Designing a Computer Based System for an Accountant
Ashok Lakhani and Sarjit Desai run a business consultancy firm. They
do simple accounts like payroll, tax, national insurance, VAT returns
and Tax rebates. They use a manual paper based system to keep records
of their accounts. They use a pen, paper and calculator to analyse
their accounts. I recommend that they use a few stand-alone computers
to make their accounting easier and quicker.
(b) Types of processing activity
o Calculatingcould be done in Microsoft Excel, which is spreadsheet
software where a formula can be used.
o Storingcould be done in a floppy disk or a CD for larger capacity
documents.
o Searchingwill be needed to search their files.
o Sortingcould be done in alphabetical order to make it easier to
search for files and documents.
o Word Processingcould be used to type up documents.
§ Input Requirements
The following should be included in the cash flow: -
Wages~this is a payment made to the employees for their work done for
the company. Lakhani and Desai pay £2500 in total per month.
Business rates~this is payment from the company as a fee or tax
payment. Lakhani and Desai pay £400 in June and £400 in September.
Advertisement~this is a form of publicity to let the public know about
the firm. Lakhani and Desai spend £2000 on their advertisement.
Opening Bank Balance~this is the amount of money that the company had
to start off with from the beginning. Lakhani and Desai
* Process
By using formulas it is easier to calculate the final value without
typing everything out again. The following formulas may be needed in
the cash flow.
Þ To calculate supplies ~ =B4/2
Þ To calculate total payments ~ =SUM (B5:B11)
Þ To calculate the net cash flow ~ =B4-B12
Þ To calculate the closing bank balance ~ =B3+B13
Conditional Formula
This is the formula you use to let you know whether you have gained a
profit or not after doing the 'what if' queries.
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is as far as the use of ICT goes. The order forms are printed of
is not very helpful as it not easy to use and take time to understand.
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