Thursday, June 6, 2019

Accounting System Paper Essay Example for Free

Accounting System Paper EssayKudler attractive Foods has done a wonderful job with its current accounting governing body by manually tracking data and not having a uniform system for providing information somewhat that data. Data is the raw and unorganized version of information while information is categorized and decipherable data that correlates to the business. Kudler Fine Foods is making a transition from the less(prenominal) efficient and more than labor intensive accounting methods to a technology based accounting system which saves money being that it is more efficient and more robust. The core features, benefits, and cost will be discussed as you continue to read this paper.As mentioned earlier, Kudler Fine Foods is making a transition to a computerized accounting system which will have the ability to communicate with all branches of the business. Kudler Fine foods will utilize an accounting system which is integral part of the Enterprise resource planning softw ar that is being deployed in the Kudler Fine Foods environment. The ERP software will be able to capture real time data nowadays from the point of deal (cash registers) and automatically adjust inventory and profit data.See moreSocial Satire in The Adventures of Huckleberry Finn EssayThe accounting software will also consumption a compliance management feature will provide complete transaction audit trails and rules-based controls and advanced reporting capabilities which are compliant with laws and regulations. More benefits are advanced financial forecasting the can accurately predict and estimate potential profits and pending losses, revenue and cash flow. This gives Kudler Fine Foods the ability to hit the books past trends to help make better business decisions in the future. In addition, the accounting software will give Kudler Fine Foods the ability to deep come down into the cash management aspect of their business by more accurately assessing current and future cash need s and track all transactions that directly impact available cash levels.In an ERP environment, Kudler Fine Foods will adopt a client/ waiter system. The Client/Server technology mold is the model in which todays softwares are developed. A Client/Server model is one in which the client computer is identified separately from the server computer. This will require servers with Windows serve 2008 and networking equipment which will allow all workstations to communicate to application servers, shared data drives and communicate with the outside world. With the added benefits of an ERP system in the Kudler Fine Food environment, comes an added expense of support of the system. Currently, Kudler Fine Foods can anticipate an expense of twenty-five thousand dollars with a potential ceiling of two hundred cubic decimeter thousand dollars.ReferencesTop 10 ERP. (2012). Retrieved from http//www.top10erp.org/sap-erp-software-comparison-technology-140 Technology required for Erp. (2012). Retriev ed from http//www.vkinfotek.com/erp/erp-technologies.html

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