...Departments In A Bank As soon as it becomes necessary, on account of volume of business, to divide the work in a bank into divisions, each employing a group of clerks, such division is organized into a department having a department head who is usually a teller, a head bookkeeper, or perhaps a junior officer. In the very large banks the executive staff is itself organized into groups, and there may be a vice - president and one or two assistant cashiers in charge of each important department. The work of a department in a large bank is nothing more nor less than the work of a single man in a small bank, apportioned among several men. For example, the receiving teller in a five-man bank will take the deposit, count the cash, examine the checks, assort them as to place payable, enter them upon the proper records and make a settlement or proof at the end of the day. In a large bank each of these operations is performed by a different man or group of clerks under the direction of the receiving teller, who is head of the department. It may be that he himself will do very little if any of the detail work. He becomes the manager. Frequently we find a department within a department, as for example, the money department within the paying teller's department. The ordinary departments, classified as to group, may be described as follows: Paying Teller's Department (Teller): Pays or certifies checks. In charge of the signature book or cards bearing the authorized signatures of all depositors...
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...Transaction 12 Screen Shots of the Software. 14 Create company 15 Purchase 16 Sale 17 Counter sale 18 Damage stock 19 Privilege settings 20 Profit and loss analysis 21 Balance Sheet 22 Product availability search 22 8.1: User Manual 23 8.2: Online help. 23 8.3. Installation Guides, Configuration, and Read Me Files 23 1.Introduction Medical Store management software is general software developed for medical store. This software Help them to do billing and stock maintain ace. It also provides them with the facility of keeping a track of customer and of the stock , keeping the records of the companies and the stock available, the expiry of the medicines and the no of workers working in the medical store. This system help the owner of the medical store to manage various aspects about the store together , paper work is reduced , inventory details of all medicines are store to reduced keeping check on a day to day basis. 1.1 Purpose The purpose of this software is to specify requirements and to give guidelines for the development of above side project. In particular it gives guidelines on how to prepare the above said project. This document is intended to be a practical guide for people who are developing the software. More over it provides the guidelines to how to use the system and what are its functionalities and behaviors. What are its key features and what are the most helpful benefits of the software. 1.2 Product Overview....
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...| The Case of the Unidentified Industries-2006 | | In this case, a summary sheet which contains 14 sets of financial data from 14 different industries is provided. The task is to match 14 different firms with 14 industries by distinguishing the differences (e.g. sources of financing, profitability, the inventory turnover and the accounts receivable collection period) in the financial structures. 1. Advertising agency: the matching industry is E. As a service firm, it does not contain inventory, so first of all, it can be narrowed down to E, G, M, and N. And generally B to B firms provide credit terms to their customers which result in receivables collection periods(RCP) is larger than 30 days, therefore it can be further narrow to E,G,N. Furthermore, based on the given hint, the media purchase is made on behalf of the client, which means the account receivable and account payable should be roughly equal, since the agency does not pay for the media services until their client pays. 2. Airline: the matching industry is M. Similar to Ad agency, it is a service firm, so its inventory is zero as well (G, M, N), and moreover, it is also a Business to Customer firm, its RCP is relative short(less than 30 days), so only M (RCP=12) is left which matches the description. 3. Bookstore chain: the matching industry is B. Retail firms like bookstore chain are likely to have shorter RCP (less than 30 days), which means only A, B, H, I, K and M match this description...
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...compliance with covenants of the client’s letter of credit agreement. | Business and Industry Conditions | To describe the nature of KCN’s business and industry. | KCN sells and services microcomputers, networking hardware and software to business customers. KCN is exposed to external shocks and competitive forces in its industry. To effectively compete and succeed, KCN must have qualified personnel. Management must increase its activities by 3% annually for next 3 years to achieve its goals. | Planning Meetings | To indicate meetings held with client and Audit Team | So far 2 meetings: 1) meeting with client and 1) Audit team | Ownership and Management | To determine the owners and management of the company | Private owners: John, Terry, and Mark Keystone; Keith and Rita Young.Terry and Mark Keystone are a part of the board of directors. | Objectives, Strategies and Business Risks | To describe KCN’s business objectives, major strategies and the risks related to achieving its objectives | Major Objective: Increase revenues by 6% & Net income by 8% annually for next 3 years.Major Strategies: New software development, aggressive advertising, and sales to high risk customersMajor Risk: inability to compete for qualified employees to produce software products; ineffective advertising;disproportionate increase in uncollectable receivables due to target market with higher risk | Measurement and Review of Financial Performance | To understand methods used by management to...
