If you don't require varieties of features then some inexpensive software are also available.

Read more about Tally ERP Software Review. Find information about SAP ERP Course Fees and duration of the course.

Tally 9 Accounting Software Features and Advantage

In today's world the ultimate solution for business is Tally 9. It is designed in such a way that it competes easily and successfully with the complex needs of the growing business. With the help of this feature the growth of the business is increased. It enhances your productivity by taking quicker decisions. Some of the important features of Tally 9 -

1. This software is having multilingual capability which allows the business owners to expand their business beyond geographical boundaries. Now it is possible to maintain your account in one language, view the reports in other and you can also send invoices in another language to your customers only at the press of a button.

2. It is able to maintain the accounts of unlimited companies.

3. Tally 9 is having the feature of data synchronization which enables fast and easy exchange of business transactions between different offices and branches and various geographies.

4. It is having the feature of complete bookkeeping. It keeps the details of all types of transactions like receipt, payments, income and expenses, sales and purchases, credit notes, debit notes etc.

Besides these features this software is full of other features like ratio analysis, budgeting, security control, powerful audit capabilities, payment performance of debtors, multi-currency accounting, comprehensive accounting, unified ledgers, pay roll, job costing etc.

Tally 9 software is having so many advantages that if you make use of this software then you will observe clear business benefits. There are some powerful advantages which you can enjoy.

1. Now you can expand your business beyond geographical boundaries as Tally 9 is having the feature of multi-currency and multi-lingual capability.

2. There is no need to hire some specialized resources as Tally 9 is very simple to learn and easy interface.

3. It is having a sheer power. It can handle transactions in huge volume without making any compromise on speed and efficiency.

4. This software also ensures better cash flow and saving on interest. Due to its 'receivables and payables' management feature almost all the collections are made on time and even you can send the reminders to the defaulters.

5. It provides the user with accurate data entry.

6. This software also enables the business owner to take a fast decision due to its feature of sharing of data.

7. Tally 9 provides the business owners with fast information.

8. Now with the help of Tally 9, invoicing and data entry is faster and also error free.

These advantages are very helpful for the organization in this competitive environment.

Read more about Tally ERP Software Review. Read information about Benefits of ERP for SME.

Monday, July 5, 2010

Sap Training Courses, Its Future and Career Prospects

SAP is the world's largest Enterprise Resource Planning (ERP) software organization. Usually SAP stands for Systems Applications and Products in data processing. SAP has developed a curriculum of courses over the years which especially aim in educating the IT professionals about their products and modules. Recently they have expanded their program of certification to include associate, professionals, and also master levels of expertise.

In Associate certification there is a foundation knowledge which is required by a SAP consultant and also includes the tests to verify that they have a broad understanding of SAP solutions, knowledge and skills. Professional certification is related with proven project experience, business process knowledge and a deeper understanding of SAP solutions. In the level of Master Certification there is a requirement of broad knowledge of SAP project experience. It also requires the ability to make use of this knowledge in creation of future IT vision.

The certification exams for SAP are globally recognized. It consists of practical questions that are process oriented and which are also specific to a given software release. SAP also examines students for their practical job experience. So the candidates must be well familiar with the area of the business relevant to their chosen track.

If any candidate is new to SAP then it is a good place to start and also to complete one of their overview courses. While going for SAP, there are two entry level courses. First is SAP01 which aims towards the business consultants. Second is SAPTEC and it aims towards the technical consultants. The duration for these two courses is three days. If any student is having greater understanding of SAP then he or she may progress to one of SAP's certification courses. If someone is studying for certification then it is recommended to attend the class room sessions though it is not required. Some of the SAP Training Curriculum offers courses in the following areas -

1. Financials
2. System Administration
3. Enterprise Portal Development
4. Solution Overviews
5. Training for SMB
6. Product Lifecycle Management
7. Human Resources
8. NetWeaver (including SAP Technology)

SAP solution is related with the in-depth knowledge of the business process that is involved in each business area. Only obtaining a SAP exam will not guarantee your career but if it is combined with any experience of any industry then chances of better career will be maximized. So it is necessary to obtain a SAP certification program in addition to experience of industry.

Get the list of best Institutes for ERP Courses. Find information about SAP ERP Course Fees and duration of the course.

