Accounting records in a manual system

Assignment Help Accounting Basics

Reference no: EM13954771

Hyperion Landscaping Ltd currently keeps its accounting records in a manual system, but now intends to move to a computer-based system. Put the following items in the correct chronological order in which Hyperion should deal with them:

Investigate suitable software.
Get the manual system up to date.
Monitor the audit trail for the computer system.
Determine the information required from the system, e.g. budgets, statement of comprehensive income.
Transfer the account balances from the manual system to the computer system.
Back-up the computer records.
Determine the source documents and other data to be processed by the system.
Investigate suitable hardware.
Move wholly to the computer system.
Decide on back-up and security arrangements.
Run both systems in parallel.

Reference no: EM13954771

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