Accounting Packages such as SAGE, QUICKBOOKS, PEACHTREE, MICROSOFT FINANCIALS & FINANCIAL FORCE ACCOUNTING,

1. ACCOUNTING
PACKAGES
ASSIGNMENT
SUBMITTED TO: SUBMITTED BY:
MS. SHIVANI ABHISHEK VERMA
CUN120502009
B.COM 4X

2. SAGE
Sage (previously SAGE, System for Algebra and Geometry
Experimentation) is mathematical software with features
covering many aspects of mathematics,
including algebra, combinatorics, numerical
mathematics, number theory, and calculus.
The first version of Sage was released on 24 February 2005
as free and open source software under the terms of the GNU
General Public License, with the initial goals of creating an
"open source alternative to Magma, Maple, Mathematica,
and MATLAB". The originator and leader of the Sage
project, William Stein, is a mathematician at the University of
Washington.
Sage uses the Python programming language,
supporting procedural, functional and object-
oriented constructs.
William Stein realized when designing Sage that there were
many open-source mathematics software already written in
different languages, namely C, C++, Common
Lisp, Fortran and Python.
Rather than reinventing the wheel, Sage (which is written
mostly in Python and Cython) integrates many specialized
mathematics software into a common interface, for which a
user needs to know only Python. However, Sage contains
hundreds of thousands of unique lines of code adding new
functions and creating the interface between its components.
Sage development uses both students and professionals for
development. The development of Sage is supported by both
volunteer work and grants.

3. FEATURES OF SAGE
 A browser-based notebook for review and re-use of
previous inputs and outputs, including graphics and
text annotations. Compatible
with Firefox, Opera, Konqueror, Google
Chrome and Safari. Notebooks can be accessed
locally or remotely and the connection can be secured
with HTTPS.
 A text-based command-line interface using IPython
 Support for parallel processing using multi-core
processors, multiple processors, or distributed
computing
 Calculus using Maxima and SymPy
 Numerical linear algebra using
the GSL, SciPy and NumPy
 Libraries of elementary and special mathematical
functions
 2D and 3D graphs of symbolic functions and
numerical data
 Matrix manipulation, including sparse arrays
 Multivariate statistics libraries, using R and SciPy
 A toolkit for adding user interfaces to calculations and
applications
 Graph theory visualization and analysis tools
 Libraries of number theory functions
 Support for complex numbers, arbitrary
precision and symbolic computation

4. QUICKBOOKS
QuickBooks is an accounting software package developed
and marketed by Intuit. Intuit was founded in 1983 by Scott
Cook and Tom Proulx in Mountain View, California, USA. After
the success of Quicken for individual financial management,
the company developed a similar solution for small business
owners. The initial Quicken software did not function as a
"double-entry" accounting package. On September 27, 1994
Intuit purchased the right to use the double-entry accounting
program called MoneyCounts developed by Bob Parsons'
company Parsons Technology. This new integration of the
programs was then named QuickBooks. The software was
popular among small business owners who had no formal
accounting training. As such, the software soon claimed up to
85 percent of the small business accounting software market. It
continues to command the vast majority of this
market. Professional accountants, however, were not satisfied
with early versions of the system, citing poor security controls
such as no audit trail, as well as non-conformity with traditional
accounting standards. Intuit sought to bridge the gap with these
accounting professionals, eventually providing full audit
trail capabilities, double-entry accounting functions and
increased functions. By 2000, Intuit had developed Basic and
Pro versions of the software and, in 2003, started offering
industry-specific versions, with workflow processes and reports
designed for each of these business types along with
terminology associated with the trades.

5. FEATURES OF QUICKBOOKS
1. The ability to send invoices via e-mail. This is really a neat
feature, one that all businesses should use if possible.
2. The ability to enter transactions via the QuickBooks forms
interface, or if preferred to utilize the more streamlined
approach of registers or journals.
3. The ability to easily send content-appropriate collection
letters in conjunction with Microsoft Word to assist you in
collection efforts.
4. The batch invoicing capability – potentially to save you
hours of tedious work!
5. Accept data input using Microsoft Excel when appropriate.
6. Adoption of the Payment Application Best Practices so your
business can qualify and compete with other businesses with
secure credit card acceptance and storage.
7. Easily customized, unattended backups.
8. Bridge to the future – QuickBooks On-Line.
9. Form customization so easy and intuitive that it is within
everyone's grasp.
10. The integration of mobile access to allow the user with a
Smartphone selective access to certain areas of QuickBooks.
11. Remote access - an easy way to allow another to "look
over your shoulder" to assist or critique you from any location
that has Internet access.
12. Easily export report data to Excel for additional massaging.
13. The ability to generate invoices that show two balances:
the balance for the current invoice and also the total balance
owed.
14. DrillDown(or QuickZoom) capability to enable faster
problem solving.
15. Ease of 1099 information gathering and reporting for 1099-
eligible vendors.

