ABSTRACT: The development of accounting systems and the computerization of these systems in a small scale business environment is the main theme of this study. The researcher examined the issues involved by understanding the computerized accounting system of model computers company, Warri.Based on the analysis of data for this study it was discovered that an effective and efficient operating environment is function of a good accounting system other things being equal. Similarity it was discovered that the introduction of computer and the development of accounting packages have revolutionized the accounting system of small scale business organisation.Therefore the general conclusion drawn from this study is that a computerize accounting system is a basic paradigm for small scale business organisations.
LIST OF FIGURES
Fig. 4 – 1 Mcc organisation chart
Fig 5 – 1 Daceasy system interface
Fig 5 – 2 Customer module
Fig 5 – 3 Uendor module
Fig 5 – 4 Product module
Fig 5 – 5 General ledger module
Fig 5 – 7 Fixed asset module
Fig 5 – 8 Purchase order module
Fig 5 – 9 Invoicing module
Fig 5 – 10 Financial module
Fig 5 – 11 Default layout of accounts
Fig 5 – 12 Chart of account
Fig 5 – 13 Model chart of accounts
Fig 5 – 14 Fixed assets list
Fig 5 – 15 Current trail balance
Fig 5 – 16 Current profit and loss financial report
Fig 5 – 17 Period balance sheet
TABLE OF CONTENT
CHAPTER ONE
General Introduction 1
1.1Background of the study 1
1.2Statement of the problem 3
1.3Objectives of the study 4
1.4Significance of the study 5
1.5The scope of the study 6
1.6Research limitations 6
1.7Definition of terms 7
CHAPTER TWO
Review of related literature 10
2.1Introduction 10
2.2Accounting information system 13
2.3Computer technology and accounting 19
2.4Computer application for small business 27
Note 31
CHAPTER THREE
Research methodology 34
3.1Nature of the study 34
3.2Sources of data 34
3.3Method of data presentation 35
CHAPTER FOUR
Model – A company presentation 37
4.1Historical background 37
4.2Organizational structures 38
4.3The accounting system of model computers company 42
CHAPTER FIVE
Dave presentation 44
5.1Basic issues 44
5.2Daceasy accounting package 52
5.3Computerization at MCC 54
5.4Daceasy and basic accounting operations 54
CHAPTER SIX
Findings, summary and conclusion and recommendations
6.1Findings 96
6.2Summary and conclusion 102
6.3Recommendations 103
BIBLIOGRAPHY 108
CHAPTER ONE
GENERAL INTRODUCTION
1.1BACKGROUND OF THE STUDY
An accounting system has been described as an integrated frame work within on entity (such as business firm) that employs physical resource (ie material, supplies, personnel, equipment, funds) to transform economical data into financial information for (a) conducting the firms operation and activities and (b) providing information concerning the entity to a variety of interested users.
An accounting system has all the elements or characteristics of a system such as inputs, processes, outputs, controls and feedback. Davis of al write that “system is the anatomy of accounting.” It domain comprises the entire financial dimensions of business operations, including the flow of financial intelligence throughout the organisation and beyond.
The objective of accounting system is to provide an integrated and accumulated in
1 - 5 of 96 Reviews |