in computers which is still used for doing payroll and accounting
Payroll automation
17215469
Payroll automation Payroll automation refers to the use of computers to produce paychecks and manage benefit payments for a company or community. Often, payroll automation is integrated into the company’s enterprise resource planning system that provides an overall view of the company’s or community’s finances; in addition to payroll, it can manage customer relationships, production, personnel resources, invoicing and accounting. Payroll management consists of several stages and procedures that require expertise in financial administration, such as employment contract management. Payroll management performs the following tasks: The travel costs and travel invoices from the employees are usually processed together with payroll.
Payroll automation
17215469
Payroll automation Payroll automation refers to the use of computers to produce paychecks and manage benefit payments for a company or community. Often, payroll automation is integrated into the company’s enterprise resource planning system that provides an overall view of the company’s or community’s finances; in addition to payroll, it can manage customer relationships, production, personnel resources, invoicing and accounting. Payroll management consists of several stages and procedures that require expertise in financial administration, such as employment contract management. Payroll management performs the following tasks: The travel costs and travel invoices from the employees are usually processed together with payroll.
Payroll automation
17215470
Payroll functions can be automated using software to facilitate the collection, organization and storage of all information required for payroll calculations and regulatory agency reportage requirements. If the payroll software is not purchased as part of a comprehensive business management system, it can usually be combined with the company’s existing solutions for accounting, sales ledger, working hour management and recruiting. Information that has been captured in one part of the system can be used by other modules. Hours registered in the work management system, for example, are automatically transferred to the wage calculation system. Effective payroll automation collects all relevant
Payroll automation
17215471
information in one place in electronic format, reducing mistakes by eliminating the need to synchronize and manage otherwise duplicate data sets. The American Payroll Association (APA) estimates that automation reduces costs related to payroll management by up to 80%, which is partially explained by the reduced mistakes in wage payments and invoicing. Well planned, modern payroll software provides the following benefits: Payroll automation Payroll automation refers to the use of computers to produce paychecks and manage benefit payments for a company or community. Often, payroll automation is integrated into the company’s enterprise resource planning system that provides an overall view
Payroll automation
9877923
Accounting, Softline Pastel Payroll and Softline VIP (Payroll and Human Resources software and services) as well as a selection of Sage products. Softline Accpac is a full service enterprise management software package that can be used across industries. Pastel Accounting is an accounting software package that is used by over 200 000 companies in 52 countries across the globe. Pastel Payroll is online payroll software product developed by Softline. Softline VIP is a Payroll and HR software system for small, medium and large corporations. Ivan is the co-founder and CEO of the Softline Group. His current role is that of
Softline (South African software company)
12091158
for businesses with limited technical expertise. It is attractively priced and covers the basic needs of a small company." AME stands for Accounting Made Easy. AME Accounting Software AME Accounting Software is a business accounting software application developed by AME Software Products, Inc. AME Accounting Software includes Payroll, General Ledger, Accounts Receivable, Accounts Payable, 1099 Vendor Management, MICR check printing, and Direct Deposit. The software is mostly used by small and medium size businesses, as well as accounting practices that process payroll and do bookkeeping for other businesses. The General Ledger software implements a double-entry bookkeeping system, and all modules
AME Accounting Software
12091156
AME Accounting Software AME Accounting Software is a business accounting software application developed by AME Software Products, Inc. AME Accounting Software includes Payroll, General Ledger, Accounts Receivable, Accounts Payable, 1099 Vendor Management, MICR check printing, and Direct Deposit. The software is mostly used by small and medium size businesses, as well as accounting practices that process payroll and do bookkeeping for other businesses. The General Ledger software implements a double-entry bookkeeping system, and all modules are able to post entries to General Ledger. The General Ledger software features comprehensive reports, that include Income Statement, Balance Sheet, Cash Flow Statement, Trial
AME Accounting Software
20247798
earned a master's degree in accounting from the University of Illinois. Carrico was a partner at Arthur Andersen in Chicago, where he was on the team that first used computers for business purposes in 1952. The team used the computer to make payroll for General Electric. He retired in 1974. Carrico was the secretary of the United States Tennis Association from 1973 to 1974, its second vice president from 1974 to 1976, its first vice president from 1977 to 1978, and its president from 1979 to 1980. In 1976, he said he found it "intolerable" for some countries to drop
Joseph E. Carrico
2599968
Payroll A payroll is a company's list of its employees, but the term is commonly used to refer to: Payroll in the sense of "money paid to employees" plays a major role in a company for several reasons. From an accounting perspective, payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and because they are subject to laws and regulations (e.g. in the US, payroll is subject to federal, state, and local regulations). From a human resources viewpoint, the payroll department is critical because employees are sensitive to payroll errors and irregularities: Good
Payroll
2599977
hand, businesses may also decide to utilize payroll software to supplement the efforts of a payroll accountant or office instead of hiring more payroll specialists and outsourcing a payroll company. Payroll software base its calculation on entered rate, approved data obtained from other integrated tools like the electronic Bundy clock, and other essential digital HR tools. Payroll A payroll is a company's list of its employees, but the term is commonly used to refer to: Payroll in the sense of "money paid to employees" plays a major role in a company for several reasons. From an accounting perspective, payroll is
Payroll
5238479
into accounting systems changed the way data was stored, retrieved and controlled. It is believed that the first use of a computerized accounting system was at General Electric in 1954. During the time period of 1954 to the mid-1960s, the auditing profession was still auditing around the computer. At this time only mainframe computers were used and few people had the skills and abilities to program computers. This began to change in the mid-1960s with the introduction of new, smaller and less expensive machines. This increased the use of computers in businesses and with it came the need for auditors
History of information technology auditing
8128211
Payroll service bureau A financial bureau is an accounting business whose main focus is the preparation of finance for other businesses. In the USA such firms are often run by Certified Public Accountants, though a typical financial processing company will refer to itself as a bureau rather than a CPA firm, to distinguish its finance from the general tax and accounting that are generally not offered by a financial bureau. The typical client of a bureau is a small business - one just large enough for finance to be complicated to the point of a hassle, but one still small
Payroll service bureau
1722617
and peripheral equipment, usually on a computer network to be used in restaurants, hair salons or hotels. Like other point of sale systems, these systems keep track of sales, labor and payroll, and can generate records used in accounting and bookkeeping. They may be accessed remotely by restaurant corporate offices, troubleshooters and other authorized parties. Point of sale systems have revolutionized the restaurant industry, particularly in the fast food sector. In the most recent technologies, registers are computers, sometimes with touch screens. The registers connect to a server, often referred to as a "store controller" or a "central control unit".
