Comparison of MYOB Account Right Enterprise v19.6 and Xero Accounting Software for Revenue Cycle Activities and Controlsby Fiverr Tutors
Comparison of MYOB Account Right Enterprise v19.6 and Xero Accounting Software for Revenue Cycle Activities and Controls
Undertake analysis in your team and write a business report In a team of three or four ONLY, analyse MYOB and Xero, addressing the four requirements below, the requirements set out in the assessment criteria at the end of this document :
1. Evaluate and compare the capacity of MYOB AccountRight Enterprise v19.6 and Xero to support organisations in undertaking the four basic activities of the revenue cycle
2. Romney et al. (2013) lists seven control procedures categories on p. 149. Analyse and compare the extent to which MYOB AccountRight Enterprise v19.6 and Xero have in place adequate controls for TWO of the seven control categories for the revenue cycle, or that affect the revenue cycle. Note that not all the categories may be relevant.
3. Decide on a team recommendation to LAS on which of the two software packages will be suggested for use by their small business clients. Your recommendation should be based solely on analysis of each package’s capacity to support the four basic activities of the revenue cycle AND the extent to which each package has adequate controls for TWO of the seven control categories for the revenue cycle, or that affect that cycle.
4. As consultants employed by NBA, prepare a formal business report which includes your recommendations derived from your evaluation and is addressed to the manager of the Launceston Accounting Specialists. Follow the Business Report Structure provided to you by linked to above.
Set out your findings and recommendation in a professional quality business report of approximately 2500 word