TheImpactofE
terpriseResourcePla
i
gSystemso
Ma
ageme
tAccou
ti
gA
Australia
StudyAbstractI
formatio
tech
ologyissig
ifica
tlycha
gi
gtheoperati
gpracticesofa
i
creasi
g
umberofcompa
iesgloballyThesedevelopme
tshaveimporta
timplicatio
sfortheaccou
ti
gprofessio
a
di
particularaccou
ti
gpracticesi
thetwe
tyfirstce
turyThisstudyexami
esthedevelopme
tofe
terpriseresourcepla
i
gERPsystemsasamea
sofillustrati
ghowcha
gesi
i
formatio
tech
ologyallowsallsystemsi
acompa
ytobeli
kedtoma
ageoperatio
sholisticallyThestudyi
vestigatesthecha
gei
accou
ti
gsystemsusi
gasampleofAustralia
compa
ieswithemphasiso
theadoptio
ofERPsystemsi
cludi
gthepote
tialimpactofERPo
capitalbudgeti
gprocessesTheresultsshowthatERPsystemsarecha
gi
gma
ageme
taccou
ti
gpracticesalthoughatthisstagetheimpacto
capitalbudgeti
gtech
iquesappearstobelimitedThefi
di
gsco
tributetotheemergi
gbodyofliteratureo
thedevelopme
tofERPsystemsa
ditsimpacto
ma
ageme
taccou
ti
gteachi
ga
dresearchKeywordsMa
ageme
taccou
ti
gcapitalbudgeti
ge
terpriseresourcepla
i
gsystemsi
formatio
tech
ology1I
troductio
Duri
gthepastdecadea
i
creasi
g
umberofcompa
ieshavebee
impactedbyi
formatio
tech
ologyi
termsofcomputerizedtra
sactio
processi
ga
delectro
ictelecommu
icatio
ssuchasthatdo
ewiththeI
ter
eti
tra
eta
dextra
etForcompetitivereaso
scompa
ieshavehadtocha
gefromma
uala
dthe
mai
framesystemstowhathasbee
callede
terpriseresourcepla
i
gERPsystemsA
ERPsystemhasacommo
databaseordatawarehousethatli
kstogetherallsystemsi
allpartsofacompa
yi
cludi
gforexamplecapitalbudgeti
gwithfi
a
cialco
trolma
ufacturi
gsalesfixedassetsi
ve
toryhuma
resourcesmodulesetcA
ERPsystembyli
ki
gallsystemsthroughadatawarehouseallowsacompa
ytoma
ageitsoperatio
sholisticallyAseco
dimpactofERPsystemshasbee
age
eralshifttoma
ageattheactivitylevelrathertha
atthemoreabstractleveloffi
a
cialtra
sactio
sThismea
sthatma
ageme
taccou
ti
gwithitsfocuso
activitiesca
bemosteffectivewhe
itisusedwithERPsystemstoi
corporatetheactivitylevelforcosti
ga
dperforma
cemeasureme
tTobeeffectivea
ERPsystemwillco
tai
a
exte
sivechartofaccou
ts
forcodesforactivitiessuchasaccuraterecordi
ga
dtracki
gofactivitiesreve
uesa
dcostsThecodi
gi
corporatesstablee
titiesofabusi
esssuchasdivisio
spla
tsstoresa
dwarehousesAtadetailedleveltherearecodesforfu
ctio
ssuchasfi
a
ceproductio
salesmarketi
ga
dmaterialsma
ageme
tTherearealsothetraditio
alfi
a
cialaccou
tcodessuchasassetsliabilitiesreve
uesa
dexpe
sesa
dthece
tralERPfeatureofcodi
gprocessesactivitiesa
dsubactivitiesTheremr