Premium Essay

Sage 50 Control Report

In:

Submitted By ohnoitizjoe
Words 284
Pages 2
Sage 50 Controls Report
Summary
1. Adding a high amount of money to a paycheck.
Sage 50 allowed me to add any amount of money to an employee’s paycheck. Even though that employee has a set salary, I was able to make his pay $9000. This is very dangerous as it can be abused by anyone who has access to sage 50.

2. Printing two checks with the same number.
Sage 50 allows you to make two different checks with the same reference number. Although it does give you a warning, it allows you to go through with the two checks. This is only a moderate weakness but I believe it will be a stronger control if it outright won’t allow duplicate check numbers. 3. Allowing a negative cash receipt.
Sage 50 allowed a negative cash receipt with no control. This could seriously affect numerous account balances without us knowing. I believe there should be a popup asking about the negative cash receipt.

4. Allowing overpayment.
Sage 50 allowed me to receive a payment well over the invoiced amount. A customer that owed 90 dollars ended up paying me 2000. I believe there should be a popup asking if I should allow overpayment.

5. Writing a check without vendor information.
This control worked as intended. Upon writing a check, I could not save it unless I gave a vendor id or name.

6. Saving an unbalanced entry.
Sage 50 did not allow me to save an entry that was unbalanced. I debited cash for $450 and credited an account for $300. Upon saving, I got a popup saying the entry cannot be posted because it is out of balance. This control worked as

Similar Documents

Free Essay

Accounting Information Systems

...PEACHTREE ACCOUNTING SOFTWARE Accounting 352 Course Project Part 1 Elizabeth Pearson July 16, 2013 Professor Nadonya Jackson Section I: Overview Peachtree Accounting Software is a software program made for small and medium sized businesses sold by Sage. This software enables controllers and mangers to automate and manage the numerous accounting tasks involved in a business. Peachtree software can benefit a company by providing accuracy that manual bookkeeping cannot. Some of these tasks include; reconciling accounts payable and receivables, creating financial statements, creating and checking invoices, tracking banking transfers and payroll, importing and manipulating spreadsheets, and integrating scanned documents like checks, receipts and invoices. Peachtree also makes it easy to manage inventory, tracking which of your items are being sold to which customer and how many. Employee management on performance and how to manage and develop your employees is also available through the use of the subscribers of Peachtree Business Care or Peachtree Payroll Systems, where you can receive access to comprehensive human resources information. Peachtree accounting software is intuitive enough that you may be able to dig in and get started, especially if you have some accounting knowledge. The programs are divided into several functional areas, including customers and sales, vendors and purchases, and company (Yakel)...

Words: 1952 - Pages: 8

Premium Essay

Peachtree & Microsoft Gp10

...Sage Peachtree Accounting Complete and Microsoft Dynamics GP Software Evaluation Sage Peachtree Accounting Complete and Microsoft Dynamics GP are among the most widely used accounting software. An analysis of these two accounting software packages follows. Sage Peachtree Accounting Complete Peachtree is an accounting software program available to small and large businesses to include specialties for certain industries; is it ranked amongst the top accounting software program in the market. “This is due to the fact that it provides customers with an entirely comprehensive accounting software program that allows business leaders in virtually every sector to track crucial accounting information and thereby record higher profits and experience increased levels of efficiency” (The Accounting, 2013). The reputation Peachtree has built has made it the most trustworthy name in accounting software. The purchase price for Peachtree ranges from varying on the size of the business and its specialty in the industry. For example, Peachtree complete accounting 2012 software for a small business costs $299.99. However, Peachtree Premium Accounting for Distribution 2010 will cost a company $1199.99. This does not include any extras added in; this is just the base price for if a company purchased the software online and no installation costs have been added as well. All Peachtree products can be viewed on websites to include amazon.com, bizrate.com and simply by searching...

