Hardware and Software for Business

1586 Words4 Pages
bulb-icon

Recommended: +Accounting Software Choieces

Hardware and Software for Business One of the most important decisions a business will make is the purchase of computer hardware and software for the use of the business. Whether the company is a small Mom and Pop business or a large company with multiple locations, the criteria in deciding the appropriate automated accounting system is similar. Some of the questions in buying a computer system are: What will be the cost? Will the software meet all the needs of our organization? What kind of internal and external controls will our business have to incorporate with the software system? How does management decide which employee has access to the information in the accounting system? What kind of reports can our company expect the software to generate for each department in our organization, and lastly what role will the Internet and Intranet play in our business? These are only a few of many questions and decisions a business will have to answer when considering the purchase of an automated computer system. An option that is worth considering by executive management is hiring a Computer Systems Analyst. They can evaluate business procedures and make recommendations about the selection of computer hardware and software that would meet the company’s industry needs. They will also interview staff to specifically to ... ... middle of paper ... ...ernal Control. In Modern Auditing. Retrieved from University of Phoenix. Internet. (2008). In Merriam-webster. Retrieved October 12, 2008, from http://www.merriam-webster.com/dictionary/internet Intranet. (2008). In Merriam-webster. Retrieved October 12, 2008, from http://www.merriam-webster.com/dictionary/intranet Johnson. (2004, September). Accounting information systems and business processes: part 1 [PowerPoint slides]. Retrieved from http://64.233.169.104/u/wkuedu?q=cache:NkDqfuaZ1A4J:blog.wku.edu/podcasts/Johnson_Accountingsecond.ppt+the+sales+process&hl=en&ct=clnk&cd=2&gl=us&ie=UTF-8. State of California, (2008). INTERNAL CONTROL. Retrieved October 15, 2008, from http://sam.dgs.ca.gov/TOC/20000/20050.htm

Show More
Related

  • Debenhams PLC

    2104 Words  | 5 Pages

    Management accounting in organisation is very important for decision-making and to make the business more efficient and therefore increasing its profits. Is the process of preparing accounts that can help managers to make day-to-day and short-term decisions, by providing them with accurate and timely key financial and statistical information...

    Read More

  • Accounting Fraud, the Investor and the Sarbanes Oxley Act

    1981 Words  | 4 Pages

    Romney, Marshal, and Paul Steinbart. Accounting Information Systmes. 10th ed. Upper Saddle River: Pearson Education, 2006. 193-195.

    Read More

  • Mis 505 Final Project Paper

    606 Words  | 2 Pages

    It is important for managers to make right decisions when it comes to a business. Managers need to make decisions based on surrounding factors and make decisions due to problems that arise. Managers also need to solve those problems which can give a business a competitive advantage. That is why it is important to have a Decision Support System in place, it can help a manager in better decision-making. This paper seeks to explain Information systems and Decision Support System (DSS). The following topics will be covered with regards to Information Systems and Decision Support System; background on what an Information system is, what a Decision Support Systems is, explain how the Decision Support System relates to users, discuss the types of Decision Support Systems, characteristics of a Decision Support System, explain the advantages as well as the disadvantages of the Decision Support Systems and lastly

    Read More

  • Impacts of MIS on the Boeing Organization

    1771 Words  | 4 Pages

    Asemi observe that Management Information System (MIS) is one of the information systems that is computer based. Besides, Asemi defines MIS as “an organizational method of providing past, present and project information related to internal operations and external intelligences. It supports the planning, control and operation functions of an organization by furnishing uniform information in the proper time frame to assist the decision makers,” (2011). The aim of MIS is to satisfy the general information need of the entire manager in an organization. Before the advent of computers, the process of decision-making was one that was full of built-in advantages and ad hoc methods. Computers technologies have changed the landscape of the decision-making process completely by making the process less demanding and easy to undertake. The reason for this situation is that information technology has made access to information more automated, efficient, effective, timely, and less ambiguous. Consequently, the ordinary t...

