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The company's flagship product, Tally.ERP 9, was replaced by TallyPrime in 2020. [19] In 2022, they worked with more than 28,000 partners. [1] Tally Solutions has collaborated with Amazon Web Services to make TallyPrime available on the AWS. [20] It was launched in December 2021. [21] Products also include Shoper 9, which is a retail management ...
Debtor collection period = Average debtors / Credit sales × (average debtors = debtors at the beginning of the year + debtors at the end of the year, divided by 2 or Debtors + Bills Receivables) The average collection period (ACP) is the time taken by businesses to convert their accounts receivable (AR) to cash.
Receivable turnover ratio or debtor's turnover ratio is an accounting measure used to measure how effective a company is in extending credit as well as collecting debts. The receivables turnover ratio is an activity ratio, measuring how efficiently a firm uses its assets .
2023-01-25 (3.9.4) Apache OFBiz: Java JavaScript FreeMarker Groovy XML: Apache License 2.0: Business solutions and applications framework from the Apache Software Foundation: Worldwide: 2022-09 (18.12.06) Compiere: Java: GPL/Commercial: An ERP and CRM for the Small and Medium-sized Enterprise (SME) in distribution, retail, service and ...
[8] [9] Headquartered in Bangalore, India, S.S Goenka expanded the company to three metro cities in India- Mumbai, Delhi and Kolkata, along with an international office at London. [10] S.S Goenka led the product to early popularity of more than lakh customers thanks to its channel partner network in India. [11]
[9] The general ledger should include the date, description and balance or total amount for each account. Because each bookkeeping entry debits one account and credits another account in an equal amount, the double-entry bookkeeping system helps ensure that the general ledger is always in balance, thus maintaining the accounting equation :
Software aging has several causes, including the inability of old software to adapt to changing needs or changing technology platforms, and the tendency of software patches to introduce further errors. As the software gets older it becomes less well-suited to its purpose and will eventually stop functioning as it should.
BPCS was developed by Chicago-based System Software Associates (SSA), which later became SSA Global Technologies [1] (which was then acquired by Infor Global Solutions and rebranded as Infor LX), and is used to control the operations of manufacturing companies.