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MAC002A Accounting Information Systems

tag 0 Download 13 Pages / 3,185 Words tag 25-03-2021


Freddy is also concerned because any employee can order merchandise from suppliers and any employee can check in deliveries from suppliers. Since the model buses are not bulky, each delivery is checked in only by one employee. Payments to suppliers is authorised either by Freddy or his wife. Further, the other messy area is the information about both internal and external agents that is maintained indefinitely, however, information about events is maintained only for the current fiscal year. Freddy has no clue if any wastage of resources is happening in his shop.

With you being a part of this specialist team who have recently got trained in database design from UBSS, you are required to work with John and design a good relational database that would support Freddy’s Accounting Information System. Therefore:

1) you are required to design a REA accounting data model that focuses on revenue cycle so that the shop’s revenue information is taken care of. John also confirms to Freddy that the model of the revenue cycle will be shown separately and will also be used to design the relational database.

2) With Freddy needing to sell both buses and accessories for the buses, he needs to have the required inventories to sell. Thus, along with the revenue cycle, you are also expected to prepare a REA diagram for the expenditure cycle of Freddy’s Model buses shop.

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Total 13 pages

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