Submitted by: Submitted by tjlybrand
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Category: Business and Industry
Date Submitted: 09/05/2012 05:06 AM
Kudler Accounting System Paper
Thomas Lybrand
BSA310
August 8th, 2012
Craig Kaercher
Kudler Accounting System Paper
Write a 3- to 5-page paper describing the value of a new accounting system to Kudler Fine Foods. Your paper must cover the following aspects of the proposed system:
Keep your paper at a high level, but provide enough details so the executives at Kudler Fine Foods can decide whether to pursue the project based on your paper.
Key features
* Today companies must have strong accountants to keep them on top. An accountant provides key information that the company needs to make critical decisions. This new system will provide us with that information tracking of every store, every department, and every item. It will be able to provide up to date information at any time of the day from and to all departments.
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Core technology
* For this new rowel out it is broken down into six sections.
* First is the General Ledger Module that contains Chart of Accounts that allows for sharing of all charts. Transaction detail and roll-up by any number permutations for each store, department, and down to each individual product. Financial reporting that will provide balance sheets, Income statements, cash flow, trend analysis that allows for store to store and department to department comparisons over any period of time over multiple years. It also allows for budget and budget reporting down to the individual store department level. There are few requirements for manual entries. There is a non-Financial account like square footage of departments.
* Second is Accounts Payable Module that holds vender codes and master files has check printing ability, tax and fright allocations, multiple bank accounts, and place purchase orders directly to the AP module. It also handles international addresses necessary for the direct international purchasing of items such as wine, olive oil, select produce, and cheeses.
* Third is the...