The Accounting Software Library - 1256 Providence Knoll Drive Richmond, VA 23236 (804) 330-0000
The Most Effective Accounting Software Selection Tool Available on the Market Today

Solutions
1256 Providence Knoll Drive
Richmond, VA 23236
(804) 330-0000

Standard Edition vs. Enterprise and Modifiable Editions

The main difference between the Standard Edition and the Enterprise (and Modifiable) Edition is the questions themselves. Starting with the 4,000+ questions in the Enterprise, we deleted 1,500 questions to create the Standard Edition. While both versions address similar topics, the Standard Edition does so in less detail simply because many organizations looking at the products in this particular database do not require as sophisticated functionality as do larger organizations.

This exhibit lists all of the significant functional and reporting areas addressed by The Accounting Library. Since the Enterprise Edition (and by default the Modifiable Edition) addresses all of these areas, this exhibit indicates whether the Standard Edition addresses the same functional areas as well as the depth of the analysis (1/4, 1/2, 3/4 or not at all).

The Accounting Library

Functional Areas Analyzed

Standard Edition vs. Enterprise Edition

General Ledger STD C/S Accounts Receivable STD C/S

Chart of Accounts Structure

Customer Master File

Allocations

1/2

Credit Management

No

Transaction Processing

Customer Relationship Management

1/2

Workflow Period Closing

No

Invoicing

Month and Year End Closing

Customer Contract Management

1/2

Control Reports

Cash Receipts

Drill Down Capabilities

1/2

Debt Collection

1/2

Financial Statements

Control Reports

Consolidations

1/2

A/R Reports


Accounts Payable
STD
C/S
Payroll
STD
C/S

Vendor Master Files

Employee Master Files

Vendor Performance Measurement

No

Human Resource Management

Vendor Contact Management

1/2

Canadian Payroll Processing

Procurement

3/4

Pay and Benefit Tracking

3/4

Landed Cost Tracking

No

Data Input and Cost Distribution

RFQ Management

1/4

Payroll Check Writing

Workflow P.O. Approvals

No

Control Reports

Demand Forecasting

No

Payroll Reports

Data Input Procedures




Procurement Card Processing

No

Job/Project Costing

STD
C/S

Travel & Entertainment Processing

Job Initiation

Payables Analysis

No

Data Input and Cost Distribution

Workflow Invoice Approval

No

Job Control

Payment Scheduling

3/4

Cost Analysis and Reporting

Check Writing

Job/Project Invoicing

Control Reports




Accounts Payable Reports




 
         
Inventory
STD
C/S
Fixed Assets
STD
C/S

Inventory Master Files

Equipment Master Files

Serial/Lot Tracing

Lease Tracking

No

Item Technical Specifications

No

Cost Calculation and Distribution

Customer/Special Pricing Matrices

1/2

Fleet/Equipment Control

1/2

Demand-Based Reorder Methods

No

Fixed Assets Reports

Data Input and Cost Distribution




Price Change Conventions

General Questions

STD
C/S

Receiving Activities

Operating Systems Supported

RMA Controls

3/4

Databases Supported

Withdrawal Activities

3/4

Programming Languages

Floor Stock Controls

No

Modules/Applications Supported

Wholesale/Distribution Functions

3/4

Manufacturing Modules Analyzed

Assembly/Light Manufacturing

3/4

EDI/Internet Functionality

Bills of Materials

Purchase and Installation

Product Configuration

No

Control and Audit Functions

Work Order Processing

3/4

General Operational Questions

Low-Level Assembly Planning

1/2

Reporting Options

Off-Site Processing Controls

No

Industry Specific Applications

Multi-Warehouse Controls

No

Workflow/Document Management

No

Hazardous Materials Controls

No



Inventory Reports




 
         
Order Entry
STD
C/S
Multi-National Accounting
STD
C/S

Commission Definition/Control

1/2

Local Support

No

Warranty Controls

3/4

Languages Supported

No

Quotations


Basic Currency Information

No

Order Receipt

Currency Rate Tables

No

Service Management

Transaction Entry

No

EDI/Internet Order Placement

Gain/Loss Reporting

No

Work Order Creation

3/4

Financial Management Reporting

No

Margin Analysis

3/4



Substitutions

No

Manufacturing

STD
C/S

Order Tracking

 

Product Costing

No

Expediting Functions

No

Master Production Scheduling

No

Internet Status Inquiries

Material Requirements Planning

No

Shipping

Capacity Requirements Planning

No

Invoicing

Shop Floor Control

No

Order Entry Reports

Quality Control

No

Budgeting
STD
C/S
Numerical Requirements
STD
C/S

General Budgeting Questions

Field Sizes

Budget Review

General Ledger Segmentation

Budget Creation

Dollar Values Supported




User Defined Fields




Analysis Codes




Decimal Places Supported

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