Words: 3827 - Pages: 16

Premium Essay

Scope in Project Management

...PRO JE CT S CO PE F OR THE I MPLEMENTATION OF SAGE MAS 200 Page 1 of 19 July 1, 2010 Executive Summary This document provides the detailed information regarding the implementation of Sage MAS 200 at Customer and will address the following areas:  Executive Summary 2  Scope Statement 2  Goals 2  Objectives 3  Constraints 3  Roles Definition 3  Customer Project Team 4  Assumptions 6  Deliverables 6  Functional Requirements 7  Project Change Control 16  Future Projects 16  Approval 17  Appendix A 18  Appendix B 19 Scope Statement To implement Sage MAS 200 Manufacturing at Customer on or before February 2nd, 2009 and to provide twelve months of system commencement support. See Appendix A for timeline. See the separate Pricing Proposal for module details, support details, pricing and terms. Goals Customer‟s stated goals for this project are:                Implement a system that will carry Customer through the next several years of growth Implement a system that is supported by outside partners to reduce the risk of crippling data loss due to a system crash. Eliminate the need for multiple systems to manage the manufacturing process Reduce or Eliminate duplicate data entry of the same information Reduce or Eliminate the need to consolidate information from multiple systems in management reports Improve information flow from Quoting to Production of finished goods. Create and implement scheduling for the manufacturing processes Create...

Words: 4550 - Pages: 19

Premium Essay

M.A. Social Work Syllabus Bhu

...(Previous) FIRST SEMESTER Paper S1: 01 History and Philosophy of Social Work - 50 Paper S1: 02 Psychosocial Dynamics of Human Behavior - 50 Paper S1: 03 Methods of Working with People: Micro-Approaches - 50 Paper S1: 04 Social Welfare Administration - 50 Paper S1: 05 Research Methodology - 50 Paper S1: 06 Man & Society - 50 Paper S1: 07 Concurrent Field work three days in a week - 50 Total - 350 SECOND SEMESTER Paper S2: 01 Approaches and fields of Social Work - 50 Paper S2: 02 Human Growth and Development - 50 Paper S2: 03 Methods of working with People: Macro Approaches - 50 Paper S2: 04 Management of NGO’s and Disaster Relief Services - 50 Paper S2: 05 Statistics and Computer Application - 50 Paper S2: 06 Dynamics of Socio-Political Institutions and Organizations - 50 Paper S2: 07 Concurrent Field work (three days in a week) -50 Total - 350 M.A. in Social Work (Part-I) Preamble: 1. There shall be six theory papers of 50 marks each and field work of 50 marks as paper seventh out of 50 marks, 38 marks shall be devoted to semester paper and 12 marks shall be fixed for class/home assignments. 2. The format of the theory paper shall be the same as it is being following by the university. 3. Evaluation procedure shall be as per university norms. FIRST SEMESTER Paper S1: 01 History and Philosophy of Social Work (50) Unit – I  Meaning, objectives and scope of social work;  Role and functions of...

Words: 14601 - Pages: 59

Premium Essay

The Social Construction of Juvenile Delinquency

...Critically assess the claim that juvenile delinquency was legislated into existence in the nineteenth century. After a few preliminary comments contextualising the claim, I will; 1. Explore the changes in Legislation and Law enforcement agencies in the early to mid-nineteenth century focusing on the ways in which they contributed to the development of the concept of ‘juvenile delinquency’. 2. Consider the arguments of nineteenth century social investigators and reformers and their influence both on the legislative process and on the construction of the concept of juvenile delinquency. 3. Finally and by way of a conclusion, briefly discuss the broader social economic and political context of nineteenth century reforms in order to suggest that whilst legislation is important, the claim in the question overstates its significance. The idea that there can be a juvenile delinquent is impossible without the concept of childhood as a distinct phase of individual growth and development. ‘Childhood’ has become a universal category; a status which affords particular rights, for example those outlined in agreements between states such as the universal declaration of the rights of the child. This recognition of the special status of ‘childhood’ is a social construct (Hendrick, 2002). We may take our understanding of what it is to be a child for granted as ‘natural’ but it is not until the late middle ages that a period and morality of childhood began to be distinguished...

Words: 2794 - Pages: 12

Free Essay

Computerized Accounting

...Computerized Accounting Computerized Accounting Over the past two decades the way accounting data is entered, stored and processed has changed considerably. This is due to the introduction of computerized accounting packages. It is no longer necessary for large companies to have huge store rooms full of ledgers and records. Instead all information can be stored in computer hard disks. Accounting packages give many advantages over manual systems, for example entries do not have to be recorded in multiple ledgers. A single entry is made and the package will update all the appropriate accounts automatically. Computerized accounting packages also make it possible for people in other departments, not just accounting to enter data. It does not require a vast amount of accounting knowledge for a pay role clerk to enter wages details into the accounts. Just a basic understanding of how to use the package is needed. Furthermore these packages simplify the use of the double entry system greatly. In a manual accounting system, as well as creating an audit trail to record all transactions, a trail balance, profit and loss account and a balance sheet would have to be manually drawn up. Computerized accounting packages have the ability to do all this from just having the companies transactions entered into the relevant spreadsheets. [1]A great benefit of these packages is that, as the business grows the cost of using the software...

