Panoramic Views Pty Ltd is a hot air ballooning company whose customers include the general public, as well as Australian and overseas travel agents selling packaged tours Over the course of 2017 the management of Panoramic Views recognised that it needed to allow customers to make bookings online, if it wanted to remain competitive Given the need for an interface between the web based booking system and the general ledger, Panoramic Views upgraded the existing accounting software and acquired additional hardware to cope with additional speed of processing and the increase in required storage space During the year ended 30 June 2018 Panoramic Views upgraded its entire general ledger system to include an integrated purchasing module and an accounts payable