For this project you should start by entering your company details into an accounting software package such as MYOB. You should then cover the following:

Modify the chart of accounts

Set up card files for debtors, creditors and employees.

Enter opening balances for the general ledger, debtors and creditors.

You then need to explain how to enter some transactions – say a sale, purchase, payment, receipt and a general journal.

Also cover producing reports and back up procedures.

Other procedures should cover employee access, security and passwords.

You may also consider including some screen shots.

Project A

You have been employed to establish a computerised accounting system in a small organisation. The organisation currently uses a ledger card system for its accounts. The organisation has chosen a popular proprietary accounting software system. Describe the steps to be taken prior to inputting the data into the computerised system and how you would go about implementing the new system.

You must show that you can:

• set up an organisation’s chart of accounts by modifying an established integrated financial software system

• interpret and apply organisational policies and procedures

• implement an integrated accounting system ensuring integrity of the data

• process transactions, generate reports and maintain the integrated system