Question
The following is a table detailing the necessary core functionality elements and the relevant factors for an Accounting Information System for Ravi. Core Functionality Relevant
The following is a table detailing the necessary core functionality elements and the relevant factors for an Accounting Information System for Ravi.
Core Functionality
| Relevant Factors
|
Maintain client contact information
| Must contain controls
|
Maintain information on customers vehicles and vehicle history
| Must be a self-monitoring system
|
Record sales transactions as well as produce invoices and receipts for those transactions
| Must have troubleshooting capabilities and fix bugs, errors and glitches.
|
Record subcontracted activities.
| Must have measures to prevent the sharing of sensitive and private customer information
|
Produce reports for revenue, expenditure for business and taxation purposes
| Must have automatic updates and notifications for implementation
|
Maintain records for current and non-current assets and liabilities
| Must have a thorough and detailed manual so that the software can be easily understood and implemented
|
Produce reports on customer listings, customer details, vendor and supplier listings
| Computer hardware must be up to date to be able to install the required software.
|
Export data electronically
| Must be easy to use on a Tablet
|
Allow for printing of information when necessary
|
|
Using the information above, create an evaluation matrix where weighting is applied to each requirement to evaluate the best option of a list of accounting software, namely- QuickBooks, Zoho Books, DEAR Systems, Deltek Vision, SlickPie and MechBooks. Use it to evaluate and rank which accounting software is the most viable options for these requirements.
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