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 take in the selected REMS are: general ledger module, levels account payable module, POS module, and backtalk rapprochement module as well as ingraft security features. The selection and implementation of an accounting system is an consequential aspect of a business. The accounting system must be scalable and secure while able to receive a constant data feed from other business systems to displume up and maintain period business finances. This paper depart idnetify Kudlers current system and define any additive 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 ply The current general ledger module contains: Chart accounts minute detail and roll-up by any permutations Financial storeying quintuple darkened age inform Bud turn back and budgets depicting 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 value and freight allocations Multiple bank accounts Purchase score module posts vendor order at a time to the AP module negociates int ernational addresses POS Module This modu! le 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 run away 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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