Learn ERP & Accounting Applications

Quick Books/Accounting Software/ERP Implementation Steps Switching to Computerized Accounting Solutions Strategy How to enter Opening Balances in Quick Books? In this blog you will learn steps to be followed for switching to automated/computerized accounting solutions from manual system or from small accounting solution to other ERP system. For me the subject matter will be Quick Books but you can follow these steps for other accounting solutions with slight changes. Steps before moving to computerized Accounting System: Understanding of business processes and design solution accordingly See the configurations/customizations in new solution to align the digital process with manual business process flow Prepare Chart of accounts and decide about the modules that will be required Add all entity's master data  (Customers, Vendors, Employees, Items/Products, Banks, Fixed Assets etc.)  in each respective module as per new solution requirments and verify Categorization and classific...