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A Study on the Accounting Software Solutions of a Non-Extreme Bank

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Added on  2019-11-08

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Contents Executive Summary 1 Introduction 3 Part A 3 NAB Structure 3 Operational Issues related to Accounting 3 ERP based Accounting Software: Xero 4 Flowchart 5 Possible problems and issues 5 Part B 6 AIS 6 Marketing structure and sizing 7 Leaders in Accounting Software 8 Limitations 8 Recommendations 9 Conclusion 9 References 10 Introduction The software of the accounting is based on the different applications where there are different accounting data that are for the handling of the organisation. This includes the issues and issues related to the ERP software (Hoozee et

A Study on the Accounting Software Solutions of a Non-Extreme Bank

   Added on 2019-11-08

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REPORT
A Study on the Accounting Software Solutions of a Non-Extreme Bank_1
Executive SummaryThe report focuses on the weaknesses with the handling of the different traditional accounting system of the company with the Accounting Software solutions. The ERP based company chosenis National Bank Australia (NAB). The bank mainly focuses on maintaining the ERP solutions where MYOB, Xero, and Saasu is used for the improvement of the company shares.
A Study on the Accounting Software Solutions of a Non-Extreme Bank_2
ContentsExecutive Summary.........................................................................................................................1Introduction......................................................................................................................................3Part A...............................................................................................................................................3NAB Structure.............................................................................................................................3Operational Issues related to Accounting....................................................................................3ERP based Accounting Software: Xero.......................................................................................4Flowchart.....................................................................................................................................5Possible problems and issues.......................................................................................................5Part B...............................................................................................................................................6AIS...............................................................................................................................................6Marketing structure and sizing....................................................................................................7Leaders in Accounting Software.................................................................................................8Limitations.......................................................................................................................................8Recommendations............................................................................................................................9Conclusion.......................................................................................................................................9References......................................................................................................................................10
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IntroductionThe software of the accounting is based on the different applications where there are different accounting data that are for the handling of the organisation. It includes the software record transactions that is set on the daily basis with the proper recording of payment transactions and the other generalised ledger. The accounting software standards are set on the different types which includes the brand and the non-branded software. The preparation by the organisation is mainly to make the proper use of the software along with working over the contexts of the accounts. Part ANAB StructureThe National Bank of Australia need to work on providing the better banking services with the country focusing on the different data that is related. NAB works on handling the different banking services with the ATM services that is provided to its customers. The bank also requires handling the different banking services which include the commercialised banking where NAB focusses mainly on the use of the tradition system of accounting (Janvrin et al., 2017). The system works on the paperwork with the view of the loss of data patterns as well. The NAB works on the customer, products and the support with the centralised services for the Australian business. It focuses on the leadership team with the existing and the external executives with the set of the range of sectors. The new structure is based on the responsible forms with the front-line sales and the customer relationship. The responsibility for the end-to-end product works withthe management and handling the risk integration, with IT and the other operational processes into products. The positioning for the growth comes with the 12% of the cash earnings per share
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