Thinking of Buying A Document Management System? Look In-house First – You May Already Have One
Do today’s smaller firms really need a full-fledged document management system, or can they use features already built into their existing software to meet their document sharing and management needs? The following article examines these questions and the important benefits of incorporating a document management system into any small business. The article also provides an overview of some built-in document sharing and management features that are already available to organizations that use Microsoft server software and Microsoft Office Professional. By using features from these commonly available products, in addition to one or two other free or inexpensive software products, most businesses can implement a fairly robust and functional document management system with little or no cost to the business and in a short period of time.
Ideas in Motion: Joel Lanz – Practitioner, Professor and IT Advocate
Joel Lanz, CPA.CITP, is one of those rare financial professionals whose background, work and leisure-time activities are very diversified. Based on Long Island in Jericho, N.Y., Joel is head of Joel Lanz, CPA, P.C., a niche-oriented practice providing technology risk management assurance and advisory services. While Mr. Lanz gets a great deal of satisfaction from the positive impact he has on his business clients, he believes his most important and meaningful impact is on the young minds he teaches regularly as an adjunct professor at Long Island University. He concentrates on courses at the graduate level, including Fraud Examination, and Advanced Assurance and Computer Auditing, as well as an undergraduate course in Accounting Information Systems. Influencing young minds and tomorrow’s managing partners is one of Joel’s top priorities.
Ideas in Motion is a monthly column designed to focus on best practices within CPA firms and organizations involved in providing technology related services.
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Accounting System Concepts |
Accounts Payable System: Period End Processing - Part 6
This is the 6th and final article in a series related to the accounts payable function. The following segment focuses on period end processing which includes the generation of key financial reports and procedures for posting month end accounting entries from AP to the general ledger as well as the processing of 1099's at year end. The article was adapted from The Automated Accounting Systems and Procedures Handbook (chapter 6).
This column presents a new accounting system concept each month that may be applicable to your organization.
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Sponsor Messages & Links
Red Wing Software
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