ACCT326 Course Project (Technology Project) Assume you are the owner of a small CPA practice in a major metropolitan area. You have desires to expand the practice to recommend AIS products to your customers. You have found your first new client who is interested in moving to a new AIS. The client, uTopia Living Homeowner Association (ULHA) is a growing homeowners' association (HOA) consisting of 5,000 homeowners. They are in the process of acquiring four other homeowner associations within the next 60 days. This acquisition will increase the number of homeowners to 10,000. uTopia is currently using an accounting information system that will be no longer supported via Windows 11 (https://docs.microsoft.com/en-us/windows/whats-new/windows-11); therefore, they must find a new system. Currently, the other HOAs are using either Sage, Xero, NetSuite, or QuickBooks. uTopia wants to have a single system for everyone. They have no preference regarding which system to use for they will defer to your judgment for the best option.

As the owner of the CPA firm, you are excited by this opportunity because it is a way to expand your practice. As a result of this opportunity, you have asked your lead CPA to develop a proposal for uTopia. . Listed below are the core requirements of the new AIS for uTopia (after their acquisition):

Billing (Invoicing): Each month, the system will generate an itemized bill for each homeowner. The fees will vary from $100 to $200 per month, based upon the location of each home, and the type of home (townhouse or single-family homes). Late fees are 20 percent per month of the unpaid balance. The bills are mailed on the 20th of each month and payment is due by the 10th of the following month.

Collections (Receipts): Payments can be made in person (at the HOA main office); via mail (via a PO Box); or electronically. Payments will be deposited into the client's account.

Payments (Checks): It is expected that the system will generate a minimum of 700 / payments each month. These payments will cover a variety of services, such as expenses for office supplies; rent; utilities; landscaping; and trash/snow removal. The firm will rely on electronic payments; thus no paper checks.

Payroll (Payroll): It is expecting that the client will have roughly 200 full-time employees and 250 part-time employees. Employees will be paid on a bi-weekly basis via direct deposit. Payroll will be outsourced to ADP (www.adp.com) Required: Using the methodology developed in this course, document and illustrate the system from an automated function viewpoint. As part of your documentation, you will need to identify the specific system requirements in the areas of inputs, outputs, and controls for each of the service areas.