Business solutions- Webtrust Solutions

	Accounts payable		Accounts Receivable
	An Accounts Payable application automates the recording of invoices or bills received from vendors for purchases of products and services. An AP system helps a business schedule payments of those bills including issuing checks.		An Accounts Receivable application automates the tracking of outstanding customer or client invoices. An AR application typically includes various aging reports to aid in collecting unpaid invoices before they become too old.
	Budgeting, Planning & Forecasting		Cash Management
	A Budgeting application helps an organization create, track and report on the financial (actual) progress of a business compared to expectations (budget). Some systems incorporate a budget application within another module. Also available are very feature rich budget and planning modules		Cash Management helps with reconciliation of monthly bank statements, check and credit card transactions and assists in tracking bank account balances.
	General Ledger		Payroll
	A General Ledger application is the central point which accumulates the results of all other accounting operations. A GL application provides traditional financial statements such as an Income Statement and Balance Sheet plus others. Departmental or Cost Center reporting is also typically found in this application.		Payroll applications hold payroll information for each employee including: pay rate, vacation hours, tax and miscellaneous deductions, etc. Payroll applications process employee paychecks, periodic payroll tax reports, year end employee W-2's, etc
	Report Writer		Purchase Order
	Report Writer applications provide the ability to create complex reports which are not always available with the standard application.		Creates and tracks purchases placed with vendors. It will help when placing repetitive orders and keep costs under control for product and service purchases.
			Sales Analysis
			Sales Analysis provides sales related reporting and helps allow sales people and sales managers to accurately track sales opportunities and produce objective sales forecasts.
	Creating invoices for goods and services
	Order Entry (aka "Sales Order")		Time & Billing
	A Sales Order or Order Entry system creates invoices for products and/or services. Typically this type of application is used in inventory intensive businesses. An Order Entry application interacts directly with the Inventory Control and Accounts Receivable applications.		Time & Billing applications are often used in a professional environment such as legal, engineering or accounting firm where detailed time and expenses are tracked and billed to specific customers. Generally a Time & Billing application is used when there is little or no product inventory sold to clients. When inventory is a significant factor, a Job Cost application may replace Time & Billing applications.
	Point of Sale (aka "Cash Register")
	A Point-of-Sale (POS) system is typically used in a retail environment effectively replacing a cash register. A POS system provides much more information on sales than what's possible with cash registers. POS systems are typically linked to Inventory Control applications.
	If you have lots of equipment or buildings
	Fixed Asset Management
	Business purchases of equipment, vehicles, buildings, etc. need special tracking. Depreciation calculation, tax treatment, and gains or losses on asset sales can be cumbersome for businesses with numerous business assets. A Fixed Asset application provides detailed tracking for each individual asset providing depreciation and gain / loss detail in order to properly account for each asset during ownership and at disposal. Generally a firm with a large number of assets use a Fixed Asset System.
	If you need to track inventory
	Inventory Control		Material Resource Planning (MRP)
	An Inventory Control application tracks a businesses inventory of goods or products for sale or used in manufacturing of products for sale. Inventory control may include features such as: serial number tracking, sales and volume by product, product purchase history, cost and lead time, product description, product location, etc		A Material Resource Planning system is used by manufacturing firms. MRP is a system for effectively managing material requirements in a manufacturing process. MRP is a set of techniques that uses bill of material data, inventory data, and the master production schedule to calculate requirements for materials. MRP systems also makes recommendations for purchasing additional materials.
	Bill of Materials
	Bill of Materials software is typically used by manufacturing firms. BOM is a "recipe" of sorts that details the "ingredients" needed to manufacture a particular item.
	Accounting- and CPA Firm-specific tasks
	Auditing		Client Write-Up
	An Auditing system is generally technically specific system used by an accounting or CPA firms to assist in auditing of their clients financial statement and accounting practices.		A Client Write-Up application is generally used by CPA and accounting firms to record the business activity of a client in order to prepare a financial statement for that client. This service is typically used by businesses who elect NOT to automate their accounting in-house opting instead to use the services of a CPA or accounting firm to provide this service.
	Tax Preparation
	Tax Preparation includes calculation and printing of business tax returns including IRS forms 1120, 1120S (corporate income tax), 1065 (partnership income tax) and others. Often used by CPA and accounting firms to prepare annual corporate tax returns for the Federal and State governments. (Payroll related taxes are generally covered in the Payroll application.)
	Specialized Solutions
	Foreign Currency Conversion		Customer Relationship Management
	Multinational firms and those involved with Internet commerce may need a way to convert currency between two different countries. Foreign Currency conversion applications provide features such as: Up-to-date exchange rates per currency, currency symbols, thousand and decimal separators, negative value displays, etc. for each currency		CRM or Customer Relationship Management involves a single integrated application, that provides effective and consistent management of prospects and customers, regardless of where the interaction takes place. CRM systems typically include information acquired from sales, marketing, customer service, and support which is captured and stored in a central database and is often integrated with accounting and manufacturing systems
	Fund Accounting		Project Management
	A Fund Accounting application is normally used by non profit organizations, charities and many governmental units since their accounting demands are unique. Fund Accounting provides a "sort of job cost" feature for these types of firms since each project must be tracked back to the funding source for the project.		A Project Management system is typically found in the construction industry. Project Management is often used to track the progress of and manage the resources (i.e. people, equipment, subcontractors, etc.) used in complex projects.
	Sales Force Automation		Job Cost
	Sales Force Automation (SFA) software is a comprehensive sales and marketing approach to building long-term customer relationships and improving business performance. SFA includes a group of networked applications ranging from contact management to sophisticated sales process automation and tracking. SFA solutions make it easier to service clients quickly and completely.		Job Cost applications help track revenue and expenses for individual jobs or projects and/or phases within a job. Jobs often also include budgeted revenue and expenses with reports detailing comparing budget to actual as well as the profitability of each job
	Work Order Management		E-Commerce
	Work Order management software simplifies work order assignment and tracking in order to ease management of business tasks.		E-Commerce applications can cover a broad number of functions using the Internet as a platform. Some examples of E-Commerce include: Charge card processing over the internet, private business to business extranets, selling inventory stock over the internet, internet auction sales, etc.