Accounting in the Realm of Electronic Commerce

Abstract: Ecommerce saves time and money, particularly in relationship to accounting functions. By allowing the bank to handle cash, the vendors to handle accounts payable, the stock vendor to handle the stock investment portfolio, etc., the company can be stripped down to its barest essentials . . . in support of a fully functional financial institution, no matter its trade. Reviewed in this regard are internets and intranets, advantages and disadvantages of ecommerce, batch and real-time processing, EDI, and ERP systems. Bibliography lists 3 sources. jvActUse.rtf

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Catagory:

Subcatagory: Money & Banking / Corporate Finance

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