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...Controls for Inflows Controls for Inflows Internal controls are a vital component in the business process and can serve to deter and minimize risks associated with day-to-day business. Internal controls are designed to safeguard a company’s assets by preventing theft, fraud, and waste of company resources. They are also implemented to ensure compliance with internal and other regulations. Sarbanes-Oxley Act of 2002 (2003) requires information from management and the auditors regarding the effectiveness and efficiency of a company’s internal controls. Effective internal controls will ensure reliability of financial reports. This proposal includes internal controls each company should implement for cash, sales, accounts receivable, inventory, and production. Cash A company must have strong effective internal control to protect against its cash resource. “Cash is highly liquid (easily converted into cash!), not easily identifiable as company property, and highly portable. For these reasons, cash is the favorite target of employee thieves, although theft of inventory is a close second” (Louwers, Ramsay, Sinason, & Strawser, 2007, p, 211). A company should have written processing procedures for cash known by those involved with cash. Additionally cash (includes money orders and checks) should always be stored in a locked and secured area. One main internal control for protection of cash is segregation of duties. Collection, accounting, and reconciliation of cash...
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...Abstract This century is the century of technology and software. Different types of software has made our works easier and more convenient. Accountants have to maintain different types of accocunts on different issues of companies or organizations. It’s a very critical and hardworking job to maintain the whole accounts manually. The invention of ‘Tally’ software has made it convenient for us to maintain accounts more effectively, efficiently and accurately. Here I’ve tried to show you and want to give you a short overview on how ‘Tally’ works for creating and maintaining different types of accounts and how efficiently it can work. Introduction Taking care of all the materials moving in and out for Job Work requires a proper tracking system and the ability to provide instant reports. If this process is done manually, it might be complicated, error-prone and time-consuming. Tally software provides a powerful ‘Job Work In’ feature that simplifies handling of the Job Work process so that users can easily track all Job work transactions and generate reports instantly with all the applicable statutory requirements. Overall, it enables users to get better management and control over Job Work. Steps in Tally ERP. 9 Job work in order Recording raw materials received in material in voucher Recording manufacturing journal for finished goods ...
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...INFS7004 Accounting Information Systems Lecture 4 Transaction Cycles: The Revenue Cycle 1 The Conceptual System The Revenue Cycle The revenue cycle is the set of activities in a business which brings about the exchange of goods or services with customers for cash. Most business transactions are conducted on a credit basis. Cash is received after goods are shipped to the customer. 2 Sales Order 1 Credit / Customer Service 2 REVENUE CYCLE (SUBSYSTEM) Cash Receipts/ Collections 6 Shipping 3 Billing/ Accounts Receivable 4/5 Journal Vouchers/Entries: How do we get them? Billing Dept. prepares a journal voucher: Accounts Receivable Sales DR CR Inventory Control Dept. prepares a journal voucher: Cost of Goods Sold Inventory DR CR Cash Receipts Dept. prepares a journal voucher: Cash Accounts Receivable DR CR 4 Sales Order Procedures Sales order procedures include the task involved in receiving and processing a customer order, filling the order and shipping products to the customer at the proper time, and correctly accounting for transaction. 5 Receive Order At this point, sale process begins indicating the type and quantity of merchandise desired by customer. It may or may not be a physical document Orders may arrive by mail, by telephone, or from a field representative who visited the customer After creating the sales order, a copy of it is placed in the customer open order file. 6 Check Credit For...
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...• System Integrity/Validation and Final Project Summary o Project Summary o Over the past six weeks, our firm has analyzed the accounting information systems of Kudler Fine Foods. We have discussed their current computer system and evaluated the possibility of threats to it and recommend integrated software solutions. The T3 line at Kudler is clearly more data transmission than is necessary for the company, so it was recommended they switch to T1 dedicated line to reduce costs. Due to the importance of inventory control, we showed management how to take their current inventory data tables and construct pivot tables to improve decision making on inventory. Internal controls were reviewed on payroll, accounts payable, accounts receivable, and inventory processes to ensure the accuracy and validity of data. The review determined that if Kudler does not implement the recommended internal controls system suggested, the business could be under serious threats. Information Technology (IT) auditing is another important improvement that Kudlers should make since our analysis showed that there are risks and vulnerabilities in the AIS process. Our final recommendation will be in the way that the audit process is improved by using computer assisted auditing techniques. This will complete the firm’s analysis and recommendations for Kudler Fine Foods. o Our firm last week analyzed and recommended different types of Information Technology (IT) audits that Kudler Fine...
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...Finance & Accounts Department Accounts department plays the most impartment role in a brokerage house. This department settles all financial transactions with the Stock Exchanges clearing departments. This department must be function under the rules & regulations of Bangladesh Securities and Exchange Commission (BSEC) and Stock Exchanges. Several tasks of accounts department has stated here. Reconciliation of customers’ trade • Receive account opening fees by cash or cheque. • Receive client cheque against share transactions (As initial deposit). • Client cheque deposit in the customers’ clearing bank account. • Give the consent to the trading department for execution of customer trade after getting the confirmation from the bank deposited; if cheque is honor in the bank account. • Client trade are reconcile after execution of trade. Customer’s clearing account fund management • Every business day customer clearing bank account balance will be checked with the bank statement through online • Check & verify the clients available balance for a new trading day • Daily fund management report forward to the management by 10.00 am Fund Settlement with the Stock Exchanges • Collect the report from Stock Exchanges • Reconcile clients transactions with the DSE report • Check and reconcile customer clearing bank account balance...
