Question

Your family has owned and operated a landscaping business for many years. They were recently approached by a family friend who wants to invest in the company and help it grow to additional locations. The family friend has concerns that the company's accounting system is outdated and should be more computerized. You have offered to help with this transition and research into what type of computerized accounting system or workflow might make sense for the company to switch to. They are currently looking to use QuickBooks Online but know that there are also other alternatives.

Based on this information, you have decided to break this project up into 4 stages and in an effort to keep everyone on the same page, you will circulate various memos and present your final findings to your family's friend and the company in a few weeks.

1. Stage 1 - you will write a memo to the company reviewing their first choice of accounting software, QuickBooks Online. They think it will help them get started but want to understand more of what it offers. In your memo, review the pros and cons of using QuickBooks Online. Remain focused on QuickBooks Online's features, advantages and disadvantages but do not explore other alternative options yet as that has been designated at Stage 2.

Answer 1

Stage 2

In this stage, we will inform our accounting department regarding changes in way of maintenance of book of accounts and give them a specif guideline for our requirement. To fulfill our need we will make sure to adopt these changes smoothly

Stage 3

Here we will check our system and find the barriers faced by our organization. we will look system thoroughly and systematically and find errors.

Stage 4

In this stage, the main work is Controlling the barriers. we will make an alternative path to overcome that barrier which we have to identify and make our working smooth. this will increase the effectiveness of changes and reduce the risk of changes.