Question: The following is a table detailing the necessary core functionality elements and the relevant factors for an Accounting Information System for Ravi. Core Functionality Relevant

The following is a table detailing the necessary core functionality elements and the relevant factors for an Accounting Information System for Ravi.

Core Functionality

Relevant Factors

Maintain client contact information

Must contain controls

Maintain information on customers vehicles and vehicle history

Must be a self-monitoring system

Record sales transactions as well as produce invoices and receipts for those transactions

Must have troubleshooting capabilities and fix bugs, errors and glitches.

Record subcontracted activities.

Must have measures to prevent the sharing of sensitive and private customer information

Produce reports for revenue, expenditure for business and taxation purposes

Must have automatic updates and notifications for implementation

Maintain records for current and non-current assets and liabilities

Must have a thorough and detailed manual so that the software can be easily understood and implemented

Produce reports on customer listings, customer details, vendor and supplier listings

Computer hardware must be up to date to be able to install the required software.

Export data electronically

Must be easy to use on a Tablet

Allow for printing of information when necessary

Using the information above, create an evaluation matrix where weighting is applied to each requirement to evaluate the best option of a list of accounting software, namely- QuickBooks, Zoho Books, DEAR Systems, Deltek Vision, SlickPie and MechBooks. Use it to evaluate and rank which accounting software is the most viable options for these requirements.

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