Point of sale
12091157
Balance Worksheet. The Payroll software calculates federal and state taxes, prints W2, 1099, and payroll checks, and is capable of producing reports for 50 states. AME Accounting Software was initially developed for DOS. In 1998 AME released payroll software for Windows. The current version, AME 2.0 released in 2004, includes all features that are required for running a small business or an accounting practice. The user interface is simple and intuitively understandable. As noted in 2008 June/July issue of CPA Technology Advisor Magazine: "AME offers a good payroll module and core financial functions that are sufficient for smaller entities, especially
AME Accounting Software
4739257
Veterans could get one with a much lower down payment. Construction of the Interstate Highway System began in 1956. Mainframe business computer systems were introduced in the 1950s following the manufacture of transistors. Mainframe computers were in widespread use by the 1960s. These computers handled a variety of accounting, billing an payroll applications. One highly significant application was the Sabre airline reservations system, which first went into operation in 1960. With Sabre reservations could be placed remotely using teleprinters and all functions were done automatically, including ticket printing. This eliminated manually handling file cards. Federal taxes on incomes, profits and
Economic history of the United States
245829
in 1956, Lyons started doing the payroll calculations for Ford UK and others on the LEO I machine. The success of this led to the company dedicating one of its LEO II machines to bureau services. Later, the system was used for scientific computations as well. Met Office staff used a LEO I before the Met Office bought its own computer, a Ferranti Mercury, in 1959. In 1954, with the decision to proceed with LEO II and interest from other commercial companies, Lyons formed LEO Computers Ltd. The first LEO III was completed in 1961. This was a solid-state machine
LEO (computer)
8147511
Code listing book, published by the British Railways Board: "With the widespread use of computers within British Railways and the advent of national computer systems for dealing with payroll compilation, stores recording and accounting, wagon control, traffic data, revenue and expenditure accounting, market and traffic surveys etc., the need for a standard location code became increasingly important. In order to meet this need, the were asked in November 1966 to revise and update the publication then known as the "Terminals and Mileage Gazetteer Code". At the same time the opportunity was taken to include all sidings, yards, depots, offices, administrative
National Location Code
14660215
Later this unit was donated for educational purposes. Other mainframes were leased to insurance companies and energy companies. The Olivetti computers competed directly with foreign manufacturers such as IBM and Ferranti, but received no special consideration from the Italian government. Typical applications were payroll, inventory and accounting. The computing power (approximately 8 to 10,000 instructions per second) was higher than that of competitors for several years. Uptime - as with all computers of the time - was less than 50%, especially in the tape device. This meant the computer was available for productive work only part of the day, and
Olivetti Elea
16849713
Lending by Wave in February 2017. In 2010, Wave launched the first free double-entry accounting platform in the cloud, which included unlimited bank data downloads. The company's initial product, Accounting by Wave, is a double entry accounting tool. Services include direct bank data imports, invoicing and expense tracking, customizable chart of accounts, and journal transactions. Accounting by Wave integrates with expense tracking software Shoeboxed, and e-commerce website Etsy. The next product launched was Payroll by Wave, which was launched in 2012 after the acquisition of SmallPayroll.ca. Payroll by Wave is only available in U.S.A. and Canada. Invoicing by Wave is
Wave (financial services and software)
11279103
Accounting (UIL) Accounting is one of several academic events sanctioned by the University Interscholastic League. The contest began in the 1986-87 scholastic year. Accounting is designed to test students' understanding of general accounting principles and practices used in the business environment. Students in Grade 9 through Grade 12 are eligible to enter this event. All grades compete in one division. The test covers elementary principles and practices of accounting for sole proprietorships, partnerships, and corporations, and may include bookkeeping terminology, the worksheet with adjustments, income statement, balance sheet, trial balance, account classification, journalizing, posting, bank reconciliation, payroll, and other items
Accounting (UIL)
19192703
needs. The trend of automating payroll and workforce management processes began during the 1970s when due to limited technology and Mainframe computers, companies were still relying on manual entry to conduct employee evaluation and to digitize reporting. The first ERP system which integrated HR functions was SAP R/2 (later to be replaced by R/3 and S/4hana), introduced in 1979. This system gave users the possibility to combine corporate data in real time, and regulate processes from a single mainframe environment. Many of today's popular HR systems still offer considerable ERP and payroll functionality. The first completely HR-centered client-server system for
Human resource management system
3144369
Payroll, Financials (formerly Sage Live), Sage Intacct, Enterprise Management (formerly X3), People and Payments. As Sage operates in a large number of countries the available product set varies and typically includes products specifically tailored for each region's nuanced legislation regarding accounting, payroll and taxation. Sage's more regional product ranges include ProvideX, Sage 50cloud Accounts (UK), Sage 50 Accounting, Sage 50cloud Payroll, Sage 100, Pastel Accounting, Sage 200cloud, Sage 300, Sage 1000 and Sage CRM. The Sage Group is a patron of The Sage Gateshead, a Tyneside music venue designed by Sir Norman Foster. The Sage Gateshead was completed in 2004
Sage Group
13076385
XBRL GL The XBRL Global Ledger Taxonomy Framework (XBRL GL) is a holistic and generic XML and XBRL-based representation of the detailed data that can be found in accounting and operational systems, and is meant to be the bridge from transactional standards to reporting standards, integrating the Business Reporting Supply Chain. XBRL GL is developed by the XBRL GL Working Group of XBRL International. XBRL GL can be used by Computer programs for information interchange of accounting General ledger balances (summarized information) as well as complete accounting ledgers (payables, receivables, inventory, payroll, order entry, purchasing, banking) supporting object oriented accounting,
XBRL GL
13076394
for them either. Accounting is originally manual work and parts of it has been computerised using accounting commercial software. But a commercial aspect of accounting is its boundaries and what should be included in accounting commercial software feature packages. The accounting work is making accounting vouchers with entries and then check the entries are right. The major checking tools are the bank account statements to and cash (register) lists, to prove that every monetary transaction is accounted for in the accounting. Still this checking is to a large extent manual very labour-intensive work computers do much better. Secondly proving that
XBRL GL
4070760
'God must have loved the common people—He made so many of them.'" Nixon then called for Stevenson to give a full accounting of his own fund, and a full list of the donors. He also called for Senator Sparkman, who, as Nixon repeated, had put his wife on the payroll, to state fully any outside income he might have had. "Because, folks, remember, a man that's to be President of the United States, a man that's to be Vice President of the United States must have the confidence of all the people. And that's why I'm doing what I'm doing,
Checkers speech
14235361
