Recently, we have seen a great change in business management thanks to software such as erp. For many years, business has been using the accounting software for management purposes. But, companies are now using the enterprise resource software, erp. However, people are still confused and don’t know the difference between the accounting and erp, with many thinking it is one and the same thing. This article will compare the two software for better understanding. It could be good to make an ERP comparison. To understand the accounting and erp software, we will subdivide our topics into various subcategories such as follows:
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Functions
For the accounting software, its main function is to account different processes such as payrolls, receivables, accounts payables, trial balances, and payrolls. Some of the models linked to the accounting software include sales order, purchase order, electronic payment, billing, general ledger, timesheet, and expense account. Although there are certain crossovers with the functioning of the erp software, the two software are not the same.
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Account software is part of erp
For instance, the Microsoft Dynamics GP modules. The packages handle financial services such as management, financial planning, and budgeting. These services were categorized as accounting software a while ago. However, other software uses the same features today. Business processes such as project and supply chain management, reporting and analysis, human resource management and IT management are some of the services that can be managed by the Microsoft Dynamics GP software.
The accounting software and the erp software are two different programs, but this doesn’t make a lot of difference in the corporate world. This is so because when you analyze the accounting software, it is a free tool that has always been contracting. In the recent past, there have been many accounting software resellers leaving the business or being owned by larger companies.
Choosing Between Accounting and ERP Software
