Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are an IT consultant. You are approached by Mr Singh who is Chairman of the Board of a large sized business, that due to

You are an IT consultant. You are approached by Mr Singh who is Chairman of the Board of a large sized business, that due to Covit 19 restrictions has restructured. The company produces a basic model tractor, assembled from 234 separate components. These were despatched by various means to 27 dealers scattered in country locations, who would service the tractors and act as a retailer. These dealers have had to close during Covit lockdown and the business now sells direct to retail customers and has taken up delivery to the customers using their own trucks. In the past Mr Singh has used a basic accounting package, which was adequate for the company's needs, but now with orders coming off the company website, and being manually processed and despatched he is concerned that the current accounting package is not suitable. He has heard of the term ERP and wonders what it means and if it would be of use to his organisation.

You are to prepare report for Mr Singh to present to his board that will:

(a) critically explain how to structure the components of an ERP system and in particular the components of an Accounting Information System to maximise the benefit of their use in Mr Singh's organizational setting, and

b. Critically explain and evaluate the business process documents that Mr Singh would require his ERP system to produce.

Your understanding of how an accounting system integrates into an ERP (10 marks)

Your understanding of the level of detail required in documents that record business processes into the Accounting System in an ERP environment (10 marks)

Your ability to prepare proper report to management (10 marks).

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

Managerial Accounting Creating Value in a Dynamic Business Environment

Authors: Ronald Hilton, David Platt

12th edition

1259969517, 1260566390, 978-1260417043

More Books

Students also viewed these Accounting questions

Question

4. What is the goal of the others in the network?

Answered: 1 week ago

Question

2. What we can learn from the past

Answered: 1 week ago