Red Wing Software Red Wing Software was founded as Red Wing Business Systems in 1979, primarily as an agricultural software developer and distributor. As the company grew, it began to create and market additional accounting software products for other businesses. In 2001, Red Wing Business Systems merged with Champion Business Systems and FMS/Harvest. Software products included in the company merger were Champion Controller Accounting, Profit and Profit Gold Accounting (Champion Business Systems), Perception Accounting Software (FMS/Harvest), AgCHEK, Red Wing DOS Accounting and Payroll, and Red Wing Windows Accounting and Payroll (Red Wing Business Systems). In 2003, the merged company was
Red Wing Software
6098245
tax guidance resources to accounting, corporate and legal professionals that specialize in tax planning and compliance. As part of many of its tax and accounting research products, Bloomberg BNA offers more than 500 ‘’Tax Management Portfolios’’ written by outside practitioners on key tax planning, transactional, jurisdictional or financial accounting issues. Each Portfolio includes an analysis of the alternative approaches to a certain issue, worksheets and practice tools section, sample forms, primary sources and a bibliography. Bloomberg BNA serves the professional payroll marketplace through products like the Payroll Decision Support Network and the Payroll Library. These products provide news, white papers,
Bloomberg BNA
9799190
Brandon Jazz Festival. River East is also well known for putting on great annual performances. For the 2010-2011 school year, River east put on a remake of the 1998 musical "Footloose", the first musical in fifteen years. Auditions were held in October, and the three performances started 12 April 2011. Business Education includes the courses Retailing 20S, Career Development 20S, Accounting Principles 30S, Promotions 30S, Law 40S, Management 40S and Accounting Systems 40S. A Grade 10 class, that is a basic introduction to retailing merchandising principles, skills and practices, doing "hands on" activities, also the opportunity to work on computers
River East Collegiate
2599973
employees' paychecks, preparing various reconciliation reports, accounting for the payroll expense through their financial reporting, and filing payroll tax returns. As you see this suite of employer payroll tax responsibilities is far above issuing paychecks to employees.– Companies typically generate their payrolls at regular intervals, for the benefit of regular income to their employees. The regularity of the intervals varies from company to company, and sometimes between job grades within a given company. Common payroll frequencies include: daily, weekly, bi-weekly/fortnightly (once every two weeks), semi-monthly (twice per month), and monthly. Less common payroll frequencies include: 4-weekly (13 times per year),
Payroll
11512037
Litigation law. The accounting program allows students to learn the principles of fundamental accounting, payroll administration, and accounting software. Graduates are eligible for membership in the Canadian Payroll Association (CPA). The business management courses focus on developing business knowledge, leadership skills, and communications techniques. Graduates obtain a Professional Sales Certificate (PSC) from the Canadian Professional Sales Association (CPSA). Over the years, Canadian Business College has been the recipient of multiple awards. The school won the Gold Consumers Choice Award for Business Colleges in Toronto between 1997 and 2006, as well as the Consumers Choice awards for Computer Training from 2010
Canadian Business College
5738166
time-tracking/recording software records and shows the usage of applications, documents, games, websites, etc. When used within companies, this software allows monitoring the productivity of employees by recording the tasks they perform on their computers. It can be used to help filling out timesheets. The American Payroll Association estimates that companies can save 2% of gross payroll costs each year by automating time tracking. When used by freelancers, this software helps to create reports for clients (e.g. timesheets and invoices) or to prove work that was done. There are several ways companies track employee time using time tracking software. Time-tracking software
Time-tracking software
5331867
used by the Cadbury confectionery factory for calculating invoices and payroll. There is a third machine located in Cumbria, UK. The machine belongs to the Time-Line Computer Archive museum and although nearly complete, is not in working condition. ICT 1301 The ICT 1301 and its smaller derivative ICT 1300 were early business computers from International Computers and Tabulators. Typical of mid-sized machines of the era, they used core memory, drum storage and punched cards, but they were unusual in that they were based on decimal logic instead of binary. The 1301 was designed by an ICT and GEC joint subsidiary,
ICT 1301
1942856
goods or services to a customer - the costs of doing business. Telephone, water, electricity, repairs, salaries, wages, depreciation, bad debts, stationery, entertainment, honorarium, rent, fuel, utility, interest etc. Quick Services business purchases a computer for £500, on credit, from ABC Computers. Recognize the following transaction for Quick Services in a ledger account (T-account): Quick Services has acquired a new computer which is classified as an asset within the business. According to the accrual basis of accounting, even though the computer has been purchased on credit, the computer is already the property of Quick Services and must be recognised as
Debits and credits
5292371
Pegasus Software Pegasus Software is based in Kettering, England and develops accounting and financial management, supply chain, business intelligence, payroll, crm, construction and service management software applications for small and medium-sized businesses. The company was founded in 1981 and was among the first software houses in the UK to launch its applications for the MS-DOS platform. Since then Pegasus has become firmly established as one of the major suppliers of modular accounting, business and payroll software solutions to SMEs. Today there are around 25,000 Pegasus software application licenses in use, its predominant market is the UK and Ireland and the
Pegasus Software
10910963
Accounting software Accounting software describes a type of application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, journal, general ledger, payroll, and trial balance. It functions as an accounting information system. It may be developed in-house by the organization using it, may be purchased from a third party, or may be a combination of a third-party application software package with local modifications. Accounting software may be on-line based, accessed anywhere at any time with any device which is Internet enabled, or may be desktop based. It varies greatly in its complexity and
Accounting software
13803416
Microcomputer revolution The microcomputer revolution (or personal computer revolution or digital revolution) is a phrase used to describe the rapid advances of microprocessor-based computers from esoteric hobby projects to a commonplace fixture of homes in industrial societies during the 1970s and 1980s. Prior to 1977, the only contact most of the population had with computers was through utility bills, bank and payroll services, or computer-generated junk mail. Within a decade, computers became common consumer goods. The advent of affordable personal computers has had lasting impact on education, business, music, social interaction, and entertainment. The minicomputer ancestors of the modern personal
Microcomputer revolution
1423149
customized Series/1 computers included an application by State Farm as an intelligent remote terminal in agents' offices. The processing unit was built into a desk. The Kmart Corporation also used the Series/1 computer initially for its Kmart Information Network (KIN) which handled the store's ordering, invoicing, payroll, inventory, cash, and headquarters to store communications. A separate Series /1 computer was later added in the early phases of its POS roll-out networked with IBM 3683 registers. The Series /1 use for POS systems was short lived as it was quickly replaced by two IBM PC AT computers running either IBM 3683
IBM Series/1
1541933
still occur, and even be missed by the outside auditors. The lack of transparent accounting standards in some nations has been cited as increasing the difficulty of doing business in them. In particular, the Asian financial meltdown in the late 1990s has been partially attributed to the lack of detailed accounting standards. Giant firms in some Asian countries were able to take advantage of their poorly devised accounting standards to cover up immense debts and losses, which yielded a collective effect that eventually led the whole region into financial crisis. This standard is adopted in whole, or in large part,
