KWAME NKRUMAH UNIVERSITY OF SCIENCE AND TECHNOLOGY KNUST SCHOOL OF BUSINESS ACCOUNTING INFORMATION SYSTEMS Topic: Changing An Accounting Software Package AGGREY AFUA NKUMAH ALLOTEY LILIAN ADORKOR AMOAKO JULIET DOGBEY FELIX MAKAFUI NKRUMAH FLORENCE QUARSHIE GEORGE November‚ 2009 Possible ways of replacing the existing accounting package Accounting software is designed in such a way that you can easily take care of your business expenditures‚ profit‚ employee and pay rolls along with
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Different Types of Application Software Word Processing Software: This software enables users to create and edit documents. The most popular examples of this type of software are MS-Word‚ WordPad and Notepad among other text editors. Database Software: Database is a structured collection of data. A computer database relies on database software to organize data and enable database users to perform database operations. Database software allows users to store and retrieve data from databases.
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The Accounting Software Installation Project (from Larson‚ E.E.‚ and Gray‚ C.F.‚ 2011 Project Management – the managerial process‚ fifth edition p441) Sitting in her office‚ Karin Chung is reviewing the past four months of the large corporate accounting software installation project she has been managing. Everything seemed so well planned before the project started. Each company division had a task force that provided input into the proposed installation along with potential problems. All the different
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is going to be adding new accounting software this year and we are putting you in charge of doing all the research in finding the proper one for our company. We need you to consider all the factors of our company to make sure you are getting the correct package that best fits our business. Some of the most important factors you will be considering when researching are as followed: Come up with a group of people that you will be overseeing that can make sure the software is installed and running
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Individual Due: 5pm‚ Friday‚ Week 5 Today‚ Accounting and Reporting are considered as the major functions of core Finance that play an important role inside the organization. This is further‚ subdivided into functions like Receivables and Payables Management. In order to speed up these processes and functions‚ one needs entrenched interior controls and computerized processes that can help in speeding and thereby finishing up the unresolved accounting tasks. Also‚ this will help achieve the goal
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Types of costs Classification of costs: • Materials – costs of raw materials‚ components and other goods used. • Labor – cost of employees wages and salaries. • Expenses – costs which cannot be included in materials and labor. Variable costs – these costs varies directly with changes in the level of quantity‚ over a defined period of time. Fixed costs – are not affected by the changes in the level of activity‚ over a defined period of time. Semi variable costs – for
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The decision to change your accounting software is not one to be taken lightly. The initial recognition that there is a need for change‚ including a full review of the current system‚ can itself be a long process. Then there is the task of selecting the right package for your business from the vast array on offer - making the wrong decision can have detrimental effects on your business. This briefing is designed to give you some helpful advice on what you should be looking out for throughout
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UGANDA’S TAX SYSTEM. INTRODUCTION Taxation refers to a system used by the government through levying assessment to obtain money from people‚ industries and organizations. It is not relatively permanent but also compulsory and does not guarantee a direct relationship between the amount contributed by a citizen and the extent of the government services provided to him or her. Taxation is the only practical means of raising the revenue used to finance government spending on the goods and services
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SAAD ALKANHAL How Particular Software Products Improve Accounting The term bookkeeping is most likely to justify how accounting practice has been changing over the last few decades. However‚ the global information revolution has a significant impact on all fields of business such as economic‚ finance and marketing. Thus accounting is not isolated from technology. In order to be well equipped for work environment‚ accounting students are being taught more computer skills in their courses (Harris
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Sage Tutorial Release 5.3 The Sage Development Team September 10‚ 2012 CONTENTS 1 Introduction 1.1 Installation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.2 Ways to Use Sage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.3 Longterm Goals for Sage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 4 4 4 7 7 9 10 13 18 21 24 26 29 33 38 39 41 51 51
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