Question
CASE STUDY Gordon Ltd has installed a new payroll module to its existing accounting system which integrates with the general ledger application. The new payroll
CASE STUDY Gordon Ltd has installed a new payroll module to its existing accounting system which integrates with the general ledger application. The new payroll application was purchased from the software company that supplied the general ledger application. The new system is more complex than the old system, but its reporting function provides more details. For example, the new application calculates: leave, superannuation, payroll tax and work cover expenses, as well as the corresponding accounting accruals. There was very little time available to implement the new system, so the old application ceased operation on 30 June 2019 and the new application went live on 1 July 2019. There was no time to run the two systems in parallel as well as limited staff training and testing of the new application.
Required
What concerns would you have about the payroll application's integration with the general ledger application?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started