Accounting standard
20035225
is practical. It also involves automating all the hand-offs that take place between people in performing the process as well as any managing all administrative and approval steps that must take place. End-to-end automation has two objectives. One is to cut down on the time employees spend doing work that computers can do faster and more consistently. The second is to improve the quality of the data in a company’s financial records to ensure greater accuracy, consistency and control of financial data. In this respect, continuous accounting supports the COSO Framework. Automation improves data quality because eliminating human intervention in
Continuous accounting
18452902
costs, and in cost accounting to determine the cost price. Late 19th century additional time cards came in use to register labour hours. Nowadays the time book can be a part of an integrated payroll system, or cost accounting system. Those systems can contain registers that describe the labour time spend to produce products, but those registers are not regularly called time books, but timesheets. Before the 19th century employees could be registered on a payroll, especially in cases such as crewmembers on a ship or soldiers stationed in a location. The paid wages were noted in daybooks, in which
Time book
9281430
support the position of the Government. Any minister who wishes to vote against the Government in Parliament is obliged to resign from governmental office first. There is therefore a built-in bloc of guaranteed support for the Government on any given parliamentary vote. The size of this bloc is substantial and has been increasing over time. Immediately after the 2005 general election, there were 89 ministers and 51 parliamentary private secretaries in the Commons, accounting for 40% of Labour Members of Parliament. Payroll vote The payroll vote is a term in the British parliamentary system for Members of Parliament who concurrently
Payroll vote
16849717
funding led by OMERS Ventures was closed. In September 2011, FedDev Ontario invested one million dollars in funding. In October 2011, a $5-million investment led by U.S. venture capital firm Charles River Ventures was announced. In May 2012, Wave Accounting closed its series B financing round led by The Social+Capital Partnership, with follow-on participation from Charles River Ventures and OMERS Ventures. Wave acquired a company called Small Payroll in November 2011, which was later launched as a payroll product called Wave Payroll. In February 2012, Wave officially launched Wave Payroll to the public in Canada, followed by the American release
Wave (financial services and software)
11993167
budgets, financial statement presentations, audits, payroll, tax reporting and investments. From 2000 to 2007, she was Executive Director of Advisory Groups for the FASB, in which she served as the primary liaison between the Board and its constituent organizations that provide input into its decision-making processes. In August 2007, she was made interim COO of the Financial Accounting Foundation; the position was made permanent in May 2008. Teresa S. Polley Teresa S. Polley is president and chief operating officer of the Financial Accounting Foundation, the private, non-profit organization responsible for administration and oversight of the Financial Accounting Standards Board, the
Teresa S. Polley
4271802
auditing and financial reporting modules. Traditionally, accounting is purely based on manual approach. Experience and skilfulness of an individual accountant are critical in accounting processes. Even using the manual approach can be ineffective and inefficient. Accounting information systems resolve many of above issues. AISs can support an automation of processing large amount of data and produce timely and accuracy of information. Early accounting information systems were designed for payroll functions in 1970s. Initially, accounting information systems were predominantly developed "in-house" as legacy systems. Such solutions were expensive to develop and difficult to maintain. Therefore, many accounting practitioners preferred the manual
Accounting information system
1087664
the development of several area processing plants are examples of the influence agriculture has on the local economy. Other employers include light manufacturers, information technology companies, and the woods products industry. The Loring Commerce Center is located four miles from Caribou and has several major employers, including the Maine Military Authority (100 employees) which restores military and municipal heavy equipment, the Defense Finance Accounting Service (600 employees) which handles accounting and payroll for the armed services, and Job Corps (200 employees). Caribou is also, along with neighboring Presque Isle, one of the service hubs for central Aroostook County. Caribou is
Caribou, Maine
18986846
is integrated with third-party providers for Payroll as well as Invoicing. Bench provides a year-end tax package and can connect directly with a client's CPAs to ensure a smooth tax season. Bench Accounting Bench Accounting, (branded as "Bench") is a fintech company that automates accounting tasks to organize the financials of small businesses, independent contractors, and entrepreneurs. Bench was founded in 2012 by Ian Crosby, along with Jordan Menashy, Adam Saint, and Pavel Rodionov. Unlike traditional accounting solutions, the company provides subscription access to proprietary, cloud-based software in combination with in-house bookkeepers to serve their clients. Bench has raised $33M
Bench Accounting
14106987
by CVC Capital partners. The group's main services are accounting, tax, HR, payroll and corporate secretarial. Other services relates to structured finance, international structuring, international incorporations, fund administration, private equity, real estate investments and IP licensing and collection. TMF Group TMF Group is a multinational professional services firm headquartered in Amsterdam, Netherlands. The independent group provides accounting, tax, HR and payroll services to businesses operating on an international scale. TMF Group, with 125 offices in 83 jurisdictions, employing approximately 7,000 people, provides compliance and administrative services to over 15,000 clients in a €10 billion market. The company was founded in
TMF Group
13561930
of all companies are potentially subject to manipulation, the risk is greater for companies in industries where significant judgments and accounting estimates are involved. Turnover in accounting personnel or other deficiencies in accounting and information processes can create an opportunity for misstatement. As for misappropriation of assets, opportunities are greater in companies with accessible cash or with inventory or other valuable assets, especially if the assets are small or easily removed. A lack of controls over payments to vendors or payroll systems, can allow employees to create fictitious vendors or employees and bill the company for services or time. Attitudes/
Accounting scandals
3144368
Middle East & Australia headquarters are in Johannesburg, South Africa and the French and Continental European headquarters are in Paris, France. Sage has 6.1 million customers and 13,400 employees across the world. Key industry focus includes: Healthcare; HR & Payroll; Construction/ Real-Estate; Transport/ Distribution; Payment Processing; Accountancy; Not-for-Profit; Manufacturing; Retail; Automotive Distribution. Financial results are as follows: The company's core product set can be divided into three areas: Accounting, Payroll & Human Capital Management and Payments. In 2018 Sage's global cloud products were renamed and brought under the banner of the Sage Business Cloud; these include Accounting (formerly Sage One),
Sage Group
1527190
increases in Social Security taxes or cuts in benefits, the Fund is projected to decrease each year until being fully exhausted in 2034. At this point, if legislative action is not taken, the benefits would be reduced. The 2015 Trustees Report Press Release (which covered 2014 statistics) stated: Some basic equations for understanding the fund balance include: "Program revenues" has several components, including payroll tax contributions, taxation of benefits, and an accounting entry to reflect recent payroll tax cuts during 2011 and 2012, to make the fund "whole" as if these tax cuts had not occurred. These all add to
