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Presentation On Accounting Software

This document discusses matrices and their applications in business. It begins with background on matrices as rectangular arrays of numbers, symbols or expressions arranged in rows and columns. The primary and secondary objectives are then stated, with the secondary objectives being to understand the basic concepts, operations, history, properties and applications of matrices. Several types of matrices are defined such as row, column, rectangular, square, zero and triangular matrices. Common matrix operations like addition, subtraction and multiplication are described. Finally, potential applications of matrices in accounting, such as representing financial statements and reports, are mentioned.

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Engr. Md Hasib Modina Engineering
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69 views

Presentation On Accounting Software

This document discusses matrices and their applications in business. It begins with background on matrices as rectangular arrays of numbers, symbols or expressions arranged in rows and columns. The primary and secondary objectives are then stated, with the secondary objectives being to understand the basic concepts, operations, history, properties and applications of matrices. Several types of matrices are defined such as row, column, rectangular, square, zero and triangular matrices. Common matrix operations like addition, subtraction and multiplication are described. Finally, potential applications of matrices in accounting, such as representing financial statements and reports, are mentioned.

Uploaded by

Engr. Md Hasib Modina Engineering
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 18

PRESENTATION

ON
APPLICATIONS OF
MATRICES IN BUSINESS
Presented By
Md Hasib
Roll: 2123032031
Batch: 27, Section: B
MBA Professional
Faculty of Business Studies
Bangladesh University of Professionals
Mirpur Cantonment, Dhaka-1216
Background of the Study

In mathematics, a matrix (plural matrices) is a


rectangular array of numbers, symbols, or
expressions, arranged in rows and columns. The
individual items in a matrix are called its
elements or entries. An example of a matrix
with 2 rows and 3 columns is
Objective of The Report

1. Primary Objective:
2. Secondary Objectives:

 The secondary objectives are as follows:


 To know the basic concept of matrices
 To know the different operation of matrices
 To know the historical background of matrices
 To know the properties of Matrix operations
 To know the different application of matrices
Matrix
 Matrix is representation of data in form of rows and columns.
Row Matrix
Column Matrix
Rectangular Matrix
Types of Matrices
Square Matrix

Zero Matrix
Upper Triangular Matrix
Lower Triangular Matrix
Diagonal Matrix
Scalar Matrix

Identity Matrix
Transpose Matrix
Regular Matrix
Operations on Matrices

 Matrices can be added, subtracted and multiplied. Other than this matrix
transpose, matrix ad joint, inverse, conjugate, trans conjugate also
operations on matrices. For addition and subtraction of matrices order of two
matrices must be same. Order of a matrix is representing number of rows and
number of columns of a matrix.

 For multiplication of matrix A with matrix B that is for AB matrix number of


columns of matrix A must be equal to number of rows of matrix B
How does accounting software work?

Create
Record Create and Collaborate
financial Manage
transactions: send with your
statements customers: 
  invoices:  accountant: 
and reports:
what to consider when getting an accounting
software?

Industry-Specific Functionality
Multicurrency Functionality
Bank Compatibility
Scalability

User Security Options


Future of Accounting
 AI Integration
 Use of Robotics

Emerging Accounting Technologies


 Cloud Computing
 Automated Accounting Tasks
 Blockchain technology 
 Data Analytics and Forecasting
Selecting Business Accounting
Software
In the old days, maintaining the books for a business meant recording figures in a
paper ledger. Not anymore. Today, businesses of all sizes use accounting
software to track their revenue, as well as to forecast sales and manage
inventory.

1. Consider both needs and accounting skills


2. Look at cloud applications
3. Keep your budget in mind
4. Pay attention to add-on features
5. Make the decision with the help of your accountant.
Accounting Software Modules
An accounting software has become a basic need for every business. An
accounting software empowers your accounts team in minimizing errors
and focusing on high-impact actionable.
1. Chart of accounts
2. Billing
3. Meaningful reports
4. Cash flow management
5. Credit management
6. Banking
Accounting Software Implementation
Checklist
 Project Initiation

 Technical Installation

 Project Team Training

 System Design

 System Configuration

 User Acceptance

 Data Transfer and Switching

 Training of end users


List of
Accounting
Software
Thank You

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