The project of creating the united accounting system for considering both accounts receivable and accounts payable generally requires the additional considerations of the financial statements and the financial flows of the company. Consequently, it should be emphasized that the matters of traditional accounting are not applicable.
Originally, the accounting system of the IT company should be properly tested and well documented, as the principle of accounting in this particular business sphere is mainly based on electronic payments. The appropriate system of development approach should be based on traditional and the universal Six Sigma Tool.
- Define. Find the evident problem, which may create obstacles for the project implementation.
- Measure. Define the results and the aims of the project implementation.
- Analyze. Study the possible consequences of the project implementation.
- Design. Create the project, considering all the possible factors of the previous analysis and the particularities of the IT-sphere.
- Verify. Confirm the implementation, complete it and control the newly implemented project for defining the possible mistakes (test stage).