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Analysis and Design of Proposed Accounting System

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Analysis and Design of Proposed Accounting System

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  • September 12, 2012
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Submitted by:

Camero, Chana Paulene A.
Hinoguin, Vanessa Bea P.
Pagente, LJ Faith B.
Suasin, James P.

Submitted to :

Miss Marianne Sy, Instructor

CISB 32 -B

Submitted by:

Camero, Chana Paulene A.
Hinoguin, Vanessa Bea P.
Pagente, LJ Faith B.
Suasin, James P.

Submitted to :

Miss Marianne Sy, Instructor

CISB 32 -B

SYSTEMS ANALYSIS AND DESIGN
Accounting System Proposal
SYSTEMS ANALYSIS AND DESIGN
Accounting System Proposal

SYSTEMS ANALYSIS AND DESIGN:
ACCOUNTING SYSTEM PROPOSAL
Four Queens Resort

History/Nature of the Business
Four Queens Resort is a 1,700 sq meter hotel and resort located at National Highway, Tuburan District, Pagadian City, Zamboanga del Sur. The said resort is another business venture of Engr. Jocelyn P. Hinoguin who owns a few other businesses such as Cashlink Financials. 

The hotel was named after the owner and her three daughters: Princess, Vanessa and Joyce, thus, Four Queens. According to the owner, the original plan was that of putting up a commercial building to be leased to regional offices of different establishments. But she thought of launching something more profitable. Though there are many hotels in Pagadian, there were only a few that also had a resort in it, thus, she decided to put up the hotel and resort instead.

There had already been a two-storey building where Four Queens Resort stands today and so the owner decided to have it renovated. Renovations and the construction of other facilities, which started in 2008, were completed in 2011 and Four Queens Resort opened its doors to guests and customers in October 2011. Statement of the Problem

The current accounting system of the business is that of a manual one. Further, the business has practices that do not necessarily conform to generally accepted accounting principles. For example: erroneously charging to expenses inventory purchases. Such practices can conceal the true profit of the business and can...