Expert: Scottgem - 4/20/2009

Question
hi mr. scottgem,  i am munsif ali, commerce graduate from pakistan. i have come across many websites, some of them are simple databases, and some of them calculate figures too. now, how complex calclations , a business software can perform. for instance, i am looking for a software which could perform automatic calculations. for instance, I own a bank, which has computer database/ software installed on windows xp , which manages transactions in customer's current account and other accounts such as profit and loss account, and fixed deposit accounts. now, for instance, i have a special current account manager software. One of its specialities is that, it automatically checks, a certain level of sum in current account, and deducts service charges, monthly.

amount range                monthly service charges
______________________      ____________________

10 u.s. dollar to 1000 u.s.$           0.50 $

1000  to  10,000  $                    1.00 $

10,000  to  50,000 $                   1.50 $

50,000  to  99,000  $                  2.00 $

99,000  to  2,00000  $                 2.50 $

above 2,00000  u.s. $                  3.00 $


 now my bank's software will automatically check the sum range in customer's current account at the end of each month i.e. on 31st, or 28th feb, at about 11:59 pm, and will bring an automatic transaction in the ledger  as follows,

date  description   debit cred. bal
____  ____________  ____  ____  ____

31-4 ser.charg.     1.50        30,000 u.s $

 can you please refer me to any such business sftware , which automatically perfom accounting functions.

further , that business software will also bring overall service charges credited in bank' income account.  Hoping thru my model presentation, you must have understood my question.

regards


munsif ali
pakistan  

Answer
There are dozens. Any accounting software can perform calculations. Any banking software can be set to automatically deduct fees.

You really need to loo at the specific application you want, then search for software in that category. One good place to search for software for a specific industry is in trade journals.

Hope this helps
Scott<>