Words: 2344 - Pages: 10

Premium Essay

=Lk:; , =, M, Lmlkk

...[pic] MODULE: PEOPLE, MANAGEMENT AND ORGANISATIONS MODULE CODE: BUSS 1141 (Queens) Module Handbook 2015/2016 PLEASE RETAIN THIS HANDBOOK FOR FUTURE REFERENCE. IT MAY BE REQUIRED FOR SUBMISSION TO PROFESSIONAL BODIES WHEN APPLYING FOR EXEMPTION FROM EXAMINATIONS. PEOPLE, MANAGEMENT & ORGANISATIONS BUSS 1141 Queens 2015/2016 CONTENTS TEACHING STAFF 3 STUDENT CENTRED LEARNING 4 TEXTBOOKS 5 GUIDANCE ON USING WEB MATERIAL 5 SCHEDULE 6 FORMATIVE ASSESSMENT 9 SUMMATIVE ASSESSMENT 9 ASSESSMENT CRITERIA 9 This handbook is intended for the guidance of students taking this module in 2015/2016. Whilst the details contained in this handbook represent teaching staff intentions at the time of writing, it is in the nature of Higher Education that some module information may be subject to modifications during the teaching of a module. Teaching staff reserve the right to make such minor changes in the matters covered by this publication and will endeavour to publicise any such changes as widely and in as timely a manner as possible. PEOPLE, MANAGEMENT & ORGANISATIONS 2015/2016 TEACHING STAFF MODULE LEADER: Professor Susan Miller (SM) s.j.miller@durham.ac.uk tel: 0191 334 0223 TEACHING TEAM: Dr. Carole Elliott (CE) c.j.elliott@durham.ac.uk tel: 0191 334 5553 Mr. Peter...

Words: 1984 - Pages: 8

Premium Essay

Emmine Fair and Handsome

...[pic] Society & Health Student Number: 21200042 Activity 1 Action Research It is a research oriented toward the enhancement of direct practice (Smith, 2007). Bias It is systematic error created during the design, measurement, interviewing or sampling. Any influence that distorts the results of a study and undermines validity. (Polit and Beck, 2008). Codes Codes are the combination of data for themes, ideas, concepts and categories making the data easy to search, to make comparisons and to identify any patterns (Sage, n.d.). Construct Construct is the abstract idea, underlying theme, or subject matter that one wishes to measure using survey questions (e.g., health locus of control)( Polit and Beck,2008). Controlled Variable A variable that remains unchanged or held constant in a research analysis (About.com, n.d.). Correlation Degree and type of relationship between any two or more variables in which they vary together over a period  and how well can one factor predict another (Polit and Beck, 2008). Critiquing It is a research that involves a careful, complete examination of a study to judge its strengths, weaknesses, logical links, meaning and significance (Nursing Planet, n.d.). Data Data is a piece of information in raw form collected by researcher through observations, experiments or interview. The pieces of information obtained in a study (Polit and Beck, 2008.) Data analysis ...

Words: 2964 - Pages: 12

Premium Essay

Tourism

...Current Practices in Tourism Hospitality and Events CHTM33 Module Guide University of Sunderland London Campus Contacts Module leader US: Dr. Donna Chambers, Reader Module tutor USLC: Dr. Barbora Cherifi, Academic Tutor 3rd floor staff room barbora.cherifi@sunderland.ac.uk Module information TITLE: Current Practices in tourism, Hospitality and Events CODE: CHTM33 CREDITS: 30 LEVEL: M MODULE BOARD: Tourism PRE-REQUISITES: none CO-REQUISITES: None LEARNING HOURS: 300 Learning Outcomes: Upon successful completion of this module, students will have Knowledge 1. Demonstrated an advanced knowledge of current issues, debates and practices in Tourism, Hospitality and Events. 2. Critically evaluate current research and scholarship relating to tourism, hospitality and events. 3. Critically evaluate the strategic challenges facing Events, hospitality and Tourism organizations. Skills 4. Demonstrate the ability to communicate concepts and analysis orally as well as in written form. 5. Demonstrate the ability to analyze, synthesize and diagnose issues and opportunities in tourism, hospitality and events. 6. Reflect critically on the relationship between theory and practice in tourism, hospitality and events. Content Synopsis This module is conceived as an open platform for students to engage with current practices, issues and debates in Tourism, Hospitality and Events. As well as introducing students to the latest theoretical debates...