Social Security Trust Fund
7568820
to collect. Revenues of $36 million were recognized, because this portion of the assessment was "available and measurable" within the current period. The city spent a total of $30 million on its employee payroll, including various taxes, benefits and employee withholding. A portion of the payroll taxes will be paid in the next fiscal period, but modified accrual accounting requires the expenditure to be recorded during the period the liability was incurred. The Public Works Department spent $1 million on supplies and services for maintaining city streets. At the end of the fiscal year, the actual revenues of $36 million
Fund accounting
14008164
in terms of memory and expandability. However, a home computer often had better graphics and sound than contemporary business computers. Their most common uses were playing video games, but they were also regularly used for word processing, doing homework, and programming. Home computers were usually not electronic kits; home computers were sold already manufactured in stylish metal or plastic enclosures. There were, however, commercial kits like the Sinclair ZX80 which were both home and home-built computers since the purchaser could assemble the unit from a kit. Advertisements in the popular press for early home computers were rife with possibilities for
Home computer
10024327
issued in the country are for payroll. Cash is the true competition of electronic payment systems. According to a study by Intuition, commissioned by VISA Asia-Pacific, cash still accounts for 80% of all transactions in the region. This is in contrast to the situation in the United States where debit transactions outnumber cash purchases with the former accounting for 35% of total buy. BancNet signed a Memorandum of Agreement with both Banco de Oro (a member bank of both Expressnet and Megalink) and Bank of the Philippine Islands (operator of Expressnet) for terminal sharing in 2009. However, internal settlement arrangements
BancNet Payment System
18430650
and Septre Computer Services. In 1999 Rebus Software was named as the leading (UK) systems supplier for HR and Payroll in a survey conducted as part of the annual Computers in Personnel event In 1999 Rebus was taken private by Warburg Pincus and General Atlantic at a cost of £172m. The Company was bought by Northgate in early 2004 for £153million. At the time there were reportedly 1000 employees. Peterborough Software Peterborough Software was a Payroll and Human Resources software and services company started in Peterborough, England in 1963. It is notable for being a pioneer of computerised Payroll Services
Peterborough Software
17542899
Late 19th and early 20th century these methods for timekeeping, payroll accounting, and piece-rate analysis would significantly improve in theory practice. Garcke and Fells continued their work with methods for stock and stores accounting. Diemer (1904) considered this the most meritorious part of the work. He noted, that it shows "in complete detail a system of requisitions, purchase orders, and stores-accounting records, by means of which double-entry balances may be kept on stores. The principles of the system are sound. A competent storekeeper or purchasing agent should find no difficulty in adapting the ideas of the authors to the requirements
Emile Garcke
14054408
Staffing software Staffing software is a classification of line-of-business software solutions for temporary staffing agencies, such as Adecco, Manpower, Inc., and Randstad. Staffing software is different from talent management software, as talent management software is used by corporate HR departments as opposed to third-party placement firms. Typically, staffing software is a combination of an Applicant Tracking System or Customer Relationship Management system and Job Posting, Human Resource Management, payroll and/or accounting functions. Most staffing software products are front-office-based applications used for the management and placement of people on temporary work assignments. Staffing software also differs from other HR software because
Staffing software
12489532
Open-book accounting Open-book accounting is an extension of the principles of Open-book management to include in an organisation's accounts all those with an interest in the organisation, not merely its employees and its shareholders (including those whose shareholding is managed indirectly, for example through a mutual fund). This effectively means all members of the public. Since almost all accounting records are now kept in electronic form, and since the computers on which they are held are universally connected, it should be possible for accounting records to be world-readable. This is an aspiration: at present, organisations run their accounts on systems
Open-book accounting
200023
used to control conditional jumps, are still in use in the widespread x86 platform. 8080 Assembler code can still be directly translated into x86 instructions; all of its core elements are still present. PCs based upon the 8086 design and its successors evolved into workstations and servers of 16, 32 and 64 bits, with advanced memory protection, segmentation, and multiprocessing features, blurring the difference between small and large computers (the 80286 and 80386's protected mode were important in doing so). The size of chips has grown so that the size and power of large x86 chips is not much different
Intel 8080
2758305
Total cost of ownership Total cost of ownership (TCO) is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or system. It is a management accounting concept that can be used in full cost accounting or even ecological economics where it includes social costs. For manufacturing, as TCO is typically compared with doing business overseas, it goes beyond the initial manufacturing cycle time and cost to make parts. TCO includes a variety of cost of doing business items, for example, ship and re-ship, and opportunity costs, while it also considers incentives
Total cost of ownership
17494049
Sybiz Software Pty Ltd Sybiz Software is a developer of ERP, payroll and HCM software based in Adelaide, Australia. Sybiz Software was founded in 1975 by Malcolm and Pegy Boyd, initially producing applications for Hewlett Packard calculators. Soon after, Sybiz branched out into producing ‘microcomputer business software’ and released its first integrated accounting system called Sybiz. In 1991 Sybiz received acclaim for the release of the world's first accounting program for Microsoft Windows 3.0. at Comdex Las Vegas. Sybiz was acquired by Softline in 1998 which was in turn acquired by The Sage Group plc in 2003. Sybiz began court
Sybiz Software Pty Ltd
13806526
Sage MicrOpay Sage MicrOpay is a supplier of integrated payroll and human capital management people management software and services solutions to Australian businesses. The company is a wholly owned subsidiary of The Sage Group plc, an international company specialising in accounting, payroll and CRM software applications. With operations throughout the UK, Europe, North America, Australia, Asia and South Africa, the Sage Group has an installed customer base of over 6 million businesses. Sage MicrOpay was established in 1985 to provide payroll and human capital management technology to businesses in Australia. The company was later purchased by the Commonwealth Bank in
Sage MicrOpay
12765220
EarthAware software, released in 1996. EarthAware is still available for download and runs on Windows 32-bit computers. Lotter also authored a book on the topic, "EarthScore: Your Personal Environmental Audit and Guide". PEIA is similar in concept to the Ecological footprint. Personal environmental impact accounting Lotter, at the time a graduate student in ecology at the University of California, Davis, developed the PEIA methodology while teaching a course on the History of Western Consciousness in the UC Davis Experimental College. He realized that, while individuals in contemporary Western society generally have an enormous environmental impact, there is very little awareness
Personal environmental impact accounting
3865724
