Wednesday, May 6, 2020
Information Technology and Tourism Education
Question: Discuss about the Information Technology and Tourism Education. Answer: Introduction With the growth in the accounting software programs, there have been applications for which there is a possibility to handle the installation process with the customization and the other supporting services. These are mainly based on the types of the personal accounting with the management of the budgets and the simple accounting reconciliation. The lower end markets and the other products induce the single entry with the double entry system that has not been under the GAAP or the IFRS/FASB compliant. (Peters et al., 2010). The markets work on the smaller development team with the increased risks of customization. Accounting Software Types There are methods which hold on the business needs as per the small and the personalized accounting with the hold of the functions. These are the lower end and which can work on the different marketing patterns with the entry of the products in the single form with the larger business output. The software operates on the needs of the accountancy as well as the other current standards. With the changing efficiencies, there are certain industry standard database and the tools which focus on the handling of information management system with the project accounting modules. The tools are mainly to handle the configuration along with working with the administration of budgets, simple accounting reconciliation, and the other marketing end products. (Lucas et al., 1987). Also, there is a need to focus on the payrolls with the reports to print out the data and work on purchasing of the acquisitions. History Considering the general ledger, there is an assigned pages book which reflects the cash, receivables, and the other accounting details. The pattern is based on the transactions of the manual registration process. The company Intuit has been able to work on the computation of the software with the other financial, personal factors. The Turbo Tax and the other calculations are based on the small and the middle sized accounting of the organizations. Companies working for accounting As per the research, there are MYOB, Reckon, Intuit and Xero who has been working for the same. The Intuit has been the Australian small enterprise which operates on the charging and holding the degree of the features. This can handle the profits, costs as well as the income patterns. (Daniele et al., 1999). MYOB has been working on the commercialized enterprise products with the economic operations. This is for the store sign ups and the other sales transactions. Reckon has been able to achieve the higher quality of the accounting with the book keeping with the less cost computation of the cloud for the different small and the medium sized companies. The platform is mainly for the debiting and the crediting cards. Current Market With the hold of the competition, the companies like the Xeros has been able to work on keeping the product with the effectiveness. The QuickBooks has been focusing on the on-line of the US Intuit. With the changing situations, there has been a change in the brand new customer interface for QBO where the company has been able to bring in the allocations for Australia to the products along with employing the teams of the workers with the opened places for Australia. There have been licensed companions who have been prepared for the different marketing campaigns to work on the hearts and the wallets of the Australian companies. (Edmundson et al., 1984). With the changing growth and development, the technologies can hold the manual journal entries with certain technological innovations. Market Leaders and Their competitive advantage The segments are based on holding the big shares in the corporations of Australia. The entire focus has been on the international government to manage the work and concentrate on the SaaS financial considerations to execute the Board. The company Xero has been able to build upon the strategic relationship which includes the accounting platforms with the massive patterns to come over on the holding ranges of the region. With the research, Xero works on the setting of the better solutions in the third party. The entire pattern focuses on the variety of the agencies to allow and work on the incorporated business patterns which will be holding the integration to include the receipts of the banks and the other payrolls. The extra charge is levied on the surrounding applications to work on the other 300 systems. The 20% is based on working over the different editions which will be able to work on the programs that have a top class merchandise with the attachment to the 40% growth. Challenges There have been challenges related to the customized built application which includes the smaller development of the team with the increased risks. This will be able to set the support with the reduced availability pattern along with handling the cost of implementation. The major focus has been on the specific processes of the company which is considered to be highly customizable. The higher end market is holding the cases of configuration, integration, and the customization which will be holding the concepts related to the enterprise resource planning. (Perera et al., 2005). Recommendation With the changing technology and the growth, the companies need to setup with the internet connections of the accounting software. These are mainly based on SaaS accounting where there is a need to create and work on the recurring charges instead of the larger license fee charge. The adoption rate is for the increasing points where the entire legacy is based on forcing the online versions. The clouding software is to achieve the rapid adopting which will help in setting the monthly subscription pattern. Conclusion With the changing technology, there is a need to focus on the hybrid solutions where the software vendors need to work on the lower prices. The changes have been set with the advanced features and a scalable database pattern with the larger growth in size. With a proper expansion, the work is based on handling the connections of the multiple different locations where the operating software as a service is necessary for the accessibility of the operations on the network. Reference Peters, G.M., Wiedemann, S.G., Rowley, H.V. and Tucker, R.W., 2010. Accounting for water use in Australian red meat production.The International Journal of Life Cycle Assessment,15(3), pp.311-320. Lucas Jr, H.C., Walton, E.J. and Ginzberg, M.J., 1987. Implementing packaged software.Information Systems Working Papers Series, Vol. Daniele, R. and Mistilis, N., 1999. Information technology and tourism education in Australia: an industry view of skills and qualities required in graduates. InInformation and Communication Technologies in Tourism 1999(pp. 140-150). Springer Vienna. Edmundson, R.H. and Jeffery, D.R., 1984. The impact of requirements analysis upon user satisfaction with packaged software.Information Management,7(2), pp.83-90. Perera, B.J.C., James, B. and Kularathna, M.D.U., 2005. Computer software tool REALM for sustainable water allocation and management.Journal of Environmental Management,77(4), pp.291-300.
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