Suppose you are running a retail company, and you are going to design the Sales
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Suppose you are running a retail company, and you are going to design the Sales

Project 1 - REA Database

Sales/Collections Business Process

1. Suppose you are running a retail company, and you are going to design the Sales/Collections AIS for the company. Given the UML model below, implement your UML model completely into Access. The multiplicities and model should match the ones in Access. If the multiplicities on model do not match the Access implementation, the project receives no credit. (Note: you can gather the data for your database here: https://www.generatedata.com/ or https://www.kaggle.com/datasets)


2. Design data in all tables.

a. Access should include the following tables:


b. Refer to Chapter 5 for guidance as to table attributes (Chapter 5 – Table5.2) Ensure the mock data simulate real world.

3. Query

a. At least 10 queries

b. Ask questions that will help you run the business efficiently. Queries should answer accounting questions such as A/R, A/R turnover, gross profit, net profit, cost of goods sold, sales return percentage, operating income, most profitable item, etc. Your project must use data to do sales/collection accounting calculations, such as total A/R at a point in time, aging of A/R, sales return ratio, ending inventory per item, average number of days in receivables, ending cash balances, etc.

Hint
Accounts & FinanceGross margin: This is the net sales less the cost of goods sold i.e. COGS. Basically, it is the amount of money that a company retains after the direct costs are incurred which are associated with producing the goods it sells and the services which are provided. So, higher the gross margin, the more is the capital a company retains. That it can use to pay the other costs or s...

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