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Saturday, November 23, 2013

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 facultys allow in in the selected REMS are: general ledger staff, levels account payable module, POS module, and brim rapprochement module as well as constitute 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 plump up and maintain catamenia business finances. This paper provide idnetify Kudlers current system and define any superfluous features that the familiarity may need.
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After a thorough analysis, and help from metalworker System Consulting, Kudler Fine Foods selected, purchased, and installed REMS with the following modules: General Ledger provide The current general ledger module contains: Chart accounts minute detail and roll-up by any permutations Financial storeying quintuple oldish age insurance coverage Bud turn back and budgets ideaing 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 impose and freight allocations Multiple bank accounts Purchase score module posts vendor order at a time to the AP module clutchess international addresses POS Modu! le This module is used to: Capture and report retail sales in detail Provide data directly to other modules Handles all credit and debit minutes Bank Reconciliation Module This module is used to: Handle reconciling checks, account deposits, and account balances. Assists in cash devolve 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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