Simcrest

Description

SimCrest has worked with the following partners to provide our customers with solutions that satisfy specific needs.

We have adopted the Scrum framework that allows us to delivery projects using agile principles. The framework has many benefits to our customers over more traditional waterfall frameworks that expects predictability of the future. Our framework allows us to respond better to change, deliver software early and often and collaborate better with our customer during the project execution. The result is working software that fulfills the requirements of our customer.

We value our existing customers very much and are dedicated to provide useful information to help our customers growing.

Cash Basis and Accrual Basis differ in the manner in which they deal with the issue of when to recognize revenues and expenses. The Cash Basis focus is, as its name implies, on the flow of cash. That is to say, whenever cash is collected, revenue is recognized as having been earned. A similar basis for the recognition of expense is used, namely whenever cash is disbursed the related expense is recognized as having been incurred.

Cash Basis Accounting enables your Microsoft Dynamics™ NAV (Navision) to calculate your accounts on a cash basis, which means revenues and expenses are recorded in the period they are actually received or expended in cash. Cash Basis and Accrual Basis differ in the manner in which they deal with the issue of when to recognize revenues and expenses. The Cash Basis focus, as its name implies, is on the flow of cash. That is to say, whenever cash is collected, revenue is recognized as having been earned.

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