Relationship between different functional areas of hmv

Assignment Help Managerial Accounting
Reference no: EM13547454

Task 1

Identify functional areas in (HMV) and analyse inputs, process, and output requirements for minimum four functional areas' processes. (Suggested length 1400 words)-

M3: Choose core processes of four functional areas, arrange all tasks related to the chosen processes in logical sequence use technical language accurately to describe the tasks, Use structured methods of information presentation.

D3: Present Innovation and creativity throughout in describing the tasks/processes and provide evidences and references.

Task 2:

Determine the relationship between different functional areas of HMV.

Explain the information flow between the functional areas selected for task I (Suggested length 600 words)

Select at least 2 tasks related to each functional area (Total 8 tasks) and discuss flow of information among the functional areas to conduct those tasks.

Select complex tasks, show comprehensive understanding in information flow, and make appropriate diagrams to present the flow of information, provide references.

Task 3:

Assume you have started your own shop at Ruwi in the month of September to sell the computers' components. To keep track of the inventory and the financial transactions of your business you have decided to use Tally.ERP 9. For this purpose you need to perform the following tasks:

a. Write hardware and software requirements for Tally ERP 9

b. Prepare document to show all necessary steps involved in the installation of Tally.

c. Setup a company under your name to record the business transactions. Make sure your company complies with Oman statutory regulations.

Ml: Make effective document to show all necessary steps involved in the above mentioned tasks and provide appropriate description of each step.

Task 4:

a. Create the necessary Ledger accounts and record the following transactions in Tally.ERP9. While recording the transaction take screen print of each transaction and put them in your MSWord document for evidence.

Si,I. S2, S3 and S4 represent the sundry creditors of your company, in place of them write names of the computer suppliers/dealers exist in the market near your residence and while creating the ledger account for them, provioe the full address and other details required to store in Tally.ERP 9.

Cl ,C2, and C3 represent the sundry debtors of your company in place of them write names of your three friends who are not studying in your class and while creating the ledger accounts for them provide the full detail required to store in Tally.ERP 9.

b. After recording all the transactions take print of the Day Book, Balance Sheet, Profit and Loss  and the Trial Balance and analyze the information shown in the reports (Suggested 600-900 Words)

M2: Record all transactions correctly in appropriate sequence and shown each step in your assignment

D2: Write conclusions to prove the accuracy of Day book, Balance sheet, Profit and Loss and Trial Balance reports.

Task 5:

MS Excel is being used commonly in managing account, inventory, payroll etc. Evaluate at least

three features of MS Excel which can help in managing financial matters.

M3: Describe three advanced features of MS Excel, demonstrate the use of selected features effectively to deal with financial matters, provide diagrams with appropriate details.

D3: Provide suitable examples with valid comments.

Reference no: EM13547454

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