Account (bookkeeping) In bookkeeping, an account refers to assets, liabilities, income, expenses, and equity, as represented by individual ledger pages, to which changes in value are chronologically recorded with debit and credit entries. These entries, referred to as postings, become part of a "book of final entry" or ledger. Examples of common financial accounts are sales, accounts receivable, mortgages, loans, PP&E, common stock, sales, services, wages and payroll. A chart of accounts provides a listing of all financial accounts used by particular business, organization, or government agency. The system of recording, verifying, and reporting such information is called accounting. Practitioners
Account (bookkeeping)
19500496
Maths graduate to create a software application that would handle financial accounts for his business. The first version of the accounting software was launched as an MS-DOS application. It had only basic accounting functions, and was named Peutronics Financial Accountant. Tally's main product is its enterprise resource planning software called Tally.ERP 9 with single and multi-user licences. For large organisations with many branches, Tally.Server 9 is offered. The software handles accounting, inventory management, tax management, payroll etc. Tally Solutions Tally Solutions Pvt. Ltd., is an Indian multinational company that provides enterprise resource planning software. It is headquartered in Bangalore, Karnataka
Tally Solutions
14235362
purchased by the management team, and has since operated as Red Wing Software, Inc. Today, Red Wing Software develops and distributes five products: CenterPoint Accounting Software, TurningPoint Accounting Software, CenterPoint Accounting Software for Agriculture, CenterPoint Fund Accounting Software, and CenterPoint Payroll Software. Red Wing Software Red Wing Software was founded as Red Wing Business Systems in 1979, primarily as an agricultural software developer and distributor. As the company grew, it began to create and market additional accounting software products for other businesses. In 2001, Red Wing Business Systems merged with Champion Business Systems and FMS/Harvest. Software products included in the
Red Wing Software
3852316
large matrix: Technologies that previously only existed in peer-to-peer software applications, like Kazaa and Napster, are starting to appear within business applications. The essential motivation for business software is to increase profits by cutting costs or speeding the productive cycle. In the earliest days of white-collar business automation, large mainframe computers were used to tackle the most tedious jobs, like bank cheque clearing and factory accounting. Factory accounting software was among the most popular of early business software tools, and included the automation of general ledgers, fixed assets inventory ledgers, cost accounting ledgers, accounts receivable ledgers, and accounts payable ledgers
Business software
1863784
IBM in April 2001. Despite its age, Informix-4GL is still widely used to develop business applications, and a sizable market exists around it due to its popularity. With accounting being an inherently text based activity, it is often chosen for its purely text-based interface to optimize data entry efficiency. New accounting applications are still being developed with Informix-4GL for this reason, such as Stansoft which was released in 2010. The Eppix telecommunication accounting system uses IBM Tuxedo services written in the C Programming Language to call pre-compiled 4GL object modules dynamically at run-time. Several companies produced clone versions, with or
IBM Informix-4GL
12162151
FreshBooks FreshBooks, Inc. is an accounting software package developed and marketed by 2ndsite, Inc. FreshBooks products are geared mainly toward small-sized businesses and offer cloud-based accounting applications that manage and pay bills, and payroll functions. The company was founded in 2003 and is based in Toronto, Canada. The company was founded in 2003 by Mike McDerment and Joe Sawada out of McDerment's previous Internet marketing consulting business Anicon. The company traces its origins to McDerment inadvertently losing an invoice record by overwriting in 2003 and sought a new way to manage the accounting for his own business. The product was
FreshBooks
1942857
such. Therefore, the equipment account of Quick Services increases and is debited: As the transaction for the new computer is made "on credit", the payable "ABC Computers" has not yet been paid. As a result, a liability is created within the entity's records. Therefore, to balance the accounting equation the corresponding liability account is credited: The above example can be written in journal form: The journal entry "ABC Computers" is indented to indicate that this is the credit transaction. It is accepted accounting practice to indent credit transactions recorded within a journal. In the accounting equation form: The process of
Debits and credits
20035228
a period to be efficient while quarterly was too long to wait. Other accounting processes are typically handled on a quarterly or semi-annual basis because this longer frequency reflects a more appropriate trade-off of efficiency and control. Even when computers were first used to automate bookkeeping and accounting, the old accounting calendars persisted. The limitations of early business computing technology forced system designers to use batch processing. From an accounting process standpoint, batch systems don’t offer much of an improvement over paper-based ones in changing the timing of finance and accounting processes. They impose the same need to balance efficiency
Continuous accounting
3962039
the companies afloat. Doing staggeringly-bad stuff like "Popsy Pop", which was an Italian–Venezuelan co-production and "A Lizard in a Woman's Skin" [both 1971] – a movie which makes absolutely no sense whatsoever. At the slowest period, Stanley still had a payroll of at least 100 in his employ. So it was, 'Here we go – take the money, make this trash, hopefully, no one will ever see it.' Famous last words."' According to Michael Deeley, the financiers of British Lion Films were reluctant for Baker to be involved in the management of the company because they felt his focus was
Stanley Baker
61963
its IBM System/360 computer architecture that was used in a series of computers capable of running the same programs with different speed and performance. This was significant at a time when most electronic computers were incompatible with one another, even those made by the same manufacturer. To facilitate this improvement, IBM used the concept of a microprogram (often called "microcode"), which still sees widespread usage in modern CPUs. The System/360 architecture was so popular that it dominated the mainframe computer market for decades and left a legacy that is still continued by similar modern computers like the IBM zSeries. In
Central processing unit
5041983
of Defense Dick Cheney created the Defense Finance and Accounting Service to reduce the cost of Defense Department finance and accounting operations and to strengthen financial management through consolidation of finance and accounting activities across the department. Since its inception, DFAS has consolidated more than 300 installation-level finance and accounting offices into 10 sites, and reduced the work force from about 27,000 to about 13,000 personnel. In 2003 DFAS was selected by the Office of Personnel Management to be one of four governmental entities to provide payroll services for the U.S. government. In 2004, Nielsen Norman Group named the Defense
Defense Finance and Accounting Service
8779782
Billback Billback or bill back is an accounting service and/or suite of software that is used for cost recovery. With a billback system, the client or payer is charged a percentage of the total cost of equipment, services, and venues of which they have already used. Billback systems track usage from concert halls to toothpicks, add all the costs up, divide it all out, and calculates the price per usage by hour, minutes, seconds, pieces, visits, clicks, views etc. With the advent of computers, billback systems are useful for occasions that were traditionally difficult to keep track of and where
Billback
16301739
Hills. In August 2015, Entertainment Partners (EP), a payroll and production accounting/financial tracking software firm, acquired the assets of Ease Entertainment including Scenechronize. All existing employees of Scenechronize were retained with operations in the Beverly Hills office relocated to EP's offices in Burbank, California. Scenechronize Scenechronize (stylized as scenechronize) is a computer software platform, developed by Clever Machine Inc., for television and movie production companies. Its purpose is to reduce the need for paper materials used during the production process, in order to reduce waste. Clever Machine was founded in December 2003 and incorporated in California. The founders, Hunter Hancock,
