Technical Paper : Final Project Plan Due Week 10 and worth 200 points
Especially for You Jewelers is a small jewelry company in a college town . Over the last couple of years , it has experienced a tremendous increase in its business . However , its financial performance has not kept pace with its growth . The current system , which is partly manual and partly automated , doesn ’ t track accounts receivables sufficiently , and the company is finding it difficult to determine the reasons why the receivables are so high . The company runs frequent specials to attract customers but has no idea whether these efforts are profitable or if the benefit — if there is one — comes from associated sales . Especially for You Jewelers wants to increase repeat sales to its existing customers ; thus , it needs to develop a customer database . It also wants to install a new direct sales and accounting system to help solve the outlined problems .
The new direct sales and accounting system for Especially for You Jewelers will be an important element in the growth and success of the jewelry company . The direct sales portion must track every sale , be able to link to the inventory system for cost data , and provide a daily profit and loss report . The customer database must be able to produce purchase histories to assist management in preparing special mailings and special sales to existing customers . Detailed credit balances and aged accounts for each customer would help to solve the problem with the high balance of accounts receivables . Special notice letters and credit history reports would help management reduce accounts receivable .
Write a six to eight ( 6-8 ) page paper in which you :