ACC 542 Week 2 Learning Team Assignment Automated Process of Accounting Information Systems

May 1st, 2015
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ACC 542 Week 2 Learning Team Assignment Automated Process of Accounting Information Systems

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Automated Process of Accounting Information SystemsACC/542University of PhoenixAutomated Process of Accounting Information SystemsKudler Fine Foods began operations in 1998, by Kathy Kudler, after realizing her dream; the company has grown from one store to three and aspirations to add more locations in the near future. Team A was given the task of recommending a system to automate the accounting functions of accounts payable, accounts receivable, inventory, and payroll. This brief will explain the rational and analysis behind the recommended course of action; explain the characteristics of the system and describe how the accounting information system adds value to the accounting operations of Kudler Fine Foods.The Rational and Analysis Behind the Recommended Course of ActionKudlers current software is a modular and scalable Retail Enterprise Management System (REMS), and Windows 97 operating system with Office 97 spreadsheets. The Accounting and Finance software has the following modules: General Ledger Module, Accounts Payable Module, Accounts Receivable Module, POS Module, and Bank Reconciliation Module. After careful analysis, Team A has concluded that upgrading its accounting information system with retail-specific software instead of custom written software would be best for Kudler Foods.Retail accounting software has evolved and improved over the years providing businesses with the information needed to manage properly their accounts p

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