Kudler Accounting System Paper

Kudler story dodge Paper Jon Lazar BSA/310 January 23, 2012 Jaclyn Krause Kudler be organization Paper These days it is especi onlyy substantial to pay attention to details when it comes to decision making if your report t stockk is providing the kind of breeding that may be required of you to produce. I think legal requirements and government regulations are becoming more(prenominal) demanding as to what they hold back to see if some maven such(prenominal) as the I. R. S. were to show up and ask for an audit.I would like to talk a short(p) ab kayoed a few of the cardinal qualitys, core technology, benefits, and costs of inst onlying and maintaining an expeditious accounting ashes and some of the benefits it would be to your company, especially in areas where details are crucial. Like the alive accounting system that you aim all probably gotten apply to here at Kudler, a freshly accounting system would be tack together up the same track by modules. Each module would be more comprehensive and attentive to details that have been apparently overlooked by the bear system.In the way of take ins, I could articulate that it is the most important overall feature a pertly system could advise this company. New technology has provided for faster, more minute and organized data auditing and reporting. This is essential in todays business institution to follow accurate, itemized data entries in nightclub to satisfy government business regulations such as standards set by the I. R. S. elaborate in variantation is especially critical for a company like Kudler, whose business proceedings and data entry are performed by a single person. From an internal bid standpoint, this isnt desirable.Having only whizz person, or blush a few the great unwashed doing all the accounting that has to be make in a lot of different areas, opens the limen for fraud and embezzlement. Companies that employ more people assigned functions tidy sum structure task s in such a way that those done by the same person dont beat out a control threat. Realizing that for smaller companies, a lot of people in the accounting department may non be practical, and/or cost effective, systems have been certain for use with fewer people staffing them and keep mum maintaining security.The internal control structure that privy be installed in a new accounting system testament second eliminate security risks through chemical mechanism and procedures rather than expensive people (Accounting Basic Accounting Components of the Accounting dust,2003). There are several carousel rated Core Accounting programs that would fulfill the demand of your accounting department. Weak areas and areas of concern with the existing system include inventory and edict control, and the way employees punch in and out for work.Presently, there is no systematic way of ordering supplies other than when a blood runs low, an order is placed to share betwixt the three store s. If one of the stores should experience a slow period, overstocking could very tumefy constitute a problem, especially when freshness of their products is one of Kudlers trademarks. An inventory control feature within the core program burn down automatically analyze, predict supply ask for a set delivery date, and received place the order for severally singular store saving lots of m and expense.The process in which employees punch in and out of work and the process it goes through just to get to the payment commission seems very clock while consuming for Kudler. A payroll processing feature of a new accounting system would show data such as name, date, epoch, employee number, and so forth from a card that an employee would swipe upon sign langu long time in or out, process the employees personal financial information and thence get by that information to a printing station to print out the carnal checks or send that information to the employees bank for direct de posit.Kudler needs a system that is up to date with speed, and technology to be able to produce authoritative up to date, detailed account of all transactions made in the form of itemized and organized reports. If it is the intention for Kudler Fine Foods to grow, it essential have a system that tooshie grow with it. I do not believe Exel spreadsheets with its time consuming manual entries will be able to keep up with the growth of the company.Replacing the XLX with a SQL database will give the company connect-ability to send and receive data updating reports and match finances all in real time. The total cost would include hardware and software upgrades to the main servers as well as each POS at each store. The cost will include the time it takes to install, program, and test the new system. The cost will also include a sanctioned training program and online support on with materials warrantees and our guarantee of customer satisfaction in both product and service.In death I can only range that the benefits of a new accounting system would surely in the long run outweigh the modest cost of set up a new system. In business, time is money so saving time is saving money, and in this day and age where attention is given to detail, and details can either cost you money or save you money, there is only one logical choice. References Accounting Basic Accounting Components of the Accounting System. (2003). Retrieved from http//www. businesstown. com/accounting/basic-components. asp