Kudler Fine Foods is a chain of specialty food stores that provide the finest food and wines to the general public. There are three locations of Kudler Fine Foods: 1. La Jolla 2. Del Mar 3. Encinitas
Kudler’s Key Business and Accounting Information Needs
General Ledger * Financial reporting, multiple year reporting * Budgets and Budget Reporting detailed to the department store level * Chart of Accounts * Head Count
Accounts Payable * Check Printing * Multiple Bank Accounts * Tax and Freight allocations * International Addresses * Cash Purchases
Accounts Receivable * On Cash and Carry Basis * Via POS Register Sales are provided on a daily basis-vital report
Point of Sale * Provides all detail of retail sale-in depth from item code –store clerk * Interphases the data to the systems modules- accounting can run reports and see what the overall picture is of the business * Handling of debit card and credit transactions
Bank Reconciliation * Reconciling checks, deposits and account balances * Cash flow analysis
System Security * Generators for system back up needed to support Finance and Accounting systems 24/7. * Security features for passwords, dollar limits, limited access * Disbursements for $1000 need the approval of CFO or President. Disbursements over $5000 need the approval of both the CFO and the President.
Current Computer System of Kudler Fine Foods Kudler Fine Food’s system is a great system considering their size of business. The hardware Kudler Fine Food utilizes is great and provides their needs and demands. Kulder Fine Food’s hardware consists of the following; Novell 4.11 Server for POS and is very reputable; 56k modem; UPS standalone, 4 terminals with POS PII WIN9x, 1 of PII w NT Server IIS4 Winfax Pro with built in modem and CDROM reader, Computer 64 mg ram Win 9x Office 97 Server xls inventory spreadsheet and equipped
References: https://ecampus.phoenix.edu/secure/aapd/cist/vop/business/Kudler/Finance/KudlerFinance001A.htm Core Concepts of Accounting Information System Author: Nancy A. Bagranoff copyright © 2008 John Wiley & Sons, Inc. Personal work experience dealing with system implementations