Assignment 1: Excel Project
Micro Apps for Accounting: ACC115009VA016-1122-001
January 22, 2012
Assignment 1: Excel Project
In order to complete the Excel assignment, research had to be compiled in order to complete the task of monitoring and tracking five specific stocks for the 120-day period. After researching several options to collect data regarding SAP AG (SAP), Oracle (ORCL), Microsoft (MSFT), Peachtree (SGE.L), and QuickBooks (INTU), I chose to use YAHOO! Finance to obtain the stock information to complete the Excel assignment. I selected this source because it was very user-friendly. It allowed me to look up the stock that I ...view middle of the document...
This product specializes in business process reengineering (BPR) in conjunction with enterprise resource planning (ERP), which is business management software that allows for the business to manage all aspects of the operation in areas that include development, sales, manufacturing, and marketing. Due to their similar features, SAP, competes directly with another accounting system, Oracle. (Burleson, 1999)
Oracle is also a software system that is used in corporations to handle complex business requirements. The accounting systems that Oracle manufactures are PeopleSoft and Oracle Financials. The PeopleSoft system is a human capital management (HCM) software that enables the user to manage areas of human resources within the company. Some tasks this system is able to perform are: comply with local laws through Oracle’s global core HCM system, cut costs with workforce service delivery, and track labor with workforce management. Oracle’s Financial Management Solutions are integrated financial solutions that comply with accounting standards such as Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). This product also helps in risk management and to build growth within the company.
The Microsoft Corporation develops operating systems for personal computers used all across the world. They have several different divisions within the company that focuses on different areas. The Windows Live division focuses on the PC operating systems that include Windows 7 and Windows Vista. Another division in the Microsoft Corporation is the Server and Tools division, which develops Windows Server operating systems to include items such as Windows Azure, Windows embedded and Visual Studio. In all, Microsoft has five core business units within their company. The software that is most widely known is the Windows applications, Microsoft Office. There are several different versions of Office that are designed to meet the different needs for different people. There is the basic version of Office that caters to students and home computers. Another version is known as Office home and small business, this has more features that allow the user to complete more advanced tasks compared to the student version. Lastly is the Professional version of Microsoft Office that allows for a business to have more applications to accommodate their needs. (YAHOO! Finance, 2012) In addition to the Microsoft Office...