How to Integrate Apparel ERP system with POS - Point of Sale Software

Integrating the POS system with Apparel ERP will demand an understanding and the need of POS system. The POS is referred as the Point of selling. This concept is used in all the retailers' food services and also the clothing industries. POS is the combination of hardware and software that support the system in the back office. Earlier POS were just mechanical cash service. But these days POS gives real time visibility into sales, inventory and customer related data’s. This improved system has emerged with the improved ERP software.

Going with the idea

Although still POS system ostensibly meant to facilitate the money receiving process of business entities, POS system has become front end to corporate ERP packages or essentially functions as ERP packages in their own rights. For the integration of the ERP with the POS to take place and to get the Retail solution, it is a matter of getting to know the schema of point of sale database and map the desired import tables so that the integration happens easily. Whether you would like to increase sales, improve customer satisfaction level, reduce paperwork or streamline marketing, the POS software will help you attain your business goal.

The overview

With the integration the clothing industry can pace up with growing competition. Every market in the scenario wants to excel in the field and cut a niche. This is only possible with a faster system of product delivery to the customers. Delivery of goods faster accompanied with utmost accuracy is the need of the hour. So in order to accelerate the process developed software together with an improved hardware will improve the quality of service and increase the level of customer satisfaction. With the increased satisfaction, there will be a prosperous growth in the industry. It improve and facilitates the billing process, controlled quality check, inventory, flexible pricing on the invoice, direct sales order entry, tracking customer performance , control on item price and quantity and also tracking customer data.

Challenges faced

Retail industry is growing at very fast rate with increased number of new challenges faced by retail. It has become increasingly hard to adapt to changing business scenarios for retailers who are always looking for better and new ways to increase profitability. Frauds, including thefts, shoplifting, vendor frauds and inaccuracy in supervision and administration are the challenges that are difficult to handle. Although the challenges of retail are difficult, they can be addressed with the right application software that identifies the problems and offers a realistic solution.

Find information about Benefits of ERP for SME. Also find information on the Advantages of ERP in an organization.

What is SAP ERP and What Does SAP Stand for?

In the process of data processing SAP usually stands for Systems Applications and Products for data processing. Basically SAP is divided into various modules which include Financial Accounting (FI), Controlling (CO), Production Planning (PP), Materials Management (MM), Sales and Distribution (SD), etc. The major function of SAP is not related with programming but it can be configured through its own programming language which is known as ABAP. SAP is the best and largest ERP software in the world.

ERP (Enterprise resource planning) is a system of enterprise-wide information which is designed in such a way to coordinate all the information, resources and activities that is required to complete the processes of business like billing or fulfillment of order etc.

The Application of SAP ERP is related with software of an integrated enterprise resource planning (ERP). Usually it is the new and best outcome product after SAP R/3. It is business software which is usually required by mid size or large organization in all industries as well as different sectors.

SAP ERP includes basically four individual solutions which support the main functional areas -

1. Operations
2. Human Capital Management
3. Financials
4. Corporate Services

SAP ERP is the software whose application is necessary to achieve business excellence. This software delivers global orientation, powerful functionality, and flexible enhancement package options which are required to gain a sustainable, competitive advantage and position of your organization for profitable growth.

SAP ERP Operations solution is the software which is the backbone for many organizations which contributes for the achievement of operational excellence in key business area, and it includes procurement and logistics execution, product development and manufacturing, and sales and service. With the operations of SAP ERP software you can be in a position to streamline your day to day operations to reduce costs, increase revenues, maximize profitability and also to improve customer service.

With the help of SAP ERP software human capital management solution can be optimized. It optimizes a complete HR processes. In this solution you get the help to attract the right people, develop and leverage their talents, with the help of corporate objectives align their efforts and also to retain top performers.

This solution meets with the financial challenges and financial management within the industry. It improves cash flow, manage financial risk etc.

With the help of SAP ERP corporate service solution, the company comes into the position to manage real estate, project portfolios, corporate travel, environment, health and safety compliance, enterprise assets etc.

Read about ERP Definition and other related business terms. Also find information on the SAP HR Module with enterprise resource planning software.

