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o help provide the company with better integrated working and also to meet the needs which include, a) Improved stock taking process, b) Improved customer relationship management, c) Inclusion of Pay Roll software for better calculation of wages and electronic payment to the staff, and d) Inclusion of sales forecast software to help in forecasting the sales easily and effectively.
Based on the research two products have been shortlisted which show potential for SkiZone. These include, NetSuite SaaS and QuickBooks Enterprise Solutions 10. 0. A thorough analysis of the features of the two solutions along with relative merits and demerits indicate the effectiveness of using these systems at SkiZone. These solutions are also financially analysed using investment appraisal methods and the cost benefits are identified. It is identified that Quick Books results in higher returns to the company and also increases the value of the company by a significant amount. The cost benefit analysis indicates that the Quick Books Enterprise is the optimum solution for SkiZone covering all the requirements.
Stock management and good book keeping play a very important role in every business. It is essential that businesses keep a clear record of all their finances as well as maintain their stocks effectively (Gelinas & Dull, 2009). Keeping a clear track of all aspects of the business will allow the businesses to have better control on the finances and will also allows the company to benefit from other costs like opportunity costs, stock holding overheads and also any possible risk of wastages (Romney & Steinbart, 2008). This report aims at analysing the current position of Ski Zone and investigating the current deficiencies of the systems used as well as recommending alternative solutions to the company in order to develop better stock management systems. The financial aspects of the alternative option have also been included to gain a better overview of the cost – benefit analysis
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Accounting Information System Various activities are performed in order to achieve Top Burger desired output. Processes are the input activities that are performed on the inputs. From the case study, the following activities are performed: Feeding sales- this is the activity that involves entering of the sales transactions in the company data in order capture the amount of sales and the details by the use of the software.
Background statement/introduction: The trend in the PC ownership has indicated that majority of people tend to move towards owning tablets more than any laptops. In a study conducted by Display Search, it was revealed that tablets purchase worldwide will hit 416 million, 23 million more than regular laptop’s 393 millions by the year 2017.
The Accounting Information System for this company has been setup as a complete system to reflect the whole procedure of processing the accounting transactions. It starts from recording journal entries (double entry system) and the adjusting entries, continues to the preparation Trial Balance, and finally to Profit and Loss statement and Balance Sheet.
A through analysis of data and information has been conducted to contribute to the current situation of ISM. Options were generated to cover several of the weaker points that were found in the system and finally a
The latter part of the paper would evaluate the final output and measure the profitability of the system with the help of post implementation reviews.
The implementation strategy describes those methods and procedures that we need to perform for setting up the new
The database is created using the Ms Access application. It entails tables, Queries, Forms and Reports. The Tables forms a basic unit for storage in the database. the clients, records and information is stored in the clients table, the invoices are stored in the invoice
The revenue cycle essentially involves all the activities and processes from the time a product is ordered by a client to the point in which the product is delivered or collected by the client in exchange for
There are no purchase orders, sales processing, invoicing and such processes in this cycle. The revenue cycle is simply initiated by developing a proposal that is submitted to various donors who will either decide to sponsor the project or decline.