6. PEACHTREE
Sage 50 Accounting is a business management
software product published by Sage Group and sold primarily in
the United States and Canada. It was previously
called Peachtree Accounting (U.S.) and Simply
Accounting (Canada); however, as of the 2013 edition, the
software is now called Sage 50. Peachtree Accounting was
originally sold by a software publisher founded in 1978 by Ben
Dyer, Ron Roberts, Steve Mann, and John Hayes. The
company was carved out of The Computer SystemCenter, an
early Altair dealer founded by Roberts, Mann, Jim Dunion, and
Rich Stafford, which Dyer had joined as the manager and
where the first software was published in 1977. The company
expanded its offerings with its acquisition of Layered, an
accounting program designed for use on the Macintosh. The
company's products were included in the initial launch of
the IBM Personal Computer, and it was acquired by
Management Science America (MSA) in June 1981. After
several subsequent changes of ownership ending with ADP,
Peachtree was eventually acquired by the Sage Group in 1998
for US$145 million. Peachtree was the first business software
introduced for microcomputers and the oldest microcomputer
computer program for business in current use, with the possible
exception of the original Microsoft Basic interpreters, also
introduced in 1975.

7. FEATURES OF
PEACHTREE
* Reconciling accounts payable and
receivable.
* Creating financial statements, check
invoices.
* Tracking banking transfers and payroll.
* Importing and manipulating spreadsheets.
* Integrating scanned documents like checks,
receipts and invoices, eliminating paper from
the accounting process.

8. MICROSOFT
FINANCIALS
Microsoft Financials (formerly Microsoft Small
Business Manager) is a business accounting
software package. The software is targeting
growing small businesses that require more than
basic accounting software with less than 25
employees and less than $10 million of revenue. It
is part of Microsoft Dynamics (formerly Microsoft
Business Solutions) family. It is based on Microsoft
Dynamics GP and runs on top of free
Microsoft MSDE or SQL Server
Express database. Microsoft Small Business
Financials and Microsoft Dynamics GP are built on
the same platform, so migration to Microsoft
Dynamics GP is very simple and straightforward.
The current version is 9.0. As of January 1, 2009
Small Business Financials 9.0 is no longer for sale
to new customers.

9. FEATURES OF
MICROSOFT FINACIALS
 Financial (General ledger with Advanced
Financial Analysis)
 Banking (Bank reconciliation/Cash
flow management)
 Sales (Sales order processing/Accounts
receivable)
 Purchasing (Purchase order/Accounts payable)
 Inventory (Item tracking)
 Foundation and Reporting (Report editor,
SmartList, Microsoft Office Integration)
 Integration (Import wizard for Master
Records / transactions)
 Microsoft SQL Server Desktop Engine

10. FINANCIAL
FORCE
ACCOUNTING
FinancialForce is a cloud-based applications company
headquartered in San Francisco, California, that
provides a cloud ERPsolution for Force.com, a cloud
computing platform from salesforce.com.
FinancialForce.com
supplies Accounting, Billing,Professional Services
Automation (PSA), Revenue recognition, Human Capital
Management (HCM) and Supply Chain
Management(SCM) applications.
FinancialForce Accounting is a cloud financial
management application for Salesforce. The application
is native to Salesforce CRM, providing an end-to-end
CRM to accounting solution all in the Salesforce
environment, offering unparalleled efficiency and
economies of scale. The product can be used for multi-
dimensional analysis and is designed to support
companies of all sizes.
Professional services automation software is also a
cloud-based services solution that is built on the
Force.com platform. It allows companies to manage

11. professional resources, customers, projects and
financials in one integrated services management
application. Because PSA works natively with
Force.com, it utilizes the same data for sales, services
and finance on one system.
FinancialForce Services Resource Planning connects
Salesforce CRM, FinancialForce Accounting and
FinancialForce PSA. It supports professional services
organizations in managing sales-based activities,
including the hand-off from sales to services, resource
management, project & portfolio management,
accounting and billing.
FinancialForce Human Capital Management (formerly
Vana Workforce) is a cloud HR and Recruiting app that
delivers one complete and integrated HR Software
solution built for today's social, mobile, and global
workforce.

12. FEATURES OF
FINANCIAL FORCE
ACCOUNTING
 Role and user based dashboards
 1-click invoicing from Salesforce
 Flexible chart of accounts and multi-
dimensional analysis
 Multicompany, multicurrency, global tax,
multicultural
 Personalised custom reportingReal-time
accounts payable analysis & reporting
 No manual re-keying of data
 360° view of your customers
 Streamlined opportunity-to-cash cycle