ABSTRACT
This project work would
mainly focus on the account receivable system, which is an important aspect of
accounting system of an organization.
It is the manual
accounts receivable system of the organization in question that would be used
as a bedrock to computerize the account receivable system and various
transaction that are involved n accounting.
The basic interest of this work is to illustrate what accounts receivable is
all about and how its various transaction problem could be manipulated and
solved using the computer. This illustration would involved the staffs easy
understanding of the computer program documentation as well as using them to
effect account receivable problem variations.
A basic program is being written and run to explain how the account receivable
transactions are being carried out.
This project involves some interactive means of recording, progressing,
accessing and retrieval of accounts receivable information in an organization.
TABLE OF CONTENTS
Title page
Abstract
Table of contents
CHAPTER ONE
INTRODUCTION
1.1 Background
of the study
1.2 Statement
of the study
1.3 Objective/purpose
of the study
1.4 Significance
of the study
1.5 Scope
of the study
1.6 Limitation
of the study
1.7 Definition
of terms
CHAPTER TWO
Literature review
2.1 Introduction
2.2 Account
receivable policies
CHAPTER THREE
Description and analysis
of and existing system
3.1 Fact
finding method used
3.2 Organization
structure
3.3 Objective
of the existing system
3.4 Input,
process, output analysis
3.5 Information
flow diagram
3.6 Problem
of the existing system
3.7 Justification
for the new system
CHAPTER FOUR
Design of the system
4.1 Output
specification and design
4.2 Input
specification and design
4.3 File
design
4.4 Procedure
chart
4.5 System
flow chart
4.6 System
requirement
CHAPTER FIVE
System implementation
5.1 Program
design
Program flowchart
Psuodocode
5.2 Sources
program
5.3 Test
run
CHAPTER SIX
Documentation
6.1 User’s
guide
6.2 Main
menu
6.3 Viewing
the test result
6.4 Quitting
the system
CHAPTER SEVEN
Recommendation and
conclusion
7.1 Summary
and conclusion
7.2 Recommendation
Bibliography
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND
OF THE STUDY
Account receivable is a
broad aspect in the banking or business sectors and it is mostly concerned with
timing and measurement. Account receivable implies the issue of timing and
measurement. In most receivable transaction, the account to be recognized is the
exchange price between the two panties that is the purchaser and the collector;
the exchange price therefore, is the amount for the debtor (a customer or a
borrower) and is generally evidenced by some type of business document after an
invoice. There are two factors that may complicate the measurement of the
prices; these includes:
1. The
length of time between the sale and due date of payment.
2.
Availability of discount.
This project work will
focus mainly because of receivable, the different problems facing account
receivable and how such problems can be saved. Emphasis will be equipped much
on how these account receivable could be computerized because the computer is
expected to show the level of importance. Account receivable is important
aspect of accounting. It deals with the credit aspect in banking requires that
we are acquitted or declared with verse knowledge of the computer before
applying it as a device to manage and control the account receivable of a
company like Anammco Ltd, Emene, Enugu. The various transactions about
receivable could be clearly shown using the computer while the computer owns
accruable business transaction and the nature of the profits made by the
company or firm. The different percentage that shows either to be reduces or
increase by the company could be worked out suing the company to shows for it.
Mostly computer has helped immensely in industries or factories as well as
bank.
Accountants make it
easier to work with computer for customers who come to pay- in for goods
brought, expresses their every day interest on the way computers records their
affairs for future use.
The computer has helped
in no small measure and want to make use of the system; the main point would
mainly be on account receivable. The different way in which account receivable
is being received for the purchase of goods and services with money being used
for the transaction of business which is gotten in return will be debit within
this text of the account receivable system.
1.2
STATEMENT OF THE PROBLEM
This project is studied
to solve some specific problems that the account and the customers are
confronting daily. It could take the form specified below:
1. It could
be how to computer the total money or receivable forms from the customers at
the end of the week, month or year at the basis, which the organization want to
be.
2. To design
a computer model that will be able to update, retrieve, input and delete some
specified data on specified customers at any given time and to required by the
company about the customer.
3. To design
an effective system to undertake the transaction of the accounting activities
more effectively and efficiently.
1.3 PURPOSE /OBJECTIVE OF THE
STUDY
The purpose of
this project is to design and implementation of a computerized system, which
would stand as a model to study and to provide a room for the manual account
receivable system of Anammco Ltd,Emene Enugu and implement it to suit the
formal system as well as the new computerized system. If the manual system is
computerized, then the activity in the company cacludes the following:
1. Easy
accessibility and manipulation
2. Easy
input, retrieval, deletion and storage.
3. Ability
to update the system.
Account receivable also is being studied to
apply the new computer programs into accounting business. Receivable are
written promises of the markers to a certain sum amount of money on a specified
future date and many ways crises from sales. Account receivable is also called
trade account, which is one of the accounting systems existing under account.
This deals with the transaction that involved customers buying goods and
services to be paid at a fixed date. This study enables us to know the
different sub-leads under account receivable system.
1.4
SIGNIFICANCE OF THE STUDY
There are many significance to be treated in
this project work but the few below would be list as most important.
1. To notify the message, the need and the
importance of computer, which would be done by educating them on how to use the
computer, to solve specific problem.
2. To bring to the awareness of the
people, the need of using computer in solving problems. also by educating and
illustrating to them on how the computer could be used to do job which five or
more able man may not accomplish in two weeks, just in some hoarse. This in
turn would help enhance productivity.
3. To bring help accurate, effective and
efficient through put in the organization.
1.5 SCOPE
OF THE STUDY
The following question
are necessary before we continue: what is account receivable all about?
And how is it used in
computerization? From the text” account principle” by Hermason Edward Samuelson
“ Is the amount of money paid to a firm, company or business transaction center
to enable them carryout their business operation on transaction”.
This money is paid on
the basis, which the customer purchases goods. Before this method of collection
of money was done manually by hand through the account of the business
organization, But due to the advent of the new technology introducing the
discovery of computers, computers has come to the aid of man by helping to
undertake most of the activities performed by men in the office or
establishment. Computer now helps the accountant to computerized their
accounting system, which could be account receivable, account payable loan etc.
This has made it
easier for the accountant to update customers account ledger, retrieve
information, delete information and furnish customer with receiving information
concerning their system, types of payment, accepted by the organization and
also the system of the delivery of good to their customers considering the
computer taking over his department, all the necessary information concerning a
specific customer will now be timely concise and courtesy about all the
customer that undertake the buying of the company, goods and also which the
company is concerned or about their receivable from the customer.
Department | Computer Science |
Project ID Code | CMS0117 |
Chapters | 7 Chapters |
No of Pages | 68 pages |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
|
|
Contact Us On | +2347043069458 |