Accounting software
The main function of CAS is to perform the accounting activities in an
organisation and generate reports as per the requirements of the users. To
obtain the desired results optimally, need based software or packages are to be
installed in the organisation. Depending upon the suitability of business
requirements there are three types of software, namely, (i) Readymade software,
(ii) Customised software and (iii) Tailormade software.
These packages are standardised or readymade packages which can be used
by the business enterprises immediately on procurement. These packages are used
by small and conventional business enterprises. Cost of installation and
maintenance is very low. Training cost is negligible and sometimes the vendor
provides free of cost training. These softwares are used by those enterprises
where financial transactions are simple, uniform and routine in nature. Few
examples of such type of software are Tally, Busy, Marg, Profitbooks.
Many a time, it is not possible that ready-to-use packages suit the
requirements of the business enterprise. In such circumstances, customised
packages may help the business enterprise for fulfilling their requirements.
Customised packages can be modified according to the need of the enterprise.
For example, software can record attendance of the employees and on the
requirement of the customer it can also count the absence of employees in a
month, etc.
These packages are used by medium or large business enterprises. Cost of
installation, maintenance and training is relatively higher than that of
ready-to-use packages. These softwares are used by those enterprises where
financial transactions are somewhat peculiar in nature.
Large enterprises have their own way of functioning. For effective
management information system, varied and specific information is frequently
required by many users which may not be needed in case of small or medium scale
enterprises. In such enterprises, depending upon their functioning, need based
softwares known as tailored packages are installed. The cost of these packages
is very high and specific training for using these packages is also required.
The following are the differences
among the three types of software:
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