Planning and Implementation of the New Information Technology System for AMS Limited

Planning and Implementation of the New Information Technology System for AMS Limited

Part A clearly wants you to identify FOUR general planning considerations when implementing a new IT system and explain why it is important and give examples of how your recommendations might apply to AMS Ltd. You did not do this. Instead you copied and pasted general things from the internet. Please re-do this part properly.
2) Plagiarism is 20% because you were copying and pasting from the internet. Remove all those internet blogs you mentioned in my work and reference proper academic books for IT and SAGE.
3)Part B is supposed to be answered in one table. You did something confusing. Please follow the instructions put everything in a single table.
4) This is supposed to be a report. A report has headings and a table of contents. You did not do this.

IT for Accountants 2017/18 Coursework Assignment

AMS Ltd manufactures and sells sports equipment and obtains materials from a wide range of UK and overseas suppliers.

The company started small but has begun to expand in the last 12 months. The company has now employed a new managing director, Mr Upland, and a new Accountant, Mrs Law, who has decided to implement a more effective accounting system and has introduced SAGE into the business as the accounting records have been quite basic in the past, using excel only, and as the business is expanding, it will enable senior management to concentrate on running the business and step back from the day to day basic issues.

In a meeting with senior management and Mrs Law, you as an  assistant accountant also receive the following information related to  accounting and business processes:

  1. The main supplier, La Boheim, based in France, requires an upfront payment as a deposit of 15% of the value of any order placed with them, before they accept the order. They then ship the goods and send a purchase invoice in Euros for the full order value to AMS Ltd. The purchase admin clerk is on maternity leave; a temporary staff picks up the role who paid the invoices in full ignoring the upfront payment.
  2. Sales invoices are processed by the sales admin clerk and authorised by the accounts supervisor. Recently customers have complained regarding goods returned to the warehouse but have not received a replacement or credit note on their account. Also, the Finance Manager has identified that some customers have high balances outstanding and are well overdue with payments. He has asked the Sales Admin team to investigate.
  3. For employees paid by bank transfer, the payroll manager, Mr Sallerton, reviews the list of the payments and agrees to the payroll records prior to authorising the bank payment himself. If any changes are required, Mr Sallerton, amends the records. For employees paid in cash, the pay packets are prepared in the payroll department manually and a clerk distributes them to employees; as she knows most of the individuals she does not require proof of identity.
  4. Mrs Law is the new accountant and has noticed that the office manager, Mr Enrage, who retired recently, has not reconciled the Bank for the six months leading up to retirement. The new office manager, Miss Perfect, has identified that a spreadsheet exists with cash transactions but it does not match the actual bank balance on the bank statement and it appears that there is less cash available than is expected which is causing concern to Mrs Law.
  5. At the beginning of the year, management undertook an extensive review of AMS Ltd.’s non-current assets and revealed that some assets are not recorded on the fixed asset register and also there are two printers on the fixed assets register which are missing from the admin office.

Required:

Write a REPORT to the Managing Director of AMS Ltd, Mr Upland, with regard to the planned implementation of SAGE in the business, covering the following areas:

Part A

Identify FOUR general planning considerations when implementing a new IT system and which will need to be incorporated into the SAGE implementation plan. For each area you identify, explain why it is important and give examples of how your recommendations might apply to AMS Ltd.

Total for Part A – 20 Marks

Part B

For EACH of the areas 1-5 described above:

  • Identify TWO deficiencies and explain the risk or adverse business impact associated with the current business processes as they stand. 20 Marks

Suggest ONE SAGE Control and ONE General Control for each of the deficiencies identified in part (i) to reduce or eliminate the deficiencies identified.

 

Answer preview:

Word: 2,500