Individual reflection by DAWN PHUA PEI SHAN

And yes, finally, i can officially say it is done. (: (: (:

Alright, lets reflect on the overall project. First word that comes to my mind is commitment. I believe that for this project to be completed is only possible with commitment. And i must say, that it was hard for some due to cca's and other commitment but then again, everything worked out eventually. And the next word to describe the project is tedious. It definitely needed more than 6 meetings to complete the entire CAS project. Definitely beats the other projects by way lot more. Just the surface and to get the ball in the court, we keyed in the opening balances. Wasn't that bad. (: But the issue was, getting familar with the Accpac software. Try and error re and finally, we got the hang of keying in the opening balances . From this, i learn that, its just a matter of playing around with the software to get used to it, and from there, the software actually makes our job easier. (:

Moving on, we moved on to the body, which are the transactions for the month. Being all narrow minded and blindly following the accpac manual, we keyed in all the transactions including credit sales and purchases in to the GL batch list. Thinking about it, we even stayed back for 2 days doing up all entries, and debating on which to debit or credit. After which, we realised our mistake. : We had to delete accounts and re-enter the credit sales into the AR batch list and credit purchases in the AP batch list. How silly we were. From this, i learn to, not to be over reliant on past information. Try to deal with the situation and be flexible. :D

Then we had a few hicups here and there. Like the addition entried needed to be entered into the systems, deciding on the various recurring entries and lastly, small typo errors. Thus we were kind of hovering around the adjustments of entries and re-reading the appendix to ensure that nothing is left out.

We have ended GL, AR and AP. We gave the entire projet a check. And we found this very significant mistake in the AR opening. As we all know that the opening is some what like the root to other receipts, thus, we started thinking what shall we do since we had already posted the opening AR batch. Thus we consulted the teacher and, we took his advice. We did the following adjustment in the AR adjustment batch list. Yeah, and we were almost finishing up already. Where we realised the wrongly categorised sales and sales return. I was like, "not again" I thought we were ending. Okay, as again, we did the adjustment for them all and this time, i think we are left with minimum. So from all these, i really learn that the starting of the project can never be as difficult as the closure to a project. Therefore, never give up half way and work it all the way.

And so lastly, We did a few last check and then check the reports against the check list before printing the report. I thought printing would be fun like printing almost mean that you can hand in already yet again, i must say, it is tedious. After printing, we did some highlighting of the batches to inform the tutor a few errors that we have made. Almost there !!

Tighten up the internal control and then, off to binding the entire thick document. (: (: (:

I've definitely learn and understand the usage of Accpac better which i believe will be useful for the future. Working as a team, i have learn to give and take and learning the essence of control. And definitely, i enjoy working with my groupmates. No doubt they are understanding, they know what is required.



Thats all.