Accounting Systems Paper

Kudler Fine Foods initially selected, purchased, and installed a modular and scalable comprehensive 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 facultys involve in the selected REMS are: general ledger faculty, levels payable module, POS module, and rim rapprochement module as well as enter security features. The selection and implementation of an accounting system is an lively aspect of a business. The accounting system must be scalable and secure while able to receive a constant selective information feed from other business systems to clump up and maintain received business finances. This paper go out idnetify Kudlers current system and define any redundant features that the familiarity may need.

After a thorough analysis, and help from smith System Consulting, Kudler Fine Foods selected, purchased, and installed REMS with the following modules: General Ledger supply The current general ledger module contains: Chart accounts crook detail and roll-up by any permutations Financial storeying quintuple anile age announceage Bud turn back and budgets reporting down to store department level a few(prenominal) requirements for manual of arms data entry Nonfinancial accounts Accounts Payable (AP) Module Currently, the accounts payable module contains: Vendor codes and master files Check printing evaluate and freight allocations Multiple bank accounts Purchase score module posts vendor order at a time to the AP module consid ers international addresses POS Module Th! is module is used to: Capture and report retail sales in detail Provide data directly to other modules Handles all credit and debit proceedings Bank Reconciliation Module This module is used to: Handle reconciling checks, account deposits, and account balances. Assists in cash give 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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