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...AccountRight software. You can use this tutorial with the current versions of MYOB AccountRight Plus, MYOB AccountRight Premier and MYOB AccountRight Enterprise; these products will be referred to as AccountRight software throughout this tutorial. Viewing this tutorial You can view this tutorial on screen or you can print it. If you are viewing it on screen and the screenshots are too small for you to see the details, you can zoom in using the zoom function ( ) on the Acrobat toolbar. Working through this tutorial The first part of this tutorial provides an overview of how to set up your AccountRight software and how to navigate through it. The rest of the tutorial is made up of modules that teach you how to do specific tasks. You can do the modules in order or you can skip to the module you want. However, complete the exercises within each module in the order in which they are presented, as they may build on previous exercises. You can stop the tutorial at any time and return to it later. This tutorial has the following modules: ’Banking’ on page 9 ’Purchases’ on page 16 ’Sales’ on page 21 ’Jobs’ on page 30 ’Forms’ on page 34 ’Reports’ on page 40 ’Payroll’ on page 43. 1 Your AccountRight company file The information you enter in your AccountRight software is stored in a file called a company file. Your company file contains all the transactions, records and accounts data you enter into your software. Other information used by your AccountRight software, such...
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...accounting software and inexpensive computers, it is no longer practical for most businesses to manually enter transactions into journals and then to post to the general ledger accounts and subsidiary ledger accounts. Today, software such as QuickBooks* will update the relevant accounts and provide more information with a minimum of data entry. *QuickBooks is a registered trademark of Intuit Inc. AccountingCoach LLC is not affiliated with Intuit Inc. and does not receive any affiliate marketing commissions from Intuit. In this section we will highlight how the accounting software will capture financial transactions and then automatically update the general ledger and store the information for management's future use. Accounts payable When accounting software is used to enter the invoices received from suppliers (vendor invoices), the software will update Accounts Payable and will require that the account or accounts that should be debited be entered as well. The accounting software's vendor files also allow a company to prepare purchase orders, receiving tickets and to pay the vendors' invoices. A company should have internal controls so that only legitimate invoices are recorded and paid. Check writing When the accounting software is used to write checks, the software will automatically credit the Cash account and will require that another account be designated for the debit. An additional benefit is that the amounts will move electronically and the account balances will...
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...Análisis y predicción de costos. Análisis Financiero. Predicción macroeconómica. Simulación. Análisis científico de los datos y evaluación. E-views es una nueva versión del conjunto de herramientas para manipular series de tiempo originalmente desarrolladas en el software Time Series Processor para grandes computadoras. El predecesor inmediato de E-views fue el MicroTSP, lanzado por primera vez en 1981. Aunque Eviews fue desarrollado por economistas y la mayoría de sus usos están en la economía, no hay nada que haga limitar su utilidad a las series de tiempo económicas. Inclusive considerables proyectos de corte transversal pueden llevarse a cabo en E-views. El objeto básico dentro de E-views es la serie de tiempo. Cada serie posee un nombre, y usted puede realizar cualquier tipo de operación sobre todas las observaciones simplemente mencionando el nombre de la serie. E-views provee convenientes formas de visualización para ingresar las series desde el teclado o desde un archivo, para crear una serie a partir de otra ya existente, para mostrar o imprimir la serie, y para llevar a cabo análisis estadísticos sobre las relaciones entre las series. E-views utiliza la forma de visualización moderna del software Windows. Usted puede usar su mouse para guiar las operaciones a través de...
