Discovered this interesting piece by Jayne Thompson and it really piqued our interest. It’s called What is an Integrated Accounting System?
It shares some intriguing points. Here’s one of them:
Depending on your system’s modules, you can perform some fairly sophisticated accounting processes such as job costing or sales commission calculations automatically. This is tricky with standalone systems since basic bookkeeping software will not “talk” to your order management system or CRM system, so it does not know which costs, commissions or people are associated with which jobs or projects.
If you want more, give the full article a quick read at the website linked below…