Importance of SAP ERP Certification in Career Development

ERP (Enterprise Resource Planning) is advanced modern day tool, which is design to support complete business management of any organization, no matter whether they are small or large. SAP is the largest ERP solution provider organization. 70% of the Forbes 500 companies and millions other companies across the globe run their business with the help of ERP provided by SAP.

An organization which runs it's business on enterprise resource planning platform needs quality professionals to handle the entire process; along with that the ERP system needs to be properly maintained by highly-skilled professionals according to the ever-changing need of the organization.

So, there is a huge requirement of ERP professionals across the globe. Keeping an eye to this demand SAP has introduced a certification program, which is delivered by different organization around the world.

Being a SAP certified professional one can act as enterprise resource planning systems management, Functional specialist or as a Technical specialist. An enterprise resource planning systems manager has to play a role in implementing and managing ERP for different department of an organization. A functional specialist finds a place in an organization to configure and implement different module of SAP to satisfy the unique need of the different department of the same parent organization. A Technical Specialist is given the duty to design and develop blueprint of implementation. A person want to pursue SAP ERP certification has the freedom to choose any of the three above mentioned discipline according to his taste and skill.

The main thing that allures student from varied background (like MCA, B Tech etc.) to pursue SAP certification program is the huge appetite of the corporate world for SAP ERP professionals. Being ERP certified professional, it’s most easy to find a suitable job than any other certification course.

The challenge the job offers to the professional is huge and exciting. As the integral part of a business house, one gets the opportunity to participate in wider scope of business and to take different kind of role responsibilities as the situation demands.

One other thing that ERP certified professional enjoys is the international exposure, the job offers. As the ERP certified professionals now required almost everywhere of the globe, so being an ERP professional one can choose any part of the world as his/her work field. Apart from that business houses sends their SAP ERP professionals to other part of the world to muster knowledge and get the global exposure.

Finally, the thing everybody works for is money. And the money or salary awarded to a SAP ERP professional is by far best than any other certification program, as there is always huge demand exist in the system for SAP ERP professionals. Even a fresher can expect a six digit salary.

The only hurdle one may face to pursue the certification program is the sum one has to spend to be a SAP professional. But the salary and facilities one gets after being placed, makes the investment a sensible one.

Be a SAP professional and make your career future-proof.

Find information on ERP Software Selection. Read SAP ERP Review and features and advantages.

Best Practices in Extending ERP Software System

ERP (Enterprise resource planning) is a platform which allows various functionalities with one complete package and so this conventional system is adopted by many companies in their endeavour to draw more and better business value from their implementations. Best practices in extending ERP usage and its extensive feature of functionalities are widely adopted in the industries. Over two decades ERP has developed significantly and expand blurring the boundaries of core ERP functionality. SAP and Oracle are few of the applications of ERP that has deep rooted its usage in the diverse industries.

Using Best practises in the extending ERP

While in the software industries the functionality factor is of prime importance whereas in the other average companies the functionality usage is relatively lower. In terms of the best of Breed decision, it's a fundamental practice wherein the best of the software packages are obtained to give a better value for the processes run in the company. But with the growing trend the usage of Best practises in the extending ERP solution provides a wealth of applications for the company and tout their integrated system as the superior solution, every module of the system may not be best-of-breed.

The deciding factors

The three most important factors to consider in ERP versus Best of Breed decisions are functionality, integration and the ability to upgrade to new releases. An example citing the usage of ERP is in the HR industry, for working out the payroll etc. ERP is a traditional structure that means implementing a single system to handle all critical business functions, whereas few companies find the implementing and integrating with a forte that enables them to handle specific function in a more effective and worthwhile way.

The requirement

Both the processes while selecting requires evaluation depending upon the need. Both of Best practises in the extending ERP and the best of breed decisions come with an advantage and drawback. There will be business risk with the best of breed decision as it will involve good management with the cost and time allied with developing a system from the scratch. With ERP and its changing trends the technical competency with the professional is a mandatory factor whereas with the best of breed, the domain can be restricted to demand specific function with a few skilled professionals aware of .NET, integration etc. In order to create competitive advantage scenario, it's important for the companies to prioritize their needs based on their requirements.

Find information on the benefits of Web Based ERP System. Read information on the different Types of ERP Software.

