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 The family friend has concerns that the company's accounting system is outdated and should be more computerized.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. Part 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.

Submit a 2-3 page report for part 1 above explaining your findings as instructed.

Answer 1

solution

Stage 2

In this stage, we will educate our bookkeeping division with respect to changes in method for upkeep of book of records and give them a specif rule for our necessity. To satisfy our need we will make a point to embrace these progressions easily

Stage 3

Here we will check our framework and discover the obstructions looked by our association. we will look framework completely and deliberately and discover mistakes.

Stage 4

In this stage, the fundamental work is Controlling the hindrances. we will make an elective way to defeat that boundary which we need to recognize and make our working smooth. this will