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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 accounting standard board


Best-of-breed Approach to Finance and Accounting
CODA's savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and

accounting standard board  Sarbanes-Oxley Act (SOX), International Accounting Standard (IAS), Basel II, etc., and also to give finance managers more time to analyze their finance figures, and to think about and plan for the near future. CODA Collaborative Close has been designed to work with extensible markup language enabled (XML)-financial applications from vendors such as Microsoft Navision, Microsoft Great Plains , SAP, and Oracle (including PeopleSoft ), as well as CODA's own CODA-Financials. Alliances Help Too Despite its

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Financial Packages RFI/RFP Template

General Ledger, Accounts Payable, Fixed Assets, Cost Accounting, Cash Management, Budgeting, Accounts Receivable, Financial Reporting, Project Accounting, Product Technology 

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Documents related to » accounting standard board

Meeting the Challenge: Planning for IFRS Conversion


Over 100 countries now require or permit International Financial Reporting Standards (IFRS) reporting. Companies preparing to make this challenging switch will need to focus on technical accounting issues, the differences between IFRS and generally accepted accounting principles (GAAP), and more. Learn about the issues surrounding IFRS adoption and the systems you use to manage and report financial information.

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Smooth Transition: Preparing for IFRS


International Financial Reporting Standards (IFRS) are the reporting standards developed by the International Accounting Standards Board (IASB). IFRS is now required or permitted in nearly 100 countries, while others plan to adopt or align with IFRS soon. In the US, Generally Accepted Accounting Principles (GAAP) will soon be aligned with IFRS. Find out how this will affect your company, and what you can do about it.

accounting standard board  is precluded under International Accounting Standard 2 (IAS 2) . Companies that use the LIFO costing methodology under US GAAP may experience different operating results as well as altered cash flows under the IFRS regime. In addition, IFRS reporting standards require inventory to be carried at the lower of cost and net realizable value (NRV) , while under US GAAP, inventory is carried at the lower of cost and market-based valuation. Under IFRS, a larger number of financial instruments will qualify as Read More

Why Privately Held Manufacturers Should Implement IFRS-ready ERP Solutions


While regulatory requirements to adopt International Financial Reporting Standards (IFRS) may be a concern for publically traded companies only, there are plenty of reasons why privately held entities will want to prepare to adopt IFRS as well.

accounting standard board  list of the IFRS accounting principles that apply to your business, and highlight any major areas of change. In some cases, even when the international standard represented a change, it wasn't significant. For instance, IFS historically had to review financial instruments for embedded derivatives and typically reviewed our accounts payable (AP) contracts. But we found that under IFRS, IFS also needed to review all rental and lease contracts. In some cases like this one, the new IFRS standard might simply Read More

Solomon Stands the Test of Time Despite Changing Masters Part Three: Product Differentiators


Of all the MBS' products, Solomon is apparently the purest in terms of a standard Microsoft technology stack, and without any proprietary additions. Furthermore, its sharp focus solely on Microsoft technology from ground up, coined in ''the power of one'' motto (one OS platform - Windows XP/NT/2000, one database platform - MS SQL Server, one development environment - MS Visual Basic, etc.), also presents an attractive, risk-adverse option for penny-pinching mid-market customers. Solomon IV has consequently been very competitive in speed of implementation, feasibility of customization, total cost of ownership (TCO), and price/performance ratio.

accounting standard board  Currency Translation, and International Accounting Standard Board (IASB) Statement 125. The module supports translations from one set of books to another set of books, and supports multi-tier translations and consolidations. A built-in version of the FRx Desktop and FRx Forecaster marquee financial planning, budgeting and reporting software integrates with Solomon for financial statement presentation, as it locates data from different accounting systems if necessary and puts all the information in a Read More

The Potential of Visa's XML Standard


Visa introduces a new global XML invoice specification.

accounting standard board  Potential of Visa's XML Standard Event Summary Visa International has introduced a new specification to automate business-to-business (B2B) purchasing functions and monitor travel and entertainment (T&E) expenses worldwide - both on the Internet and in the physical world. The new Visa Global Invoice Specification uses Extensible Markup Language (XML) to exchange invoice and payment data across industries and technical processing platforms. Implementation of the specification enables corporations to Read More

Data Pro Accounting Software


Data Pro Accounting Software, Inc., privately owned, is based in St. Petersburg, Florida and was originally incorporated in June of 1985. The goal of the corporation has always been to develop and market a full line of accounting software products for a wide range of market segments, on a broad spectrum of operating systems environments such as DOS, Windows and UNIX.

accounting standard board  Pro Accounting Software Data Pro Accounting Software, Inc., privately owned, is based in St. Petersburg, Florida and was originally incorporated in June of 1985. The goal of the corporation has always been to develop and market a full line of accounting software products for a wide range of market segments, on a broad spectrum of operating systems environments such as DOS, Windows and UNIX. Read More

BOARD Certifies Its Unique Business Intelligence/Business Performance Application with TEC