Scenechronize
4200202
Timesheet A timesheet (or time sheet) is a method for recording the amount of a worker's time spent on each job. Traditionally a sheet of paper with the data arranged in tabular format, a timesheet is now often a digital document or spreadsheet. The time cards stamped by time clocks can serve as a timesheet or provide the data to fill one. These, too, are now often digital. Timesheets came into use in the 19th century as time books. Originally developed for an employer to calculate payroll, timesheets can also be used for management accounting. Timesheets may record the start
Timesheet
17796981
Financial software Financial software or financial system software is special application software that records all the financial activity within a business organization. Basic features of this system not only includes all the modules of accounting software like accounts payable, accounts receivable, ledger, reporting modules and payroll but also to explore alternative investment choices and calculate statistical relationships. Features of the system may vary depending on what type of business it is being used for. Primarily, the goal of the financial software is to record, categorize, analyze, compile, interpret and then present an accurate and updated financial dates for every transaction
Financial software
9036876
Professional services automation Professional services automation (frequently abbreviated to PSA) is software designed to assist professionals, such as lawyers, auditors, and IT consultants, with project management and resource management for client projects and utilization rate management for billable staff. This is accomplished by developing metrics to quantify and qualify basic business processes that can then be used to streamline and improve those processes. Typical PSA functions include project management and documentation, time recording, billing, reporting, and labor utilization. These features are often integrated with accounting, Customer Relationship Management (CRM) systems, and payroll systems in order to improve efficiency of overall
Professional services automation
20747681
Sage Intacct Sage Intacct, Inc, previously known as Intacct Corporation, is an American provider of Financial management and services. The company was founded in 1999 and it was acquired by The Sage Group PLC for $850 million in 2017. Its products offer cloud-based accounting applications that enable business payments, manage and pay bills, and facilitate payroll functions. Intacct was founded by Odysseas Tsatalos and David Thomas in 1999 as one of the first accounting applications for the cloud. The company was headquartered in San Jose, grew organically and offered a suite of accounting software that could serve medium and large-sized
Sage Intacct
4933244
QuickBooks QuickBooks is an accounting software package developed and marketed by Intuit. QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions. Intuit was founded in 1983 by Scott Cook and Tom Proulx in Mountain View, California, USA. After the success of Quicken for individual financial management, the company developed similar services for small business owners. The initial Quicken software did not function as a "double-entry" accounting package. The initial release of QuickBooks was the DOS version that was
QuickBooks
3615638
accounting permits reporting at any such level that has been defined, and often allows comparison with historical as well as current budgets. Project accounting is commonly used by government contractors, where the ability to account for costs by contract (and sometimes contract line item, or CLIN) is usually a requirement for interim payments. Percentage-of-completion is frequently independently assessed by a project manager, program management officer (PMO) and project accountant. It includes the continuous recognition of revenues and income related to longer-term projects. By doing this, the seller is able to identify some gain or loss relevant to a project in
Project accounting
15704803
TSheets TSheets is a time tracking and employee scheduling app for companies needing to track, manage, and report time. The service runs in a web browser or on mobile phones and integrates with various payroll and accounting platforms like QuickBooks, Xero, Gusto, Square, and others. TSheets is an alternative to a paper timesheet or punch cards. TSheets has more than 20,000 customers across 100+ countries and have processed more than 120,000,000 timesheets since 2006 and over $8 billion in payroll each year. TSheets is available on Android, iOS, and Google Chrome, or a desktop or mobile web browser. Headquartered in
TSheets
5298927
in the most productive areas, like high volume transactions of banking, accounting and airline reservations, over two decades before personal computers. Also, computers replaced a sophisticated system of data processing that used . Therefore, the important productivity opportunities were exhausted before computers were everywhere. We were looking at the wrong time period. Another hypothesis states that computers are simply not very productivity enhancing because they require time, a scarce complementary human input. This theory holds that although computers perform a variety of tasks, these tasks are not done in any particularly new or efficient manner, but rather they are only
Productivity paradox
10910971
license fee (software as a service - SaaS). The rate of adoption of this new business model has increased steadily to the point where legacy players have been forced to come out with their own online versions. The most recent entrants to cloud accounting software hope to achieve more rapid adoption by avoiding the need to charge a monthly subscription. Accounting software Accounting software describes a type of application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, journal, general ledger, payroll, and trial balance. It functions as an accounting information system. It
Accounting software
17066592
Martin Zwilling Martin "Marty" C. Born and raised on his family's farm near Olney, Illinois, Martin Zwilling graduated from the University of Illinois (Champaign/Urbana) in 1967 with a degree in accounting and a minor in computer science. From 1967 to 1981, he worked for IBM in various locations, doing field sales and marketing, systems engineering, technical support for mainframe computers and applications design. From Kansas City, he moved in 1981 to Boca Raton, Florida to join the development team for the IBM Personal Computer division, where he worked directly with Philip Don Estridge. He led the IBM PC DOS development
Martin Zwilling
8128222
from one software package to another. A bureau software package that has been in for ten years may be based on obsolete operating systems such as DOS and lack Internet functionality, but on the other hand, such software has the advantage of a proven history and a body of real-world experience using it. Payroll service bureau A financial bureau is an accounting business whose main focus is the preparation of finance for other businesses. In the USA such firms are often run by Certified Public Accountants, though a typical financial processing company will refer to itself as a bureau rather
Payroll service bureau
11760061
nationwide and offering a number of "off the shelf" products such as accounting and payroll services. Dialcom "reinvented" itself about every four years by coming out with a completely new product line (all related though the thread of telecommunications) to become the dominant leader in whichever area it targeted, while still supporting and growing the prior underlying services. In 1974 Dialcom developed an online word processing and document management suite of products. For one of its major clients, the US House of Representatives, Dialcom supplied a total constituent management system (CRS) to 240 of the 435 House offices. This service
Dialcom
4256876
payee. Thus, a certified cheque cannot "bounce", and its liquidity is similar to cash, absent failure of the bank. The bank indicates this fact by making a notation on the face of the cheque (technically called an "acceptance"). A cheque used to pay wages may be referred to as a payroll cheque. Even when the use of cheques for paying wages and salaries became rare, the vocabulary "pay cheque" still remained commonly used to describe the payment of wages and salaries. Payroll cheques issued by the military to soldiers, or by some other government entities to their employees, beneficiants, and