Sage X3 vs JD Edwards Enterprise One ERP Software

Sage X3 vs JD Edwards Enterprise, both of these software applications and its usefulness will be clear with the following details as described in the review.

Overview

Sage X3 ERP is a fully integrated software application that comprises of functionalities from manufacturing, distribution, warehousing, CRM and accounting and bags 20 years of service in providing solution to the companies. This application is used for the mid sized industries for performing accounting; operations; customer relationship management (CRM); human resources (HR); time tracking; and merchant services. The Sage X3 has to be used in a manner that it reduces the cost. This application is easy to use and implement and affordable for the mid sized companies. Sage X3 ERP has been configured in offerings that support Process, Discrete and Distribution environments. Sage X3 application majorly used explicitly in Food and Beverage, Chemicals, Pharmaceuticals and Petrochemicals and sub industries as diverse as dairies, bakeries, paints, lubricants and cosmetics. This also assures a good quality management and control.

The Assessment

The market segments that it aims at and has been delivering performance are the small level and entry level and serving approx. 5.3 million customer; lower mid market having approx.614,000 customers and also the upper mid market and the enterprise holding approx 184,000 customers. This application caters to the evolving needs of the customers and is so customer centric. It thereby renders with the following beneficiaries of reduced time and cost and streamlines and accelerates the business process. It also optimizes the use of current capacity, inter operates across locations thereby improves customers experience. Sage X3 vs JD Edwards Enterprise One so far depicts that the usage is primarily dependant on the companies' requirement.

Working with Sage X3 vs JD Edwards Enterprise

JD Edwards Enterprise One is an integrated applications suite of comprehensive enterprise resource planning software. This application enables to integrate all the business aspects like customer relationship management, enterprise asset management, enterprise resource planning, supply chain management, and supplier relationship management. It provides business intelligence and performance management tools that help you measure the value that sage X3 solutions deliver. It is like a one time investment that can only increase the rapidity of the work process. The basic look out while adopting this package are its features of easy implementation with less of customization. Only JD Edwards Enterprise One offers a choice of databases, operating systems, and hardware so you can build and expand your IT solution to meet business requirements.

Find information on the benefits of Web Based ERP System. Read information on SAP R/3 Architecture and system management.

Small ERP Software for SME Companies to Increase Their Productivity

A small ERP for SME (small and medium enterprises) is a compressive consolidated package with multiple functions. For a small size company when one application can suffice the purpose for accounting, CRM etc, it renders with cost effectively. For a small size company that has limited resources and limited finance, under such a scenario mini ERP paves a good path that can be beneficial for the same. As an example InduSaS Mini ERP is a complete solution including Accountancy, inventory, Sales and Order, Correspondence and Communication, Production Management, Delivery and Transportation. The system supports an unlimited amount of companies, each with an unlimited amount of users.

The various platforms

One platform acts as the solution to many work streams. A small ERP is like a magic wand that eliminates the cost and at the same time improves the work quality. Thereby this reduces the need of manpower and involves those that are technically competent. This renders with a qualitative growth in the work and the work process.

How it works?

Various ERP vendors are indulging themselves in the development of such compact ERP solution software. The target being small sized companies, will improve their market value to create a competitive advantage. The mini ERP form small size company delivers development efforts that are premeditated to nurture your business. The focus of these ERP solutions is customized as well to reduce your overheads. Lower maintenance costs, better documentation and automate your business processes. Work at the Front office and back office software integration results in one cohesive software package.

The overview

Today's ERP systems has the potentials to cover a wide arena from functions as Human Resources, Supply Chain Management, Customer Relations Management, Financials, Manufacturing functions and Warehouse Management functions. These functions earlier stood as a single entity. These emerging trends of providing multiple work process through one application has a profound influence in the work structure within an organization including small sized company. The utility of the mini ERP is beneficial for the small sized companies as it allows them to use the developed application to enhance growth.

These small sized companies needs greater output with limited resources. Unlike SAP and Oracle which are meant for large businesses, Microsoft and Infor are more focused at the smaller business firms. Henceforth using the mini ERP is not only cost effective but also easy for its employees to learn to use for a particular purpose or group of users.

Find information on the Disadvantages of ERP. Read review on Oracle ERP Software and know advantages and disadvantages.