refrences

http://www.carolinabarcode.com/run-my-store-a-36.html http://www.sscsinc.com/products/retail-solutions/back-office/cao/ http://www.edicomgroup.com/en_US/solutions/VMI/what_is.html http://www.altova.com/diffdog/database-diff-tool.html http://www.insidemobileapps.com/2012/05/08/grees-net-income-hits-a-record-high-of-167-6m-on-578m-in-sales-during-q3/ http://test.acumatica.com.php54-2.dfw1-1.websitetestlink.com/default/cloud-accounting-software http://payroll.intuit.com/restaurant-accounting

Disadvantages..

Disadvantage of electronics in profession: 1) Cell phones are at a great distraction in every profession. 2) Unauthorized use of database is also getting unsecured for customers of a business. 3) Failure of network gives extra workload and delays in process. 4) Installment of new technology features in any features reducing work opportunities for less educated people and increasing unemployment. 5) Online payment and payments made by cards at any store are not really secured. Hackers can easily trace your information and misuse with it. 6) Social media is being addiction for other purposes instead of using it professionally. Wastage of time is costing a lot to a small business. 7) New training is required with the new updating, increase the cost of a business.

Accounting with technology.

Accounting with electronics... When you start a business, your pending work list seems like never-ending. It is not only like you have to make a perfect team, find a popular location and a best product to be sold and start marketing to your target audience, but you will also need to make a number of decisions that will be significant to the long-term stability of your operations. Most important of them is how to do accounting for your business. Electronics also have a severe effect in accounting and bookkeeping. There are umpteen number accounting softwares available in market to maintain your accounts. Usually every business hires an accountant but to keep it at easy pace QuickBooks and tally are effective accounting software to avoid double entries. Most of the franchisees own certified and secure software, which is being accessed by username and password. For an example Tim Horton have its own accounting software and it’s being used at store level with authorization access.

Financially position: A healthy cash flow managed and track of bookkeeping of a business gives you a exact and accurate picture of your financially position of growth and its health. Most accounting software options can easily give you this picture based on the entries you made in them, so you are able to understand what money is coming and what is going out. How fast and when that money is flowing.

Reduce Cost and time: It is not necessary to hire a full time accountant to record your every single transaction with double entry system. With the new technology, managing your books and filing your taxes can be made much easier. Many accounting software options are helping business owners to go through these tasks step-by-step. Especially these are more helpful during month ends and year ends.

Does database technology helps in a profession??

DATABASE MANAGEMENT SYSTEM: Databases play a vital role to the success of any business. They assist you to store, analyze and manage important information about business products, store sales and potential and brand loyal customers so you can easily cope with changing market conditions. You can also share information in the database with suppliers to improve the efficiency of your business operations. The database can store information on your customers, like their full names and contact details. A business is solely depending upon their customers. Best part is keeping consumers’ any personal information that would be relevant to their buying potential, such as age range, income, demographic details and interests. In most of the countries, data protection laws apply to personal information that organizations hold on a database, so make sure you obey if you have a globalised business. The basic customer information is always being an important for administration of every business. Like having record of information on customers’ product searches, information requests and purchases enquire. You can also prepare a detailed image of individual customers’ product preferences, purchasing history and future buying potential. This way we can track the future demands. Perfect level of security in place helps your customers, suppliers and logistics partners’ access to certain areas of your database. By providing them access with track of transactions, they can check on their order history and delivery status of outstanding orders. By giving suppliers access to inventories levels, reduced your headache to re-order for seasonal demands.VMI (Vendor managed inventory) is a perfect way to send you a scheduled delivery upon your needs.

Sale transactions affected by technology!

Technology in retail and wholesale stores Now days, Technology affected every phase so payments are also being processed by computers (cash registers) at every point of sale. More than that people are lazy to carry cash now days. Everyone prefers to use their cards even for a $1 purchase. Mostly all the business are using an electronic cash register to serve their customers fast and convenient. It is also easier for business men to keep all their track of their receivable and payable. It also reduces a labour cost and the amount of time they spend in counting that cash. I have seen in a business chain to maintain all its stores at a centralized place. For example an owner of 10-15 restaurant chain can manage all its stores’ account at one restaurant. Daily sales are easily processed by computers and easy to count all the transactions instead of adding them manually and enter in bookkeeping records. Like how much cash you had on hand, debit-credit transactions. Order making by computers is also an efficient feature. A computer aided order can prevent you to shortage of products and extra inventory on hand. It is based n your daily average sale, days coverage plus safety stock. It removes the headache of a manager to keep track of every single inventory. It is only good and possible if every sale is scanned properly and inventory is up to date. This cash register includes keyboard, screen, and printer. These types of cash register have software that charge a correct amount of tax and track the performance of each employee. We can buy different kind of software, which can help to track our sale. This cash register is also good in security system as you need password to use it.

