Chapter
15-1
Chapter 15:
Accounting and Enterprise Software
Introduction
Integrated Accounting Software
Enterprise-Wide Information Systems
Selecting a Software Package
Chapter
15-2
Introduction
Advances in Accounting Software


Initially processed bookkeeping transactions
Developed into powerful and complex data
collection programs
Enterprise Resource Planning Systems (ERP)


Provide all accounting functions
Interfaced with multiple functional areas of
business
 Manufacturing, Sales and Distribution, HR
Applications
Chapter
15-3
Integrated Accounting
Software
Function


Process all types of accounting transactions
Transactions affecting general and special journals
Modules



Organizes transaction processing in modules
Provides links between modules
Include Accounts Receivable, Accounts Payable,
Inventory, and Payroll
Chapter
15-4
Separate Systems and Hidden Profiles
I have :
I have :
3 facts that support choice “A”
0 fact that support choice “B”
2 facts that support choice “C”
0 fact that support choice “A”
3 facts that support choice “B”
2 facts that support choice “C”
I have :
2 facts that support choice “A”
2 facts that support choice “B”
2 facts that support choice “C”
Chapter
15-5
Separate Systems and Hidden Profiles
I have :
TOTAL
5 for choice “A”
5 for choice “B”
6 for choice “C”
I have :
3 facts that support choice “A”
1 fact that support choice “B”
2 facts that support choice “C”
1 fact that support choice “A”
3 facts that support choice “B”
2 facts that support choice “C”
I have :
2 facts that support choice “A”
2 facts that support choice “B”
2 facts that support choice “C”
Chapter
15-6
Features of Integrated
Accounting Software Programs
Chapter
15-7
Small Business Accounting
Software
Information Needs of Small Business Owners


Cash Flows
Evaluating Profitability
Popular Software Packages


Quickbooks by Intuit
Peachtree Accounting
Chapter
15-8
Midrange and Large-Scale
Accounting Software
Utilization


Transaction processing needs grow
Volume and complexity
Popular Software Packages





Microsoft Dynamics GP
SAP Business One
Epicor
Sage software’s MAS 90, MAS 200
Everest
Chapter
15-9
Midrange and Large-Scale
Accounting Software
Cost Considerations

Range from $2,000 to over $300,000
Features





Multi-currency transactions
Currency conversions
Various modules and interfaces (CRM, HR)
Deployment options (desktop, web-browser)
Hosted solutions
Chapter
15-10
Midrange Accounting
Software Integration
Chapter
15-11
Specialized Accounting
Information Systems
Specially designed software for specific industries

Schools, Dental Offices, Pet Retailers
Can be designed as add-on modules for integrated
software packages
Independent developers create programs to
interface with integrated packages
Chapter
15-12
Enterprise-Wide Accounting
Software Solutions
Enterprise Resource Planning Systems (ERP)


Enterprise software and Business application suites
Integrated program with central database
Popular Products




Microsoft Dynamics AX
SAP All-in-One
Oracle
Sage MAS 500
Chapter
15-13
Enterprise System
Functionality
Basic ERP Functions


Integration among major business processes
Order processing and Fulfillment, Manufacturing,
Purchasing, and Human Resources
Extended ERP Systems


Back-office functions
Front-office functions
Chapter
15-14
Extended ERP Systems
Supply Chain Management (SCM)
Customer Relationship Management (CRM)
Business Intelligence Tools (BI)
Partnership Relationship Management (PRM)
Chapter
15-15
ERP System Integration
Chapter
15-16
Supply Chain Example
Chapter
15-17
The Architecture of
Enterprise Systems
Chapter
15-18
The Architecture of
Enterprise Systems
Systems Configurations


Often run on company’s system
Hosted solutions help alleviate risks
Centralized Database



Each data item stored once
Prevents data redundancy
Data immediately available to all business functions
Chapter
15-19
The Architecture of
Enterprise Systems
Application Interfaces

Best-of-breed approach
 Enterprise application integration(EAI)
Internet Portals


Gateways to other web sites
Enhances communication and productivity among
employees, customers, partners, and suppliers
Chapter
15-20
Study Break #3
Which of the following is distinguishing characteristic of an
enterprise-wide (ERP) system?
A.Must be a hosted solution
B.Multiple databases
C.Integration of business functions
D.Low cost
Chapter
15-21
Study Break #4
Components of an ERP’s architecture typically include:
A.A centralized database and application interfaces
B.Internet portals and multiple databases
C.A centralized database running on a mainframe computer
D.Business intelligence and multiple databases
Chapter
15-22
Business Process
Reengineering and ERPs
ERP Integration

Entails reengineering an organization
 Encourage conformity with best practices
BPR Success

Planning
 High-level review of process
 Support from top management
Chapter
15-23
Key Aspects of BPR Success
Chapter
15-24
Costs and Benefits
of Enterprise Systems
Chapter
15-25
Sales Dashboard Example
Chapter
15-26
Measuring the Value
of an ERP
Chapter
15-27
Summary of
Software Packages
Chapter
15-28
When is a New AIS Needed?
Chapter
15-29
Selecting the Right Software
Approach will vary

Complexity of the business and software
 Packaged software or custom system
Acquiring Software

Utilization of value-added reseller (VAR)
 Vendor consultants
Chapter
15-30
Chapter 15
Chapter
15-31
Chapter
15-32