Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(a) The MYOB package provides a B/AR/CR system module. In the table below, the reports available in the B/AR/CR module are named together with a

(a) The MYOB package provides a B/AR/CR system module. In the table below, the reports available in the B/AR/CR module are named together with a brief description of information provided in each report. For each report, you should specify whether the report is providing information on Components, Types, Subsystems, and/or the System. Furthermore, for Components and Types, specify whether the information relates to Resources, Events, External Agents, Internal Agents, and/or Locations. For Subsystems, indicate to which subsystem of the B/AR/CR system the information in the report relates. (15 marks)

(b) In relation to your answer to part (a) of this question, briefly evaluate the B/AR/CR module provided by MYOB.

image text in transcribed
Aged Receivables For each selected customer, displays a single line with the customer's [Summary] current balance followed by an aging of that balance. Aged Receivables For each selected customer, displays the customer's current balance [Detail] followed by a listing of their open invoices with the amount due in the appropriate aging column. Customer Payment Lists closed (fully paid) invoices sorted by customer. History Customer Payments Provides a listing of cash payments made on invoices within a selected [Salesperson] date range, sorted and totalled by selected salesperson. Receivables List of receivables as of a selected date presented in summary (one line Reconciliation per customer) format. [Summary] Page 8 of 15 ester One Final Examinations, 2019 BISMTZOQ Accounting Information Systerr Receivables List of receivables as of a selected date presented in detail (one line per Reconciliation [Detail] invoice] format. Invoice Inquiry Displays all the transaction pieces that affect the current balance of the invoice (original sale, sales tax, customer payments, discounts or customer deposits). This report allows wildcarding. To Do List Displays the list of open receivables from the To Do List window. [Receivables] Sales and Receivables Displays the transactions assigned to the Sales and Receivables journal Journal within the date range

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Information for Decisions

Authors: John J. Wild

9th edition

1259917045, 978-1259917042

More Books

Students also viewed these Accounting questions

Question

differentiate the function ( x + 1 ) / ( x ^ 3 + x - 6 )

Answered: 1 week ago