Your understanding of how an accounting system integrates into an ERP

Your understanding of the level of detail required in documents that record business processes into the Accounting System in an ERP environment.

Your ability to prepare the proper report to management.

(10marks for each component)

As mentioned above, the assessment should be presented as a report to senior management.

A key aspect in your choice of format/layout should be to ensure you impart your key messages effectively (i.e., complete the requirements) and efficiently (i.e., it should be succinct and take into account the word limit).

Make sure all pages are numbered, and the text fits within the margins of your pages. Make sure to include the relevant heading.

Required:

You are approached by Mr Smith who runs a medium sized business, that due to Covit 19 restrictions has Restructured. The company used toproduce one item and despatch of this item by delivery services to one major customer, who acted as a retailer. This customer has 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 Smith 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 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 a report for Mr Smith 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 Smith's organizational setting, and

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