BOARD International provides a unique application, comprising an original mix of business intelligence, business analytics, and enterprise performance management capabilities—all within a single platform. TEC BI Analyst Jorge García describes the originality and user benefits of the BOARD Management Intelligence Toolkit.

accounting standard board  BI, BI solution, corporate performance management, CPM solution, enterprise peroformance management, EPM solution, BOARD Management Intelligence Toolkit, BOARD International, rapid application development, fast data analytics, multidimensional analysis, Hybrid Bitwise in-Memory Pattern technology, HBMP technology, integrated BI solution Read More

Case Study: A New Standard for Resource Planning in the Railway Business


Railion Nederland N.V. is an independent operating company of Railion Deutschland, the largest rail cargo transporting company in western Europe. The company transports almost 25 million tons, more than 70 percent of which is of an international nature. Railion needed a planning solution to overcome the drawbacks of its old system, which had been designed for passenger transport. Find out which system it chose, and why.

accounting standard board  Study: A New Standard for Resource Planning in the Railway Business Case Study: A New Standard for Resource Planning in the Railway Business If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. The Quintiq Planning & Scheduling software is unique in the sense that it comprises standard software creating an exact fit to the customer’s needs. The Quintiq software is applicable for strategic, tactical and operational planning and real Read More

Standard & Poor's Exposes Customers' Security


Due to security vulnerabilities in Standard & Poor's Comstock product, their customer sites throughout the world have been exposed to extensive security holes.

accounting standard board  & Poor's Exposes Customers' Security Standard & Poor's Exposes Customers' Security L. Taylor - June 21, 2000 Event Summary Standard & Poor's (S&P), a division of McGraw-Hill, knowingly exposed their customers to information security vulnerabilities through their SPComstock analyst service. The security vulnerabilities, originally discovered in January, allowed customers to break into any other customer networks via their MultiCSP turnkey Linux box. The stock quote service, which is provided to Read More

Sage BusinessWorks Accounting


Sage BusinessWorks 50 Accounting (formerly BusinessWorks Gold) bridges the gap between off-the-shelf, entry-level products and complex high-end systems. Its modular design is ideally suited for growing small and medium-sized businesses. BusinessWorks combines robust features such as serial number tracking, multiple warehouse management capabilities, and multiple costing and pricing methods for complete inventory management.

accounting standard board  BusinessWorks Accounting Sage BusinessWorks 50 Accounting (formerly BusinessWorks Gold) bridges the gap between off-the-shelf, entry-level products and complex high-end systems. Its modular design is ideally suited for growing small and medium-sized businesses. BusinessWorks combines robust features such as serial number tracking, multiple warehouse management capabilities, and multiple costing and pricing methods for complete inventory management. Read More

PCI DSS Made Easy: Addressing the Payment Card Industry Data Security Standard


In 2004, there were 1.3 billion credit cards in circulation in the US. With fraud incidents on the rise, credit card companies are at constant risk of losing sensitive cardholder data. At the same time, strict payment card industry (PCI) requirements are forcing companies to put better systems in place to ensure clients are adequately protected. By implementing the right software tools, achieving compliance is possible.

accounting standard board  DSS Made Easy: Addressing the Payment Card Industry Data Security Standard In 2004, there were 1.3 billion credit cards in circulation in the US. With fraud incidents on the rise, credit card companies are at constant risk of losing sensitive cardholder data. At the same time, strict payment card industry (PCI) requirements are forcing companies to put better systems in place to ensure clients are adequately protected. By implementing the right software tools, achieving compliance is possible. Read More

Accounting Software Selection Challenge #3: Microsoft vs. Infor (Difficulty = Basic)


I just want to make a quick point to address a popular software selection misconception. Here’s the misconception:  “The best accounting package for my business is the software that supports the most comprehensive breadth of accounting functionality.” And below are a couple of graphics from TEC Advisor (based on a hypothetical accounting software selection project) that show why this

accounting standard board  misconception:   “The best accounting package for my business is the software that supports the most comprehensive breadth of accounting functionality.” And below are a couple of graphics from TEC Advisor  (based on a hypothetical accounting software selection project) that show why this is flat-out wrong (click to enlarge the images):   In an evaluation of over 4,100 accounting criteria, Infor FMS SunSystems [ see TEC's competitor rating analysis for Infor FMS SunSystems ] outranks Microsoft Read More

How to Compare the Real Cost of Accounting Software: 30 Questions to Ask Before You Sign the Contract


Once you decide it’s time to upgrade the enterprise resource planning (ERP) for accounting system, the next question is: “How much does it cost?” However, many variables factor into the total project price—and software is only a fraction of that. Discover 16 insider tips that can help you save money, as well as 30 specific questions to ask your software vendor, so you can avoid hidden costs and understand the total quote.

accounting standard board  the Real Cost of Accounting Software: 30 Questions to Ask Before You Sign the Contract Once you decide it’s time to upgrade the enterprise resource planning (ERP) for accounting system, the next question is: “How much does it cost?” However, many variables factor into the total project price—and software is only a fraction of that. Discover 16 insider tips that can help you save money, as well as 30 specific questions to ask your software vendor, so you can avoid hidden costs and understand the Read More