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Tencia's Australian Accounting Packages
Tencia business accounting packages are an all-in-one solution, encompassing the accounting software programs required for small, medium and large businesses in Australia. Designed and built as a highly flexible solution, Tencia's fully integrated business accounting packages, deliver boundless business capabilities, increasing connectivity, communication and accountability within businesses. The Australian made and locally supported solution, is feature-rich and easy to use, utilising Microsoft .NET technology.
Australian businesses can take full advantage of Tencia by investing in the core solution, which provides everything a standard business would need to effectively and efficiently run their operations. In addition to the core system there are a number of specialist modules, such as Job Costing and Bill of Materials, which have been designed specifically for the Australian market.
Benefits of Tencia's Business Accounting Packages
- Australian legislative requirements; are catered for.
- Alignment; Australian developed software is more closely aligned with the conditions of doing business within Australia.
- Australian focus; a primary focus on the Australian market.
- Adaptable; quicker to adapt to changes within Australian business conditions.
- Local solution; locally supported and developed.
- Cost effective; a very cost-effective solution to business software requirements.
- Complete solution; including all the relevant modules required for business accounting.
- Customisable; packages are customisable to suit the business, in terms of the size and specific modules.
- Tencia Report designer; incorporating a powerful report designer for building flexible and customised reports.
- Flexible real time reporting; generating reports in minutes, enabling timely business decisions.
- Comprehensive security features; giving exceptional levels of control over system data.
- Real time information and remote access; providing access to financials, when needed; 24 hours a day, 7 days a week!
- Ease of use; intuitive easy to use navigation and menus.
- Ease of implementation; through a Microsoft Management Console (MMC).
- Seamless integration; with Microsoft Office applications via the user interface.
- Flow through; in all modules, ensuring up-to-date data throughout.
- Highly scalable solution; a solution that grows with your business.
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| User Security |
Sample Stock Report |
Maintain Stock Items |
Special Pricing for Stock |
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 | General Ledger
Tencia's General ledger offers real time data and is fully integrated which is fundamental to ensuring the integrity and accuracy of your financial information. |
 | Cashbook
The Tencia cashbook maintains an up to date running balance of your cash position so you are fully informed about your organisations liquidity at any point in time and able to forecast future cash flow based on accurate data. Keeping you informed and in control. |
 | Debtors
Tencia gives you the ability to quickly and easily monitor customer outstanding balances. The simple to use interface lets you perform detailed on screen inquiries providing you with up to date information to enable efficient customer follow up and collection of outstanding amounts. |
 | Creditors
The creditors feature allows you to keep track of and reconcile your creditor accounts. Tencia's easy to use interface allows for rapid data entry of supplier invoices. Giving you the insight you need to monitor the age of your suppliers debt, more effectively. |
| Payroll
The Payroll feature allows the operator to set up an individual's pay in any form required. Giving you enormous flexibility in the way the payroll is prepared. |
 | Sales Orders
The sales order features in Tencia allow users to manage the complete sales order cycle, from preparing quotes to issuing Debtor invoices. |
 | Stock
The Tencia stock module gives you control over the entire stock cycle, from the initial purchase of the goods to the eventual sales, making it easy to track stock movements and inventory levels quickly and accurately. |
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Tencia's complete set of accounting and financial features, as well as its powerful analysis and flexible reporting capabilities, ensure an intelligent and affordable choice of software. Tencia's off-the-shelf business accounting packages are a proven solution and a product of over 20 years of research and experience.
Accounting Packages for Small business
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Tencia provides accounting packages for small businesses, which usually have between 5 and 20 employees, with a turn-over of $1 million - $10 million. Accounting packages for small businesses are parameter driven with the option of turning off the additional features that are not relevant to a small business. The additional features can be turned on as the company starts to grow, providing much needed flexibility in accounting software packages. For example a small health food wholesaler may choose to switch on the special pricing feature, allowing them to set up and maintain special prices for stock, customers and suppliers. However, since the administration team of the wholesaler consists of less than 3 people, they may choose not to have a complex security matrix, as it is not required. |
Accounting Packages for Medium to Large businesses
Tencia provides accounting packages for medium to large businesses, which have in excess of 25 employees and $20 million plus in turnover. Generally the requirements of medium and large businesses are more complex than that of small businesses. A large business may need a layered security matrix to ensure that only authorised staff can access restricted information. For example a multimillion dollar business with over 100 staff would want to restrict the access of its employees to protect confidential financial figures. A large business may also turn on more complex features to produce detailed reports, essential in making strategic decisions, such as setting an alert when different users reach their budgets or they may set up recurrent reports to measure key performance indicators at regular intervals.
Australian Accounting Standards
Australian Accounting standards are developed by the Australian Accounting Standards board, which is an Australian Government Agency under the Australian Securities and Investments Commission Act 2001.
Under that Act, the statutory functions of the AASB are:
- To develop a conceptual framework for the purpose of evaluating proposed standards;
- To make accounting standards under section 334 of the Corporations Act 2001;
- To formulate accounting standards for other purposes;
- To participate in and contribute to the development of a single set of accounting standards for worldwide use;
- To advance and promote the main objects of Part 12 of the ASIC Act, which include reducing the cost of capital, enabling Australian entities to compete effectively overseas and maintaining investor confidence in the Australian economy.
The vision of the AASB is to be recognised as a global centre of excellence, delivering a truly distinctive contribution to the development of high-quality financial reporting standards.
Selecting an accounting system
There are a number of factors involved in deciding which accounting software programs or business accounting packages best fits your needs. Selecting the best Accounting system for your organisation is a significant decision and can be influenced by a number of factors such as:
- Ease of use
- Ease of implementation
- Depth of product functionality
- Availability of support and,
- Scalability
A fully integrated business solution
Tencia software is business ready, increasing the speed of implementation and the deployment of the application. Tencia accounting software programs seamlessly integrate, with common Microsoft Office applications, such as Excel and Word via the user interface.
Scalable Accounting Systems; grows with your business
Tencia grows with your business; because as your business grows so do your accounting software requirements. Tencia has the ability to support one or hundreds of users and the power to deal with large, dispersed computing environments. Tencia's .NET technology and layered design offers the unique ability to customise Tencia's interface to operate from a range of devices such as pocket PCs, phones and PDAs making it an adaptable and portable solution.
Servicing a wide range of industries
Tencia helps businesses to manage the dynamics of their growing business, empowering them in effective management of accounting, cash flow and banking transactions, using one comprehensive and integrated set of tools. Tencia is a flexible solution with a wide range of features suited to a broad range of industries including manufacturing, wholesale and distribution, financial management and professional services. To discover which Tencia solution is best suited to your industry please use the search function on the solution selection page.
Regular Updates
Differentiated by its platform extensibility and the use of state-of-the-art technology, Tencia provides a custom solution for all business accounting software requirements. Tencia offers regular updates and free enhancement software, with annual subscription; ensuring businesses have the very best business accounting software working for them.
Business Accounting Software Australia, UK and NZ
Tencia is a fully integrated accounting and business management solution, designed specifically for small to medium sized businesses in Australia, New Zealand and the United Kingdom.
Tencia is supported by a professional business partner network, ensuring qualified experts are available to provide advice and support when required.
For more information on business accounting packages, accounting packages for small business, windows accounting software, accounting software programs or for any other queries, please call Arrow; the leading supplier of Business Accounting Software in Australia, UK and NZ, for your nearest distributor 1800 248 264 or Submit an online form.
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