The objective of this paper is to describe the value of a new accounting system for Kudler Fine Foods. This will cover its key features, core technology, benefits and any associated costs. The new accounting system proposed is Microsoft Dynamics GP2010. According to their website(Microsoft 2012), the key features of Microsoft Dynamics GP is, Financial Management
Business intelligence and reporting
Supply chain management
Human resources and payroll Management
The way I interpret this list to be is:
Financial management would be the handling of account payables, profit/liabilities; Business intelligence and reporting would be forecasting future periods based on historical numbers; Supply chain management is the handling of supplies to from normal overhead like office supplies to materials needed in the plant to accomplish jobs; Human resources and payroll management would be the handling of personnel records and paying them but also handling deductions like medical, retirement and taxes; Manufacturing would be the handling of the job from raw material acquisition to the end product including labor charges; Project management would be the handling of the process such as what happens at each step of the way and who the product is passed on to and finally Services management which would be the handling of different departments and the services they are responsible, tracking of jobs they have scheduled and completed.
Being a Microsoft product, the core technology can be potentially 3 things; 1) Microsoft Windows Server 2003 32 and 64 bit; 2) Microsoft Windows Server 2008 32 bit and 64 bit and finally, the product can be hosted in the Microsoft cloud Being able to organize these different modules will help the company keep track cash flow in and out. Visually staying aware of these things will help the company manage asset better because the company will know how much funds are coming...
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