    Read More

  • Budget Analysis

    1842 Words  | 4 Pages

    Marshall, M.H., McManus, W.W., Viele, V.F. (2003). Accounting: What the Numbers Mean. 6th ed. New York: McGraw-Hill Companies.

    Read More

  • Sage 50 Accounting Pros And Cons

    370 Words  | 1 Pages

    With the progression of computer technologies, more businesses are turning to computers for all their accounting needs. Gone are the days where most businesses did their all their accounting work by hand. There have been several tech companies that have recognized this, and have produced software to assist in the accounting department. Sage 50 Accounting is one such computerized accounting software, although I feel that Intuit’s QuickBooks Accounting software is by far the best software choice and the best value for your dollar.

    Read More

  • Quickbooks Accounting Software

    1583 Words  | 4 Pages

    Accounting/Finance application systems like Peachtree, Net Suite and QuickBooks let you manage your business with a little or no experience. All three application systems allow the users to manage the companies' capital including bookkeeping, inventory, non-inventory & service items, sales orders, purchase orders, and reports. It allows the companies to keep tracking of the financial assets and at the same time have the information the accountant needs. Using the accounting/finance application system, makes it easier to enter and process the data rather than manually enter and process the data.

    Read More

  • Communicating With The It Department

    1096 Words  | 3 Pages

    Today, hardware is affordable and support is abundant. With these major changes businesses are upgrading and installing complete network systems with multi-site databases and very complex Intranets. Along with the systems comes the support. The options are to have an outside firm support the system or an onsite/internal IT Department.

    Read More

  • Process Costing System

    1088 Words  | 3 Pages

    "College Accounting Coach." Process Costing-Definitions And Features(Part1) « Process Costing « Cost Accounting «. Feb. 2007. Web

    Read More

  • Statement of Purpose for a Ph.D in Accounting

    2033 Words  | 5 Pages

    I am interested in conducting research and teaching in managerial accounting, auditing and assurance services and accounting information systems. In particular, I am interested in exploring the role of accounting information systems in decision making, internal control, and auditing. In order to gain an appreciation of these and related issues, it is essential for me to have a strong grounding accounting, accounting information systems, information technology, managerial accounting, as well as gain a general economic and management perspective.

    Read More

  • Implementing Total Quality Management (TQM)

    3222 Words  | 7 Pages

    Effectively integrating information technology (IT) into an organization’s business processes is critical if the organization wants to increase productivity and remain profitable. IT includes items such as the systems software, application software, computer hardware, and the networks and databases that help manage the organization’s information. When implementing quality standards and processes that are forever changing in the IT world, organizations must balance these changes while continuing to rapidly implement new systems technologies in order to stay competitive.

    Read More

  • Hardware And Software Essay

    689 Words  | 2 Pages

    Hardware and software combined with several other devices work together to makes up a computer system. One part has little value without the other. The components need each other to fulfill their potential. The way the components interact allows people to use the computer to complete many different tasks (Ambrose, 2005, p. 58). The purpose of this assessment is to recognize computer system hardware components including devices that perform the functions of input, processing, data storage, and output. The document will briefly describe each of these functions and give examples of the device that perform them. Furthermore, it will mention and describe the different classes of computers as well as briefly describe two classes of software with their examples.

    Read More

  • Your Choice Furniture

    2090 Words  | 5 Pages

    Base on the case of “Your Choice Furniture”, we marked this system's analysis to formulate solutions in this report; it assisted in evaluating the impact of recent change information technologies of “Your choice furniture” business system for evaluating how well the firm will be performing.

    Read More

  • Role Of Accounting Information System

    1065 Words  | 3 Pages

    An Accounting Information System (AIS) can be defined as software that helps accountants to collect data and process it to create information ((Bagranoff, Simkin and Norman 2010)

    Read More

  • Computerised Accounting System

    1303 Words  | 3 Pages

    The following essay aims to analyse in depth a computerised accounting system and its aspects such as its history, what technologies is based on, and how it has developed since its beginning. Other aspects such as the current state of the system and the interactions with other systems and the future of the system will also be covered in this paper.

    Read More

More about Hardware and Software for Business

Open Document