Riordan Manufacturing
Riordan Manufacturing has three operating entitiesÂ…Georgia, Michigan and CaliforniaÂ…plus a joint venture in the People's Republic of China. Basically, the operating entities each have their own Finance & Accounting Systems and they provide input that is consolidated at CorporateÂ…San Jose. The basic components of each system are as follows:
General Ledger
Accounts Payable
Accounts Receivable
Order Entry
Procurement
Sales and Purchasing History
Invoicing and Shipping
Payroll
Financial Reporting
EDI*
Bar Code Reading*
EDSS (Executive Decision Support System)*
*San Jose Only
Accounting software includes:
1. Point of sale – cash register scanning
2. Inventory – goods, raw materials, finished products
3. Time – billable hours
4. General ledger – accounts
5. Accounts payable – amount company owes
6. Accounts receivable – amount customer owes
7. Billing – invoices in response to purchase orders
8. Collections – tracks overdue bills
9.......
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Approximate Pages: 2 (250 words per double-spaced page)
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