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...Portafolio de Servicios FORMACIÓN FORMACIÓN TITULADA: TECNOLOGÍAS * ADMINISTRACIÓN BANCARIA Y DE INSTITUCIONES FINANCIERAS * ADMINISTRACIÓN DE REDES DE COMPUTADORES * ADMINISTRACIÓN DEL ENSAMBLE Y MANTENIMIENTO DE COMPUTADORES Y REDES * ADMINISTRACIÓN EMPRESARIAL * ADMINISTRACIÓN HOTELERA * ANÁLISIS Y DESARROLLO DE SISTEMAS DE INFORMACIÓN * ANIMACIÓN 3D * ANIMACIÓN DIGITAL * CÁMARA Y FOTOGRAFÍA PARA CINE * COCINA * COORDINACIÓN DEL PROCESO PARA DISEÑO DE MEDIOS IMPRESOS * DESARROLLO DE VIDEOJUEGOS * DISEÑO PARA LA COMUNICACIÓN GRÁFICA * ESCRITURA PARA PRODUCTOS AUDIOVISUALES * FORMULACIÓN DE PROYECTOS * GASTRONOMÍA * GESTIÓN ADMINISTRATIVA * GESTIÓN BANCARIA Y DE ENTIDADES FINANCIERAS * SONIDO DIRECTO PARA PRODUCCIÓN DE MEDIOS AUDIOVISUALES * GESTIÓN DE SERVICIOS RECREATIVOS * GESTIÓN DEL TALENTO HUMANO * GESTIÓN EMPRESARIAL * GESTIÓN HOTELERA * GESTIÓN INTEGRAL DEL RIESGO EN SEGUROS * GESTIÓN INTEGRAL EN FONDOS DE PENSIONES Y CESANTIAS * GESTIÓN LOGÍSTICA * GRABACIÓN, EDICIÓN Y MEZCLA DE VOCES Y DOBLAJES PARA MEDIOS AUDIOVISUALES * GUIANZA TURÍSTICA * ILUMINACIÓN Y RENDER PARA ARTE 3D * ILUSTRACIÓN PARA PRODUCCIONES AUDIOVISUALES * LOGÍSTICA DEL TRANSPORTE * MODELADO Y TEXTURIZADO PARA ARTE 3D * ORGANIZACIÓN DE EVENTOS * PROCESOS RECREATIVOS Y TURÍSTICOS * PRODUCCIÓN DE CAMPO...
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...UNIVERSIDAD DE GUADALAJA CENTRO UNIVERSITARIO DE CIENCIAS EXACTAS E INGENIERÍAS DIVISIÓN DE ELECTRONICA Y COMPUTACIÓN SISTEMAS OPERATIVOS AVANZADOS PROYECTO FINAL 2012-A JIMÉNEZ BENÍTEZ OMAR ALEJANDRO CÓDIGO.- 208435758 ING. LUIS HEBERTO GUTIÉRREZ AVILÉS Introducción Chorus es un sistema operativo para aplicaciones embebidas o de tiempo real. Sun MicroSystems adquirió Chorus Systèmes, la compañía que había creado Chorus OS, en 1997. Sun (ahora Oracle) ya proporciona soporte a Chorus. Desde el 2002 los creadores de Chorus se unieron formando una nueva compañía llamada Juluana que posteriormente se hizo llamar VirtualLogix, misma que aun da mantenimiento constante a Chorus. Actualmente liberado bajo código abierto, sistema operativo altamente escalable y estable, sirve para sistemas distribuidos, en red, embebidos, o en tiempo real y se ha establecido como un sistema operativo muy utilizado en hardware para comunicaciones, como celulares, cajeros bancarios, switches, impresoras, autómatas, etc. Su arquitectura se basa en módulos, característica que lo dota de alta configurabilidad y escalabilidad. Historia Chorus surgió del Instituto Francés de investigación INRIA en 1980, como proyecto de investigación en sistemas distribuidos, desde entonces han aparecido 5 versiones, enumeradas del 0 al 4. La idea de la versión 0, era modelar aplicaciones distribuidas como colecciones de actores, en esencia procesos estructurados, cada uno de los cuales alternaban entre...
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...Reconociendo contrato riesgosos y oportunidades Amaryllis Ayala Hernáiz, Natalie Rivera Víctor Rivera y Santos Rodríguez University of Phoenix Leyes Laborales / Law 531 18 de julio de 2012 Prof. Nelson Cardona Muñiz Reconociendo contrato de riesgo y oportunidades Entre corporaciones hay cientos de ofertas hechas todos los días. En este informe se explicarán los riesgos legales, oportunidades que se presentan y las alternativas para la solución de los conflictos. Cada vez más los hombres de negocios exitosos y mujeres de la sociedad actual están conscientes de los peligros que se encuentran en los contratos ya sean verbales o escritos. Si el contrato está lleno de ambigüedad y de vagas declaraciones esto puede ser costoso para ambas partes involucradas. Los tribunales, cuando se encuentran con un contrato con tal ambigüedad, no tiene más remedio que confiar en lo que la gente común habría asumido es cierto por el propósito de las partes; y se deja sin efecto aquellas partes del contrato donde el lenguaje carece de información exacta. Esta simulación demuestra los errores y equivocaciones que se pueden realizar y las medidas adoptadas para hacer cumplir un contrato. Citizen-Schwarz AG Bank acusa a Span System de incumplimiento de contrato en el rendimiento de los sistemas que Span System entrega. Citizen-Schwarz AG Bank también afirma que los sistemas de entregas de Span System están en retraso y que la calidad de estos es inaceptable. Citizen-Schwarz AG Bank...
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