Explain the steps to be taken prior to inputting the data

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Problem 1: 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.

  1. set up an organisation's chart of accounts by modifying an established integrated financial software system
  2. interpret and apply organisational policies and procedures
  3. implement an integrated accounting system ensuring integrity of the data
  4. process transactions, generate reports and maintain the integrated system

Reference no: EM132776961

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