Question 2 (18 marks/23 minutes) (a) The MYOB package provides a B/AR/CR system module. In the...
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Question 2 (18 marks/23 minutes) (a) The MYOB package provides a B/AR/CR system module. In the table below, the reports available in the B/AR/CR module are named together with a brief description of information provided in each report. For each report, you should specify whether the report is providing information on Components, Types, Subsystems, and/or the System. Furthermore, for Components and Types, specify whether the information relates to Resources, Events, External Agents, Internal Agents, and/or Locations. For Subsystems, indicate to which subsystem of the B/AR/CR system the information in the report relates. Report Aged Receivables [Summary] Aged Receivables [Detail] Customer Payment History Customer Payments [Salesperson] Receivables Reconciliation [Summary] Report Receivables. Reconciliation [Detail] Invoice Inquiry To Do List [Receivables] Semester One Final Examinations, 2019 Sales and Receivables Journal Description For each selected customer, displays a single line with the customer's current balance followed by an aging of that balance. (15 marks) For each selected customer, displays the customer's current balance followed by a listing of their open invoices with the amount due in the appropriate aging column. Lists closed (fully paid) invoices sorted by customer. Provides a listing of cash payments made on invoices within a selected date range, sorted and totalled by selected salesperson. List of receivables as of a selected date presented in summary (one line per customer) format. Page 8 of 15 BISM7209 Accounting Information Systems Description List of receivables as of a selected date presented in detail (one line per invoice) format. Displays all the transaction pieces that affect the current balance of the invoice (original sale, sales tax, customer payments, discounts or customer deposits). This report allows wildcarding. Displays the list of open receivables from the To Do List window. Displays the transactions assigned to the Sales and Receivables journal within the date range. (b) In relation to your answer to part (a) of this question, briefly evaluate the B/AR/CR module provided by MYOB. (3 marks) Question 2 (18 marks/23 minutes) (a) The MYOB package provides a B/AR/CR system module. In the table below, the reports available in the B/AR/CR module are named together with a brief description of information provided in each report. For each report, you should specify whether the report is providing information on Components, Types, Subsystems, and/or the System. Furthermore, for Components and Types, specify whether the information relates to Resources, Events, External Agents, Internal Agents, and/or Locations. For Subsystems, indicate to which subsystem of the B/AR/CR system the information in the report relates. Report Aged Receivables [Summary] Aged Receivables [Detail] Customer Payment History Customer Payments [Salesperson] Receivables Reconciliation [Summary] Report Receivables. Reconciliation [Detail] Invoice Inquiry To Do List [Receivables] Semester One Final Examinations, 2019 Sales and Receivables Journal Description For each selected customer, displays a single line with the customer's current balance followed by an aging of that balance. (15 marks) For each selected customer, displays the customer's current balance followed by a listing of their open invoices with the amount due in the appropriate aging column. Lists closed (fully paid) invoices sorted by customer. Provides a listing of cash payments made on invoices within a selected date range, sorted and totalled by selected salesperson. List of receivables as of a selected date presented in summary (one line per customer) format. Page 8 of 15 BISM7209 Accounting Information Systems Description List of receivables as of a selected date presented in detail (one line per invoice) format. Displays all the transaction pieces that affect the current balance of the invoice (original sale, sales tax, customer payments, discounts or customer deposits). This report allows wildcarding. Displays the list of open receivables from the To Do List window. Displays the transactions assigned to the Sales and Receivables journal within the date range. (b) In relation to your answer to part (a) of this question, briefly evaluate the B/AR/CR module provided by MYOB. (3 marks)
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ANSWER STEP 1 Reports Aged Receivables Summary Aged Receivables Detail Customer Payment History Cust... View the full answer
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