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INTRODUCTION.pdf

Avatar for Kundan kumar Kundan kumar
March 05, 2013
59

 INTRODUCTION.pdf

Avatar for Kundan kumar

Kundan kumar

March 05, 2013

Transcript

  1. • Amorphis is a computer application that records and processes

    accounting transactions and functions as an accounting information system. • It consists of various functional modules such as accounts payable, accounts receivable, payroll and trial balance.
  2.  Well planned and implemented accounting software can handle all

    aspects of finance management.  It is typically composed of various modules dealing with particular areas of accounting
  3.  Accounts payable - where the company enters its bills

    and pays money it owes.  Accounts receivable - where the company enters money owed to it.  Billing - where the company produces invoices to clients/customers.  Expense - where employee business-related expenses are entered.
  4.  General ledger - the company's "books".  Payroll -

    where the company tracks salary, wages, and related taxes.  Reports - where the company prints out data.  Timesheet - where professionals (such as attorneys and consultants) record time worked so that it can be billed to clients.
  5. OBJECTIVE It helps the user to record the transactions on

    daily basis and maintain it and stored as it helps in future reference.
  6. ADVANTAGES 1. Easy to work with. 2. Helps in increasing

    organization’s profits . 3. Serves as vital tool for financial management.