Riordan Manufacturing

Topics: Accounts receivable, Accounting software, Accounts payable Pages: 2 (403 words) Published: January 1, 2007
Riordan Manufacturing has three operating entities…Georgia, Michigan and California…plus a joint venture in the People's Republic of China. Basically, the operating entities each have their own Finance & Accounting Systems and they provide input that is consolidated at Corporate…San Jose. The basic components of each system are as follows:

General Ledger
Accounts Payable
Accounts Receivable
Order Entry
Sales and Purchasing History
Invoicing and Shipping
Financial Reporting
Bar Code Reading*
EDSS (Executive Decision Support System)*
*San Jose Only

Accounting software includes:
1.Point of sale – cash register scanning
2.Inventory – goods, raw materials, finished products
3.Time – billable hours
4.General ledger – accounts
5.Accounts payable – amount company owes
6.Accounts receivable – amount customer owes
7.Billing – invoices in response to purchase orders
8.Collections – tracks overdue bills
9.Expense – employee business-related expenses
10.Payroll – salary & wages; payroll taxes & deductions

Current Situation Regarding F & A Systems:
San Jose has a license for a fully integrated Windows based ERP manufacturing, distribution and financial management software application specifically designed for plastics processors and process and assembly manufacturers. The license does not include application source code. Michigan had purchased a vendor developed software application and the attendant source code for their Fd & A and process application. The vendor is no longer in business. The application runs on a pair of DEC Alpha's, using the VMS operating system, VAX4000 work stations and programmed in C. Georgia had purchased a vendor (different from Michigan) developed software application and the attendant source code for their F & A and manufacturing process applications. The systems run on a pair of AS400's, using UNIX operating system, use PC's (Windows) as workstations, and is...
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