Words: 3834 - Pages: 16

Premium Essay

Architech

...WRITING AN EFFECTIVE RESEARCH PROPOSAL The purpose of this handout is not to teach you how to design a research project. Rather it is to help you translate your research plans into an effective research proposal. A well-written proposal will ease the process of obtaining institutional and ethical approval and will increase your chances of obtaining funding for your project. The writing of this booklet was guided by our experience writing proposals but also on our experiences as reviewers on institutional and granting agency review panels. The booklet is designed for health sciences researchers conducting quantitative, clinical research. However, the general concepts are applicable to most areas of inquiry. Writing an Effective Research Proposal 2 ELEMENTS OF A RESEARCH PROPOSAL ∗ ∗ ∗ ∗ ∗ ∗ ∗ Title Abstract Study Problem Rationale/Relevance of the Project Literature Review Specific Study Objectives Research Methods I. Study design II. Subjects Inclusion/exclusion criteria Sampling Recruitment plans Method of assignment to study groups III. Data collection Variables: outcomes, predictors, confounders Measures/instruments Procedures IV. Intervention V. Statistical considerations Sample size Data analysis Ethical Considerations Consent form Privacy of information Work Plan Budget Research team Dissemination Plan 3 ∗ ∗ ∗ ∗ ∗ Writing an Effective Research Proposal KEYS TO SUCCESS TO WRITING A GOOD PROPOSAL Overall Quality of the Study ∗ Good research question...

Words: 7581 - Pages: 31

Premium Essay

It Utilization of E-Commerce

...Recommendation to Sara Lee Corporation: IT utilization of e-commerce Lionel Warren & Hamjat Jallomy Bah Consultants Instructor: Professor Herniter Course: IS535 August 15, 2011 Abstract Information technology represents the future of global business. The amount of trade conducted electronically has grown extraordinary with the widespread use of the internet. In order for companies to effectively compete, it is essential that they have e-commerce as part of their selling and buying strategy. Companies should also integrate e-commerce with their Customer Relationship Management. There are several e-commerce software systems on the market place. It is imperative in selecting software for a company that the appropriate decision is made for the type of software required to meet the company’s objectives and goals. Sara Lee Corporation has been in existence since 1956, but does not currently use e-commerce as part of its business strategy. In order to make a recommendation to Sara Lee Corporation, a review of the companies selling and buying methods will be done as well as how it compares to other companies who are utilizing e-commerce. Three Online Customer Management Software tools will be evaluated to determine which to recommend to Sara Lee Corporation. The expectation is that Sara Lee will incorporate CRM with e-commerce to better serve their customer base and improve on their bottom line. Sara Lee is a business-to-business company which means they are mostly...

Words: 3500 - Pages: 14

Premium Essay

Reid's Clothier

...Reed’s Clothier Case Study FIN370 Finance for Business STUDENT University of Phoenix INSTRUCTOR DATE Reed’s Clothier Case Reed’s Clothier Inc. has struggled financially for the past three years. Owner, Jim has requested to his banker Harold Holmes to extend the company’s credit line in order to pay a $130,000 note payable that is going to be due soon. Unfortunately, the banker refused to give any additional credit and recommended to reduce the store’s inventory through an inventory reduction sale. The banker also recommended bringing Clothier’s accounts receivable to the industry averages. Jim argued that that he was going through a temporary cash flow problem and an inventory reduction sale would have a negatively impact on the sales. The eight answers below will help to determine Reed’s Clothier financial health and if its owner, Jim, should follow the recommendation that were provided by his banker. Question #1 Calculate a few ratios and compare Reed’s results with industry average. What do these ratios indicate? Liquidity Ratios: Current Ratio = Current Assets = 1960 = 2.0 Current Liabilities 1030 Quick Ratio = Current Assets - Inventory = 921 - 491 = 0.9 Current Liabilities 457 Receivables Turnover = Sales = 2,035 = 4.9 Accounts Receivable 413 Average Collection Period = ___365 _____...

