Accounting Cycle Description Paper

Riordan Manufacturing is an international plastic manufacture who operates four separate facilities. These sites ar located in atomic number 20, Georgia, stops, and China. The write up cycles are performed at to each one individual facility. Once the invoice tasks are completed they are sent to the corporate offices in California for consolidation. Some of these accounting cycles include general ledger, accounts pay fit, accounts receivable, say entry, procurement, sales and purchasing history, news report and shipping, payroll, monetary reporting, EDI*, turf out code interlingual rendition, and EDSS. The accounting cycles can be studied chthonic the balance sheets, income statements, budges, economic forecasts, and communications. Georgia and Michigan are the ogre locations that have been recently acquired by Riordan. The reliable finance and accounting (F & A) used at these two sites aren?t congenial for consolidation at the corporate offices in California. Th is is causing legion delays and progenys within the accounts receivable cycle. The stream issue with the accounts receivable administration is that neither Michigan nor Georgia has a parcel platform compatible with the software used at the corporate offices in California. Michigan had purchased their software application from a vendor who is no longer in business. Georgia purchased software completely varied from the application Michigan purchased. Neither of software can race cohesively together. This is big trouble for the accounts receivable incision because they are unavailing to consolidate success broad(a)y any cultivation that can divulge any compatibility between the companies. Due to this geometrical irregularity financial and accounting departments are receiving culture via data files, substantial assume reports that must be re-entered, other files that must be converted to be read to correct account codes. This current mooring is evident to both Riordan?s vendors and customers. It?s affecting the ! invoicing and payments. The telephoner must find a solution to spend a penny the issue within its account receivable department. essential control... This is a nicely done Riordan paper. I wish I had been able to review it before completing my own query on this company and its information control problems. This provides me with a opposite location on the company issues. The data on IT for correcting incongruous information systems is great. I am not an IT expert, but emotional state I know much more after reading this. gigantic job ! If you want to get a full essay, order it on our website: OrderEssay.net

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