Accounting Software on Every Desktop Which is Best for Your Course? Susan V. Crosson Santa Fe Community College Gainesville FL

Transcription

1 Accounting Software on Every Desktop Which is Best for Your Course? Susan V. Crosson Santa Fe Community College Gainesville FL

2 Accounting = Information Architects Why add Accounting Software to your courses? Business/Financial Literacy Accounting Literacy Because it is how accounting is actually done.

3 Accounting Software Market* Entry-level software: Sales up to $5 million; 20 employees; 5 million companies. (PT; QB, MOA) Small to medium business software: Sales up to $100 million; 100 employees; 516,000 companies. (PT; QB; MOA, GP) Small to medium enterprise software: Revenues up to $500 million; 500 employees; 84,000 companies. (GP;MAS90;MAS200) Enterprise resource planning software: Revenues $500 million+; 500+ employees; 17,000 companies. (SAP; Peoplesoft) *A Strategy for Finding the Right Accounting Software, Journal of Accountancy, September 2003;

4 Popular Accounting software

5 Peachtree; QuickBooks; Office Accounting 2007; Dynamics-GP Software Educational Cost Retail Cost Peachtree by Sage QuickBooks by Intuit Office Accounting 2007 by Microsoft Two versions: Express or Professional Dynamics-GP by Microsoft FREE to schools nal_partnerships.cfm Educational pricing: $ $ Or 30 day FREE Online Edition Office Accounting Express 2007: Office Accounting Professional 2007: ily=officeaccounting&culture=en-us Academic Alliance FREE to schools or 120 day educational version mic_alliance.mspx $ $ $99.95 to $3, Online: $ /mo. Express FREE download or part of Office Small Business, Professional, or Ultimate Suites Professional: FREE limited use or $149 new or $99 upgrade $15,

6 Publisher-Designed: General Ledger

7 Publisher-Designed: General Ledger

8 Peachtree Peachtree Sales Navigation Aid

9 QuickBooks Pro 2006 Home Page

10 QuickBooks Online Edition Home Page

11 Office Accounting 2007

12 Office Accounting 2007

13 Dynamics-GP 8.0 soon 10.0

14 Accounting Software Basic Business Processes: buy, sell, build, track Acquisition/Payment Sale/Collection Conversion Human Resource Financing

15 First Software Experience: Information Generation Principles of Accounting I Financial Accounting Principles of Accounting II Managerial Accounting Intermediate Accounting Accounting Information Systems QuickBooks, Peachtree, Office Accounting Service Business followed by Retail Business Small Business

16 Scaling Software Experience Through the Curriculum Intermediate I Intermediate II Accounting Information Systems Tax Audit Managerial/ Cost QuickBooks, Peachtree, Office Accounting, Dynamics-GP, SAP Service, Retail, Manufacturing, Logistics, Not-For-Profit Small, Mid-Size, Large, Multinational

17 Course Software Applications driven by User Interface Intermediate Managerial/Cost AIS Tax Audit Work Authentic Data Sets in Software Databases

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19 User Roles

20 Basic Accounting Tasks/Processes

21 Evolution of Accounting and Accounting Education Doing Focus THE BOOKS Principles of Accounting, Tax, Audit, Government Accounting and Bookkeeping Skills and Expertise Manual systems to learn accounting processes Value added since gatekeeper to data and accounting information Stewards of locked up data and information Using Focus THE COMPUTER Computer-based (evolved from manual) accounting programs Accounting done by accountants in accounting department Value-added from Information and analyses fulfillment Team player who provides data and information to their business Present and Future Focus THE INTERNET Technology and accounting integrated throughout economy Accounting software on every desktop not just in accounting department database not legacy systems Information accessible from anywhere xbrl, search engines Accounting generated & accessed by everyone B2B Value-added is driven by User Interface What s Accounting s role?

22 Software in Your Course? QuickBooks, Peachtree, Office Accounting, Dynamics-GP, SAP