AN EVOLUTION OF THE IMPACT OF COMPUTERIZATION ON THE ACCOUNTING SYSTEM OF SMALL SCALE BUSINESS ORGANISATION
(A CASE STUDY OF MODEL COMPUTERS COMPANY WARRI DELTA STATE)
By
OSEJI CHRISTIANA AC/H2002/262
Presented To
Department of Accountancy
ABSTRACT
The development of accounting systems and the computerization of these systems in a small scale business environment is the main theme of this study. The researcher examined the issues involved by understanding the computerized accounting system of model computers company, Warri.
Based on the analysis of data for this study it was discovered that an effective and efficient operating environment is function of a good accounting system other things being equal. Similarity it was discovered that the introduction of computer and the development of accounting packages have revolutionized the accounting system of small scale business organisation.
Therefore the general conclusion drawn from this study is that a computerize accounting system is a basic paradigm for small scale business organisations.
LIST OF FIGURES
Fig. 4 â€" 1 Mcc organisation chart
Fig 5 â€" 1 Daceasy system interface
Fig 5 â€" 2 Customer module
Fig 5 â€" 3 Uendor module
Fig 5 â€" 4 Product module
Fig 5 â€" 5 General ledger module
Fig 5 â€" 7 Fixed asset module
Fig 5 â€" 8 Purchase order module
Fig 5 â€" 9 Invoicing module
Fig 5 â€" 10 Financial module
Fig 5 â€" 11 Default layout of accounts
Fig 5 â€" 12 Chart of account
Fig 5 â€" 13 Model chart of accounts
Fig 5 â€" 14 Fixed assets list
Fig 5 â€" 15 Current trail balance
Fig 5 â€" 16 Current profit and loss financial report
Fig 5 â€" 17 Period balance sheet
TABLE OF CONTENT
Title Page II
Certification III
Dedication IV
Acknowledgement V
Abstract VI
List of figures VII
Table of content VIII
CHAPTER ONE
General Introduction 1
1.1 Background of the study 1
1.2 Statement of the problem 3
1.3 Objectives of the study 4
1.4 Significance of the study 5
1.5 The scope of the study 6
1.6 Research limitations 6
1.7 Definition of terms 7
CHAPTER TWO
Review of related literature 10
2.1 Introduction 10
2.2 Accounting information system 13
2.3 Computer technology and accounting 19
2.4 Computer application for small business 27
Note 31
CHAPTER THREE
Research methodology 34
3.1 Nature of the study 34
3.2 Sources of data 34
3.3 Method of data presentation 35
CHAPTER FOUR
Model â€" A company presentation 37
4.1 Historical background 37
4.2 Organizational structures 38
4.3 The accounting system of model computers company 42
CHAPTER FIVE
Dave presentation 44
5.1 Basic issues 44
5.2 Daceasy accounting package 52
5.3 Computerization at MCC 54
5.4 Daceasy and basic accounting operations 54
CHAPTER SIX
Findings, summary and conclusion and recommendations
6.1 Findings 96
6.2 Summary and conclusion 102
6.3 Recommendations 103
BIBLIOGRAPHY 108