ERP or Enterprise resource planning is a computer software application that is implemented to coordinate and manage all the resources, functions and information from shared data stores of a business. An ERP software system has an architecture based on service orientation with software units and modular hardware or services that communicate basically through a local area network. The modular design enables a business to reconfigure or add modules from different vendors when data integrity is preserved in a shared database that is distributed or centralized.
The initial ERP software system originated as an extended form of MRP or Material Requirements Planning or manufacturing resource planning and CIM or Computer Integrated Manufacturing. The ERP software introduced after the research and analysis by Gartner in 1990. The ERP software systems now cover all the core functions of an organization, regardless of the firm’s business or charter. These systems are now utilised in non-profit organizations, non-manufacturing businesses and government functionalities as well. A software package such as an ERP system must provide at least two services. For instance ERP software must provide both accounting and payroll functions.
Scalability and customization of the small enterprises accounting software package should be studied before purchase. The software package needs to easy to learn and use. So as to every one can run efficiently operate it
ERP accounting software has became very important in today’s world of business since ERP has become the model based on which so many organizations run their business. Many accounting departments in all sort of companies employ one or the other accounting software, ERP accounting software being one such software very often. There are so many ERP accounting software available on the internet. Some of the widely used ones are as follows: –
- Made2Manage ERP accounting software offering business tools to manage customer sales and orders, inventory control, material management, job orders etc.
- SysproERP accounting software offering processing of credit card modules, material yielding systems, automated office, tabulated reports etc.
IRenaissance ERP accounting software allows control over quality, logistics, manufacturing, regulations and many more
While purchasing a small business accounting software package the business owner needs to take care of several desired aspects. Scalability and customization of the package should be studied before purchase. The small business accounting software package needs to easy to learn and use. It should contain the entire features required for the smooth financial management of small scale business ventures. Compatibility of the small business accounting software with the systems of the business owner should be given priority before purchasing them. Along with all the above, the small business accounting software package needs to fit in the budget range of the business owner.
All leading software manufacturers are now specializing in producing small business accounting software packages. Free Microsoft accounting software is at the height of popularity due its customization, accessibility and other special features.