Nt1310 Unit 3 Accounting System

Selecting the right accounting software for business is a daunting task. There are many applications on the market for the core business function within the company. When deciding which software application to use depends on the type of business you have and the complexity of the core accounting functions in your organization. The basic accounting functions of Accounts payable, receivable and debt collection are all common in an accounting package. Also, you need general ledger, billing and invoicing, and general accounting for purchase and sales orders. When selecting a software package, you must now look at how the system will integrate core business areas. If your business is manufacturing, you would want to incorporate Inventory module …show more content…
The main issues will be integration, support for industry specifics transaction and advance features and if they are SaaS and on premises Platform implementation (Business Software.com, 20012). The architecture of the three accounting system vary. Netsuite and Unit4 are Multi-tenancy, which allows the programming code to be stored in one database and the customer data in another. This allows for changes and updates not to effect the users data. Sage it muli-tier architecture which mean that the functions of the application are stored separately when updates or changes are needed it have to update across the functions of the application. They all can run on Windows, but the server and operating systems do differ. Unit4 and Sage can run on Linux, but Sage does not have SaaS. And NetSuite and Unit4 can run on Mas OS in which Sage can not. Sage accounting software application does not have Payroll or time management application software included and Netsuite and Unit4 do. This Sage F&A system is more for a small to medium company, and it cost the least out of the three of them, whereas Netsuite and Unit4 can be used for medium to large