Software development project for an accounting system

Assignment Help Other Subject
Reference no: EM131714941

You are the project manager for a software development project for an accounting system that will operate over the Internet. Based on your research, you have discovered it will cost you $25,000 to make own code. Once the code is written you estimate you'll spend $3,000 per month updating the software with client information, government regulations, and maintenance. A vendor has proposed to write the code for your company and charge a fee based on the number of clients using the program every month. The vendor will charge you $5 per month per user of the web-based accounting system. You will have roughly 1200 clients using the system per month. However, you'll need an in-house accountant to manage the time and billing of the system, so this will cost you and extra $1200 per month. How many months will you have to use the system before it is better to make your own code than to hire the vendor?

Reference no: EM131714941

Questions Cloud

Prepare multiple step income statement for the year ended : Use the above information to prepare multiple step income statement for the year ended December 31st, 2015
Explain the use of personal protective equipment : Explain the use of personal protective equipment (PPE) for controlling occupational hazards in relation to the operation you chose.
Hospitality industry combat the fear of terrorism : How can the hospitality industry combat the fear of terrorism? Is this something you see changing for the better or the worse over time?
Probability of selection for persons in one-person units : What happens if you estimate the mean age of the population by the average age of all persons in the sample? What estimator should you use?
Software development project for an accounting system : You are the project manager for a software development project for an accounting system that will operate over the Internet.
What balance sheet format does your company use : What balance sheet format does your company use, What is the company's largest current asset and largest current liability at year end
One-time cost of procurement and integrating : If you buy, the cost is $ 29,000 and the one-time cost of procurement and integrating in your company is $1000.
Setting up a railway line connecting two cities : You have been assigned to manage a project that deals with setting up a railway line connecting two cities.
Discuss the entry on the declaration date of the dividend : decides to distribute an 8% stock dividend when the market price of the stock is $5 per share. Journalize the entry on the declaration date of the dividend

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd