Published: MARCH 13, 2020
Let us define first what is ERP Software and an Accounting Software.
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.
A category of business management software—typically a suite of integrated applications—that an organization can use to collect, store, manage, and interpret data from many business activities.
Technically an ERP Software and Accounting Software are different. Simply put, Accounting Software is a subdivision of ERP. How can we tell which is which?
Today Accounting Software is an essential in many businesses. It is because an output for a two can be done by one in a shorter period of time. Many large companies utilize Accounting Software for their business processes.
What can an ERP Software give to companies?
As for an ERP Software, which has an Accounting Software, ERP Software allows companies to upgrade to a more complex modules and processes as the business grows which requires more extensive data and reporting.
Most ERP products today are offered with accounting software as an entry-level package. As your business grows, so do your requirements for automating more complex data recording and reporting processes. You can add activity-specific modules, thus, transforming your accounting software into an ERP.
Meanwhile, nowadays Accounting Software also offers features that can be found in an ERP Software. It can also be integrated to other business software that can cater to Inventory, Point of Sales (POS) System, Customer Relations Management (CRM) and Human Resource Management (HRM). Accounting Software can also manage to consolidate reports from different locations, branches, cost centers and projects.
QNE Software Philippines, Inc.
In the Philippines, QNE is one of the providers of Accounting Software. QNE Software can cater to API Integrations, one of the systems that QNE Software can be integrated to is the POS. Like an ERP Software, QNE Software can also do the financial management, planning, and budgeting. Other features includes Project Management, Manufacturing and BIR Module.
To know more about QNE Software, contact us at 02 8567-4248 or 02 8567-4253. You may also email us at [email protected]