Kudler Foods Sr

Kudler Accounting System Paper

Brett Randolph

BSA/310

October 8, 2012

Alan Basa

In order for a company to become a successful business there are many systems that need to be taken into consideration. The most important system to be considered is the accounting system. Without proper accounting, the business cannot keep track of incoming expenses and outgoing expenses. The key to a prosperous business is the ability to track expenses and improve when and where it can be. There are hundreds, if not thousands, of different accounting systems in the world today and each system is different. Deciding which type of accounting system is going to best fit the business can be difficult. There are several things that must be considered. The most important thing to look at when choosing which system is right for the company is if your company’s existing software and hardware are compatible. In order to find that out research needs to be done, and when it comes down to it, getting advice from outside agencies is never a bad thing. After taking the advice of Smith Systems Consulting, Kudler Fine Foods bought and installed a Retail Enterprise Marketing System (REMS). Kudler Fine Food decided that the only modules to buy for this particular project are general ledger, point of service, accounts payable, and bank reconciliation in order to translate their transaction orders into viewable reports on paper and by doing so Kudler was able to save money. The purpose of this paper is to further explain this system and the different module by observing how they are going to improve the company's function ability and progression through its new found organization.

The first module within an accounting system is the General Ledger. The general ledger is the main accounting record of a business which uses double-entry bookkeeping. It will usually include accounts for such items as current assets, fixed assets, liabilities, revenue and expense items, gains and...