By M. Tampoe (Auth.)
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This provides a very cost-effective business system for small businesses because accounting data can be merged with standard letters, thus making reminders, circulars much easier to produce. Also, because the 51 The Wangwriter provides 60 pages of on-line storage machines have a dual function, they provide greater value for money. Text retrieval Computer output tends at present to be biased towards numeric data. With the drop in price of computers they are being used to hold text as well as numbers.
4) Remittance advices, cheques, credit transfers and payment summaries. Payroll Payroll systems are developed to help pay wages. In addition, they also provide: (1) Personal earnings record, including earnings history. (2) Record of all deductions, both statutory and non-statutory. (3) Supplementary records on tax deducted, pension history and similar information. (4) Additional data for costing, labour rates for charging. (5) Change analysis, bank payment advices and automatic fund transfer data.
Some of the big retail stores feed this data into their computers daily thus providing them with the information on stock replenishment by store. Small businesses may process this information on a weekly basis. Credit sale systems Order processing systems which support higher volumes of credit sales need to contain much greater information to help the order processing clerk. Information commonly held includes: (1) Name of customer. (2) Address or addresses. (3) Delivery instructions. (4) Credit rating/and status.
Successful Business Computing by M. Tampoe (Auth.)