Seminar 17 August 2017

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#1SME1Sistem: Khas untuk Usahawan Tingkatkan Pengurusan Bisnes

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Kami ingin menjemput Tuan/Puan untuk menghadiri #1SME1SISTEM Khas untuk Usahawan Tingkatkan Pengurusan Bisnes yang akan diadakan pada:

Tarikh: 8 Disember 2016

Masa: 8.30 pagi hingga 1.00 petang

Tempat:

Bangi Gateway, Seksyen 15, Persiaran Pekeliling, Bandar Baru Bangi, Selangor 43650

Untuk pendaftaran dan maklumat lanjut:

https://www.eventbrite.com/e/1sme1sistem-khas-untuk-usahawan-tingkatkan-pengurusan-bisnes-tickets-29665290683

#1SME1SISTEM MEGA CONFERENCE

mega-conference-2016

Kami ingin menjemput Tuan/Puan untuk menghadiri #1SME1SISTEM Mega Conference 2016 yang akan diadakan pada:

Tarikh: 15 November 2016

Masa: 9.00 pagi hingga 1.00 petang

Tempat: Auditorium ,Malaysian Global Innovation & Creativity Centre (MaGIC) Persiaran Apec Cyberjaya Selangor Malaysia

Untuk pendaftaran dan maklumat lanjut, boleh click pada link di bawah:

#1SME1SISTEM MEGA CONFERENCE UNTUK USAHAWAN TINGKATKAN PENGURUSAN BISNES!

Scenario Analysis No. 6 – What you need to know about Modules in a business system?

 

Business systems designed for businesses are usually based on functions reflecting the structure of the business. This is to allow each set of tasks to be provided with the applicable system processes.

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Hence, as per the slide above, we will find Module(s) to cater for Front-end of the business, Module(s) to cater for the middle part, and Module(s) to cater for the Back-end.

Very seldom do we find a system that combines all functions is a single compressed Module. The complexity to process would be very high and bugs in the programming would be difficult to isolate and fixed.

What this means is that a particular transaction entered in one Module, may be worked on additionally in another Module. For instance, an Inventory Module would be integrated with the Accounting Module and the Invoicing Module; with different staff being assigned to be accountable for the process under their care. GNZ

 

Scenario Analysis No. 5 – What are data types in a business system?

Users trying to use any digital business system will discover that the system seems to be non-user-friendly initially. There will be difficulty to understand the various modules in the system. This is because a lot of time will need to be spent on creating the basic reference data which is required to operate the system.

This data which is entered and stored in the system is termed “Master Data” and is entered only once. Master Data is permanent data which means that it remains with the system as long as the system is in use. For example, in an inventory system, each record on master data would contain items such as code, description, unit cost, and quantity on hand.

In contrast, data that is entered and stored in the system about business transactions that have occurred is called “Transaction Data”.

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To the User, this shall constitute the very reason why the system is used to track and monitor business performance. This would be the easy part when trying out a digital business system.

Transaction data remains with the system only until the transactions are processed. Any re-processing of the same business transaction shall lead to duplication of data leading to wrong ending balance in the system. Hence, the transaction data is replaced with other transaction data for new transactions. For example, in the inventory system, each record on transaction data would contain items such as code, quantity added to stock, and quantity removed from stock.

The processing of the Transaction Data would lead to the information in the Master Data to be automatically updated.

 

Scenario Analysis No. 4 – Matching Concept

One of the way to know whether a business can survive is Profit achieved, calculated by the difference between Revenue and Expense in the P&L Account.

As noted during the #1SEM1Sistem seminar, expense that relate to the following month which have been paid in the current month shall be excluded from the current month calculation of profit.

Using accounting equation as basis, the transactions are as follows:

Asset + Expense = Liability + Equity +Revenue

Prepayment Account = Bank

(Debit: increase in asset = Credit: decrease in asset) CURRENT MONTH

Expense Account = Prepayment Account

(Debit: increase in expense = Credit: decrease in asset) NEXT MONTH

The expense shall be recognised next month. This focus on specific period of time when the revenue and expense are recognised is termed as matching concept.

Revenue is “matched” with Expense for the specific period of time to calculate Profit.**

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