Vu T. Ma
University of Phoenix
Kudler Accounting System
Kathy Kudler developed a business plan and open the doors of Kudler Fine Foods in 1998 in San Diego, California. Part of the initial business plan involved developing an accounting system. Kathy outsourced a consulting company, Smith System Consulting, to help select and install a retail enterprise management system (REMS). Smith System Consulting decided to install a modular and scalable retail management system (RMS). The REMS system implemented during the opening of the store is too slow to stay up with today's demands. Kudler needs an upgrade or an implementation of a new system. Windward System Five is the new accounting system needed to stay up with today's demands. Key features, core technology, benefits, and costs of the new system will decide the value of this new system to the company.
The Windward System consist of some up-to-date features, which are lacking in the current REMS. General ledger, accounts payable, accounts receivable, POS, inventory control, E-commerce, purchase orders, customers, and advance security system with real-time backup functions
General Ledger * Journal entries; * Supports recurring entries; * Supports check writing; * Balance sheets, income statements, cash flow, and trend analyses are some of the financial reports offered; * Multiple month reporting helps analyze sales comparison of stores and department; * Fully integrated and done in real time.
Accounts Payable * Payable bills; * Batch checks; * Check writing; * Manual checks; * Multiple month bill payment; * Cash required payment; * Time payment; * Aged AP reports.
Accounts Receivable * Aged AR reports; * AR statements; * Customer statements; * Invoicing option; * AR payments; * Multiple month invoice entry; * Customer credit; * Early Pay discounts/collections; * Signature capture.