Ecommerce & Accounts Receivables

Hewlett-Packard| E-Commerce and Accounts Receivcapables| | | 2/16/2012| | E-Commerce and Accounts Receivables Currently working as an accounts receivable clerk I deal with e-commerce daily. The name of the company I work for is called BurgaFlex North America. We use a entropy qualify system called Vantage Point to exchange important financial information to our vendors and suppliers. Purchase orders, sales orders, invoices, and other important fiscal documents be electronically transmitted and gaind by an electronic data interchange system. The way this works is our nodes place orders online, we receive the orders in electronically to Vantage Point, we transmit an acknowledgement behind to the customer notifying the order has been received and ship the customer the communicate items. These processes avoid paper and in essence reduce costs. By compound Vantage Pont and Microsoft Great Plains Dynamics software we are able to be a participant in e-business a nd e-commerce. umpteen of our vendors gene arrange payment electronically as well by electronic fund transfers into our bank accounts. Another great issue nigh e-commerce is the ability to check invoice status and freight rate status online over the internet.

E-commerce has reduced processing errors, procurement costs, and ointment time and money on business expenses. Researching online I bind learned that e-commerce and accounting is evolution and expanding into many businesses today. Intuit offers a QuickBooks application that Meets ecommerce needs with desktop and web applications developed by Intuit and trusted, third-party developers. These soft! ware applications can help companies sell online, break it on shopping carts and accept online payments (Intuit 2012). Many companies are market and growing into a more paperless environment by utilise e-commerce to cargo deck business transactions through the web. Bibliography Intuit. (2012). Intuit. Quickbooks E-Commerce consolidation Retrieved from...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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