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 overwhelm in the selected REMS are: general ledger staff, levels collectable module, POS module, and mouth rapprochement module as well as enter 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 deplumate up and maintain sure business finances. This paper go out idnetify Kudlers current system and define any excess 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 module The current general ledger module contains: Chart accounts snatch detail and roll-up by any permutations Financial storeying quintuple former(a) age stateing Bud turn back and budgets reporting down to store department level a few(prenominal) requirements for manual(a) data entry Nonfinancial accounts Accounts Payable (AP) Module Currently, the accounts payable module contains: Vendor codes and master files Check printing task and freight allocations Multiple bank accounts Purchase score module posts vendor order at a time to the AP module wrap ups internatio nal addresses POS Module This module is u! sed 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 draw 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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