N6 Computerised Financial Systems

Computerised Financial Systems Downloaded from hlayiso.com N6

Module 1 – Financial statements on an accounting package REPORT WRITER The report writer is used to create reports such as Financial Statements and Budgets according to your own requirements. The report offers you access to current and last year's values as well as last year, current year and next year budgets. To create a report select View, General ledger, Report writer. Downloaded from hlayiso.com www.futuremanagers.com

Module 2 – Analysis and interpretation of financial statements FORMULAE Formulae can be used to calculate the following: • Gross profit percentage; • Stock turnover rate; • Net profit percentage; • Average collection period of • Rate of profitability on capital debtors; investment; • Debtors turnover rate; and • Working capital ratio; • Average payment of creditors. Downloaded from hlayiso.com • Acid test ratio; www.futuremanagers.com

Module 3 – Advanced document project on a computerised accounting package INTRODUCTION A spreadsheet program is used to manipulate and perform numerical calculations. With the aid of a spreadsheet, one is able to perform various calculations ranging from very simple to very complex mathematical and financial calculations. Downloaded from hlayiso.com www.futuremanagers.com