Some examples of social media with a preview of advancement

Media Communication Advancement

Introduction: Are not we feeling behind the technology if we are not using electronic media in our business life or any other profession? This blog will reveal us a picture and advancement of electronic media for every profession. With the help of social media and electronic communication helps to grow in every profession even it is a school, medical or and retail business. Electronic media is being a regular and inseparable part of our daily jobs every day. The tools and techniques provided by it are very efficient in exchanging your views, information and product knowledge. It’s also been a very easy and fast process of sharing your message and communication. Electronic media is specially used between customer to business, patient to doctor, client to service provider and for other sources too. Some of the important and most being used tools are as: 1) Social media: Facebook, Twitter, youtube, google and instragram, Linkden and more. It includes email, discussions, weblogs and file transfers. 2) Cellphones communication is very efficient and convenient way of sharing information and fast feedback. In today’s world smartphone and fast accesive applications are way better progressive. 3) Web 4) Multimedia a) Facebook: A number of web based sources are available to get connected with your families, friends, professionals and big organizations. Facebook is considered as one of them. Through this official company page is a good knowledgeable source for users and customers. Group pages are very effective sources to share information between your colleagues. Discussion boards are obviously a good way to find answers for your questions.An official page is regularly updating and notifying its subscribers and likers. b) Twitter Twitter is another kind of social media outlet with its own pros and cons for all professions. Anyone can make several numbers of accounts and more top of that it is definitely separate for professional people. It’s been observed that twitter is an attractive informative from press releases. News reports are being used by individuals. c) LinkedIn: Actually LinkedIn was created to keep connected individual users to its employers and potential customers to be loyal brands. So easy to make connections with other users and they can maintain professional relationships. Professionally oriented profiles always be attractive to grab some business. d) Google+ Google is still developing server and a big search engine for whole world economy. It has served its users with its various features. Google+ is another best practise done by them to various more privacy and accuracy for its users. Through this an individual or an organization can easily select a group or some of its users to have access to company or profession information plus access to its contents instead of all of the users. Video presentation are being easy to share with clients and other potential users. At the end choice is always depend upon its needs. A profession can go with all the media or only one of them. Whatever suits to your requirements and kind of users go only with that source. A making an official page is not everything. Regular maintaining and updating is utmost. Every profession is always needed to maintain professionalism. It varies from profession to profession how to perform with electronic media. It could be little confusing or unclear when the information is not well defined. It must need to update and professionalism. In todays fast pace updating time to time is utmost necessary. Customers, clients or students are always looking for what they need. It also should be simple, clear and understandable. There must be number of question how to use these media very efficiently. Some of the replies are as follows: 1) Always prefer for face to face communication in proper way and language does matter alot. 2) Before you do communicate always put yourself as a reader and other hand communicator and realise how would it reflect you and is it really professional. 3) Always avoid criticizing other hand people for example customer which are most important part of any business. If you feel you should do this there are so many formal ways to deliver your message with an efficient response. 4) Always keep in mind your message is going to be permanent and could be accessible even after you delete your post. Make sure your information is correct, reliable and professionally delivered. 5) If you have business page on facebook, twitter or on blogspot keep in mind set security must be at very high level. Reputed companies are always on risk due to leakage of confidential information. 6) When you are user of social media in promoting your business or any profession personal information should be relevant and monitored by yourself. Unnecessary stuff should be removed. 7) Partners and colleagues should be communicated not to post any inappropriate messages and information on social sites. 8) Avoid personal relationships in your profession for example always filter your friend request and do not initiate invitations which are not being used to grow your main focus. 9) Must provide confidential details if you have some kinds of forms available regarding personal information of any clients or customers try to avoid breach of confidentiality. 10) If you have your customers’ information available on your website, do not copy into your database until he/she is agreed to do so. 11) A company is always being responsible for the advice they post on their official page or website. 12) Try to use business/company email address in order to avoid further consequences. 13) Authorized person is always responsible for the information in your facilities. For example you are receptionist in a law office and you are the only authorized to access it then you are the only responsible for any breach of confidentiality. Handy devices: 1) Cellphones are most popular electronic devices to keep the records of your schedules and appointments plus smart phones are really smart for today’s profession. 2) It could interfere your profession so only effective or restricted use must be better. 3) Cellphones must not be used at the work especially at the time when you are having a discussion with customer or your client. It feels like you are ignoring the person on the other hand. 4) Group discussions and colleagues’ discussions are acceptable mostly after works. 5) Passing schedules and important messages should be permitted. 6) Emergency time phone is really important. 7) Texting takes your concentration away from work. So it must be prohibited. 8) Could be used to collect the database of your customers.