Wednesday, February 27, 2019
Accounting System Paper Essay
Kudler Fine Foods has make a wonderful job with its current news report formation by manually tracking data and not having a uniform system for providing knowledge about that data. Data is the raw and unorganized version of information while information is categorized and decipher equal data that correlates to the business. Kudler Fine Foods is make a transition from the less efficient and more labor intensifier accounting methods to a technology based accounting system which saves bullion being that it is more efficient and more robust. The core features, benefits, and cost exit be discussed as you continue to read this paper.As mentioned earlier, Kudler Fine Foods is qualification a transition to a computerized accounting system which will postulate the ability to go on with all branches of the business. Kudler Fine foods will utilize an accounting system which is integral part of the Enterprise resource planning software product that is being deployed in the Kudler Fine Foods environment. The ERP software will be able to capture real time data directly from the point of sales event ( property registers) and automatically adjust inventory and profit data.See more social Satire in The Adventures of Huckleberry Finn EssayThe accounting software will besides use a compliance management feature will submit complete transaction audit trails and rules-based controls and advanced reporting capabilities which are compliant with laws and regulations. More benefits are advanced financial forecasting the can accurately predict and estimate potential profits and pending losses, revenue and property flow. This names Kudler Fine Foods the ability to analyze past trends to help make part business decisions in the future. In addition, the accounting software will give Kudler Fine Foods the ability to deep dive into the cash management aspect of their business by more accurately assessing current and future cash needs and track all transactions that directl y impact forthcoming cash levels.In an ERP environment, Kudler Fine Foods will adopt a lymph gland/ host system. The Client/Server technology exemplar is the model in which todays softwares are developed. A Client/Server model is one in which the client computer is identified separately from the server computer. This will require servers with Windows serve 2008 and ne tworking equipment which will allow all workstations to communicate to application servers, shared data drives and communicate with the outside world. With the added benefits of an ERP system in the Kudler Fine Food environment, comes an added expense of support of the system. Currently, Kudler Fine Foods can foresee an expense of twenty-five thousand dollars with a potential ceiling of two hundred fifty thousand dollars.ReferencesTop 10 ERP. (2012). Retrieved from http//www.top10erp.org/sap-erp-software-comparison-technology-140 Technology postulate for Erp. (2012). Retrieved from http//www.vkinfotek.com/erp/erp- technologies.html
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