course accounting and finance

subject computerized accounting system

QUESTION1 Case Study RayBake Cakchouse operates a business of homemade cakes. The cakes are sold duectly to customers for parties or pitts) and supplied in bulk to local shops Currently, an online catalogue of cake recipes, prices, designs are made available Orders are placed via telephone call or email A sales system starts when customers place the order by telephone or email. The orders are transferred to a multipart part) order form One copy of the order is passed to the kitchen The customer orders are placed in sequencing by reference to the date to be delivered and the kitchen prepares a job list to make the cakes. When the cakes are completed they are passed for packing A delivery note is prepared and one part is attached to a second copy of the order. The other part of the delivery note is sent with the cakes to the customer. The final copy of the order is filed in customer order At the end of each month, these are used to prepare invoices for customers Page 1 When payment is received, this is recorded in the customer accounts and a receiptis sent to the customer RaviBake Cakchouse has lost a significant amount of money owing to poor payment by several customers and wants to improve its cash flow. ii. Discuss the extent to which an "off the shelf computerized accounting system will assist RaviCakehouse in managing the ordering of goods and raising invoices (10 marks)