Cheque
3482058
Unit record equipment Starting at the end of the nineteenth century, well before the advent of electronic computers, data processing was performed using electromechanical machines called unit record equipment, electric accounting machines (EAM) or tabulating machines. Unit record machines came to be as ubiquitous in industry and government in the first two-thirds of the twentieth century as computers became in the last third. They allowed large volume, sophisticated data-processing tasks to be accomplished before electronic computers were invented and while they were still in their infancy. This data processing was accomplished by processing punched cards through various unit record machines
Unit record equipment
14095944
and Xuni, a native mobile control collection for Xamarin.Forms, iOS, WindowsPhone, and Android. The LeySer school management system division of GrapeCity is responsible for all software and services around managing private educational institutions in Japan. Key modules of the system include accounting, payroll, tuition management and asset management. The software started out in 1980 as a set of accounting tools and over the years has evolved from the earliest MS-DOS version to Microsoft Windows, and today it is a set of software services and solutions based on the .NET Framework platform. The Developer Tools division is one of the primary
GrapeCity
15841210
Liberty Accounts Liberty Accounts is an integrated online accounting and payroll system designed specifically for small and medium enterprises in the UK. Also described as a software as a service or SaaS cloud computing application, Liberty is available to both business owners and accountants. For accountancy firms it is available as a co-branded solution, including the firm's own visual identity and availability form their website. A second-generation online accounting system, Liberty was developed by Athene Systems Limited, along with Neil Chadwick — former Marketing Director of Easycounting. According to the Institute of Chartered Accountants in England and Wales (ICAEW), "This
Liberty Accounts
2599869
credit control department. Other types of accounting transactions include accounts payable, payroll, and trial balance. Accounts receivable Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that
Accounts receivable
17020821
which saw the operation of the Novopay payroll service transition to a government owned company, Education Payroll Ltd. Talent2’s Alesco software continues to be used by Education Payroll to process the Ministry’s payroll under a six-year license arrangement. The transition occurred on 17 October 2014, and saw the government assume full responsibility for the provision of the education payroll service and also the responsibility for customisations of the software. The error rate for payments is now less than 0.2 per cent, less than half the 0.5 per cent acceptable error rate as defined by the Novopay technical review. Police software
Novopay
10039753
Perpetual inventory In business and accounting/accountancy, perpetual inventory or continuous inventory describes systems of inventory where information on inventory quantity and availability is updated on a continuous basis as a function of doing business. Generally this is accomplished by connecting the inventory system with order entry and in retail the point of sale system. In this case, book inventory would be exactly the same as, or almost the same, as the real inventory. In earlier periods, non-continuous, or periodic inventory systems were more prevalent. Starting in the 1970s digital computers made possible the ability to implement a perpetual inventory system.
Perpetual inventory
16126027
were involved in restoring economic stability to Greece. He traveled to Greece aboard the USS Constitution from New York with his family. The JAS was directly or indirectly supported by AID - an economic and military assistance program designed to block the advance of Communism. Duties in Athens ranged from Personnel to Accounting to Payroll issues. Payroll was changed from Drachma's to checks. The payroll in drachmas filled two large suitcase was difficult to secure, count and manage. Estes performed inspection tours in areas where the U.S. was engaged in active projects to help restore the Greek economy and to
Thomas S. Estes
20228309
it was actually designed to cause maximum damage, with Ukraine being the main target. Security experts believe the attack originated from an update of a Ukrainian tax accounting package called MeDoc (), developed by Intellect Service. MeDoc is widely used among tax accountants in Ukraine, and the software was the main option for accounting for other Ukrainian businesses, according to Mikko Hyppönen, a security expert at F-Secure. MeDoc had about 400,000 customers across Ukraine, representing about 90% of the country's domestic firms and prior to the attack was installed on an estimated 1 million computers in Ukraine. MeDoc provides periodic
2017 cyberattacks on Ukraine
1722610
but it is only one part of the entire POS system used in a retail business. "Back-office" computers typically handle other functions of the POS system such as inventory control, purchasing, receiving and transferring of products to and from other locations. Other typical functions of a POS system are: store sales information for enabling customer returns, reporting purposes, sales trends and cost/price/profit analysis. Customer information may be stored for receivables management, marketing purposes and specific buying analysis. Many retail POS systems include an accounting interface that "feeds" sales and cost of goods information to independent accounting applications. A multiple point
Point of sale
742023
planned to market its Adam home computer to "boys age 8 to 16 and their fathers ... the two groups that really fuel computer purchases"—so games dominated home computers' software libraries. A 1984 compendium of reviews of Atari 8-bit software used 198 pages for games compared to 167 for all other software types. Because computers generally had more memory and faster processors than a console, they permitted more sophisticated games. They could also be used for tasks such as word processing and home accounting. Games were easier to duplicate, since they could be packaged as floppy disks or cassette tapes
Video game crash of 1983
2884967
also contributed to improved business management techniques. Colonel Roswell Lee, hired as superintendent in 1815, brought centralized authority, cost accounting for payroll, time, and materials, and increased discipline to a manufacturing environment—all business practices still in use today. In 1843, Henry Wadsworth Longfellow visited the Armory and wrote his poem "The Arsenal at Springfield." The anti-war poem described the rows of finished guns, by that point 1,000,000 stockpiled there, stored vertically in open racks: "Like a huge organ, rise the burnished arms." With the destruction of the Harpers Ferry Armory early in the American Civil War, the Springfield Armory was
Springfield Armory
4178764
application. The nominal purpose of the boss key is to make it appear to superiors and coworkers that employees are doing their job when they are actually playing games or using the Internet for non work-related tasks. It was a fairly common feature in early computer games for personal computers, when most boss keys were used to show dummy DOS prompts. The use has faded somewhat, as modern multitasking operating systems have evolved. However, some programs still retain a boss key feature, such as instant messaging clients or their add-ons or comic book viewers like MComix. The boss key was
Boss key
526506
month for a total of $3000 (priced at $600 each), or 10 coaches for a total of $4500 (priced at $450 each), and make a profit of $500 in both cases. The following are different cost accounting approaches: Basic cost elements are: These categories are flexible and sometimes overlapping. For example, in some companies, machine cost is segregated from overhead and reported as a separate element altogether, and payroll costs are sometimes separated form other production costs. Classification of cost means, the grouping of costs according to their common characteristics. The important ways of classification of costs are: In modern
Cost accounting