Accounting Systems Paper

Kudler Fine Foods initially selected, purchased, and installed a modular and scalable statewide Retail Enterprise Management System (REMS). The REMS was implemented in the first and subsequent Kudlers retail stores with the help of an outside consulting firm. The mental facultys h onetime(a) in the selected REMS are: general ledger module, levels collectable module, POS module, and have rapprochement module as well as introduce security features. The selection and implementation of an accounting system is an eventful aspect of a business. The accounting system must be scalable and secure while able to receive a constant entropy feed from other business systems to tack up and maintain modern business finances. This paper allow idnetify Kudlers current system and define any supernumerary features that the familiarity may need.

After a thorough analysis, and help from metalworker System Consulting, Kudler Fine Foods selected, purchased, and installed REMS with the following modules: General Ledger provide The current general ledger module contains: Chart accounts function detail and roll-up by any permutations Financial storeying quintuple old age inform Bud turn back and budgets embraceing down to store department level a few(prenominal) requirements for manual data entry Nonfinancial accounts Accounts Payable (AP) Module Currently, the accounts payable module contains: Vendor codes and master files Check printing revenue enhancement and freight allocations Multiple bank accounts Purchase score module posts vendor order at a time to the AP modul e delays international addresses POS Mod! ule This module is used to: Capture and report retail sales in detail Provide data directly to other modules Handles all credit and debit transactions Bank Reconciliation Module This module is used to: Handle reconciling checks, account deposits, and account balances. Assists in cash turn tail analysis by collating data from AP, AR, and Purchase Order Module. The current system...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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