Showing posts with label accounting. Show all posts
Showing posts with label accounting. Show all posts
Depending on SEO of the website and popularity of the software in the internet world, here are 10 Top (most popular) Accounting Software in Indonesia.
  1. Zahir Accounting
  2. Accurate Accounting Software
  3. MYOB
  4. MyBiz
  5. Abipro
  6. Akurasi
  7. SIMAK Accounting Software
  8. Intelegentexpert
  9. Quickbooks
  10. Pearchtree
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Accounting software is application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll, and trial balance. It functions as an accounting information system. It may be developed in-house by the company or 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. It varies greatly in its complexity and cost.

The market has been undergoing considerable consolidation since the mid 1990s, with many suppliers ceasing to trade or being bought by larger groups.

Accounting software is typically composed of various modules, different sections dealing with particular areas of accounting. Among the most common are:

Core Modules:
* Accounts receivable—where the company enters money received
* Accounts payable—where the company enters its bills and pays money it owes
* General ledger—the company's "books"
* Billing—where the company produces invoices to clients/customers
* Stock/Inventory—where the company keeps control of its inventory
* Purchase Order—where the company orders inventory
* Sales Order—where the company records customer orders for the supply of inventory

Non Core Modules:
* Debt Collection—where the company tracks attempts to collect overdue bills (sometimes part of accounts receivable)
* Electronic payment processing
* Expense—where employee business-related expenses are entered
* Inquiries—where the company looks up information on screen without any edits or additions
* 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
* Purchase Requisition—where requests for purchase orders are made, approved and tracked

Implementation and Categories read form source (Wikipedia)
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This paper reviews and critiques the positive accounting literature following publication of Watts and Zimmerman (1978, 1979). The 1978 paper helped generate the positive accounting literature which offers an explanation of accounting practice, suggests the importance of contracting costs, and has led to the discovery of some previously unkown empirical regularities. The 1979 paper produced a methodological debate that has not been very productive.

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Victor L. Bernard Douglas J. Skinner

Abstract
The papers by Subramanyam (1996) and Kasanen, Kinnunen, and Niskanen (KKN, 1996) both consider why managers manipulate accounting accruals, Subramanyam finds that discreationary accruals are associated with several performance measures, and concludes that managers' accrual choices increase the informativeness of accounting earning. However, a strong competing alternative is that the 'Jones model' systematically mismeasures discreationary accruals, so that they contain a significant non-discreationary component. Unlike many US studies, KKN find strong evidence of earnings management in Finland, where Finnish managers set earnings to satisfy the demand for dividends by keiretsu-like institutional investors.

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