Words: 1550 - Pages: 7

Premium Essay

The Five-Question Method for Framing a Qualitative Research Study

...The Qualitative Report Volume 8 Number 3 September 2003 447-461 http://www.nova.edu/ssss/QR/QR8-3/mccaslin.pdf The Five-Question Method For Framing A Qualitative Research Study Mark L. McCaslin University of Idaho, Idaho Falls, Idaho, USA Karen Wilson Scott University of Idaho, Idaho Falls, Idaho, USA The Five-Question Method is an approach to framing Qualitative Research, focusing on the methodologies of five of the major traditions in qualitative research: biography, ethnography, phenomenology, grounded theory, and case study. Asking Five Questions, novice researchers select a methodology appropriate to the desired perspective on the selected topic. The Method facilitates identifying and writing a Problem Statement. Through taking a future perspective, the researcher discovers the importance and direction of the study and composes a Purpose Statement. The process develops an overarching research question integrating the purpose and the research problem. The role of the researcher and management of assumptions and biases is discussed. The Five-Question Method simplifies the framing process promoting quality in qualitative research design. A course outline is appended. Key words: Qualitative Research, Five-Question Method, Biography Research, Phenomenology Research, Grounded Theory Research, Case Study Research, and Ethnography Research Introduction Planning a qualitative study for the first time tends to be an intimidating venture for graduate students just entering...

Words: 6473 - Pages: 26

Premium Essay

Taylor and Bain

...as Subversion in Two Call Centres Phil Taylor and Peter Bain Organization Studies 2003; 24; 1487 DOI: 10.1177/0170840603249008 The online version of this article can be found at: http://oss.sagepub.com/cgi/content/abstract/24/9/1487 Published by: http://www.sagepublications.com On behalf of: European Group for Organizational Studies Additional services and information for Organization Studies can be found at: Email Alerts: http://oss.sagepub.com/cgi/alerts Subscriptions: http://oss.sagepub.com/subscriptions Reprints: http://www.sagepub.com/journalsReprints.nav Permissions: http://www.sagepub.co.uk/journalsPermissions.nav Citations http://oss.sagepub.com/cgi/content/refs/24/9/1487 Downloaded from http://oss.sagepub.com at SAGE Publications on July 31, 2009 1487 Authors name ‘Subterranean Worksick Blues’: Humour as Subversion in Two Call Centres Phil Taylor and Peter Bain Abstract Phil Taylor University of Stirling, UK Peter Bain University of Strathclyde, UK This article engages in debates stimulated by previous work published in Organization Studies, and more widely, on the purpose and effects of workers’ humour and joking practices. The authors emphasize the subversive character of humour in the workplace, rejecting perspectives which see humour as inevitably contributing to organizational harmony. Drawing on methodologies, including ethnography, which permitted the authors to penetrate the organizational surface of two call centres, rich evidence...

Words: 10676 - Pages: 43

Premium Essay

Hofstede's Dimensions of Culture

...Hofstede's Dimensions of Culture Geert H. Hofstede was born on October 2, 1928 in Haarlem, the Netherlands. He received his  M.Sc. from the Delft Institute of Technology in 1953, his Ph.D. (cum laude) from Groningen University in 1967. Hofstede is most well known for his work on four dimensions of cultural variability, commonly referred to as "Hofstede's Dimensions." These include: Uncertainty Avoidance, Power Distance, Masculinity-Femininity, Individualism-Collectivism, and Long-Term/Short Term Orientation. These dimensions were arrived in his 1980 publication, "Culture's consequences: International differences in work-related values." The study took existing survey data (sample size of 116,000) collected from a multinational corporation (IBM). The result was a score in each of the dimensions for 40 different countries. During 1978-83, the Dutch cultural anthropologist Geert Hofstede conducted detailed interviews with hundreds of IBM employees in 53 countries. Through standard statistical analysis of fairly large data sets, he was able to determine patterns of similarities and differences among the replies. From this data analysis, he formulated his theory that world cultures vary along consistent, fundamental dimensions. Since his subjects were constrained to one multinational corporation's world-wide employees, and thus to one company culture, he ascribed their differences to the effects of their national cultures. (One weakness is that he maintained that each country...

Words: 1743 - Pages: 7