How To Choose Kennel Software
Enterprise resource planning software covers all the possible aspects of small to large including accounting and integrates all the aspects of an under one seamless software to allow the information to flow from http://www.jvplanet.com/ one department to another in real time and produce consolidated outputs which can reflect status of entire . Enterprise resource planning software is resource management software which is capable of dealing with all the activities of an like in case of manufacturing it can start from keeping track of raw material suppliers up to after sales records of finished product. Whereas accounting software keeps track of money flow by processing account receivables and and generate reports which display the exact standing of an in terms of profit and loss.
The confusion about the difference between and accounting software has grown largely due to the fact that most of the software companies either had established accounting software around which they build an or they took over small accounting software companies to develop Enterprise resource planning software. To identify the huge difference between and accounting software one needs to know that accounting software starts from sale, purchase, cash and bank vouchers and finishes at balance sheet explaining the financial status of the with in given period.
Whereas enterprise resource planning goes much beyond than simple accounting and can even predict future losses or profits, changing market trends, better opportunities, ways to increase profit margins, lowering cost of production, improving quality of finished product, identifying new markets etc., and it can provide this whole information to the management in one consolidated format. Hence the difference between and accounting is that is a tool which does not simply explains how business is running but it can also suggest how to run it better for earning