Champ's Sales and Inventory System

In: Other Topics

Submitted By lbertz1
Words 837
Pages 4
Champ’s Sales and Inventory System

A Project Presented to the
Faculty of College
St Michael’s College
Iligan City

In partial fulfillment of the Requirements
For Software Engineering


Albritz B. Centural

March 2016

Chapter 1

Nowadays all establishment are becoming modernized, they use modern technologies to make their transaction fast, easy, and accurate in order to avoid waste of time and for the sake of safety and security. It also helps human to solve and understand complex problem and analysis such us the computational need of humans. Especially to business establishment or corporation processing enormous data and complex transaction.
The system is designed for the enhancement of the current Champs sales and inventory system. It includes the features that can add products, Stock reports, Inventory and the Sales of the store.
With this, the researcher wants to propose Champ’s Convinience store sales and inventory System. With the proposed system the Store will have a system capable of there Sales and inventory of their products. 1.2 Statement of the Problem
This study seeks to give essential solution to the following problems: *

1.3 Objective of the Study
The objectives of the study are the following:
1.4 Scope and limitations of the Study
Limitation * Only the admin can add the products.
1.5 Significance of the Study
Employees. This study can discipline employees in a store and develop employees’ ability to act like a professional in their discipline.
Company. This study will help to build an effective relationship between admin and staffs.
Manager. a person who controls and manipulates resources and expenditures, as of a household.
Future researcher. This proposed study will benefits and help future researcher as their guide…...

Similar Documents

System Inventory

...University of Phoenix Material – Phineas Johnson System Inventory Select and complete one of the following assignments: Option 1: Virtual Organization System Inventory - Phineas Johnson has chosen Option 1. Option 2: General IT System Inventory Option 1: Virtual Organization System Inventory Select one of the following Virtual Organizations: • Smith Systems Consulting • Huffman Trucking • Kudler Fine Foods – Phineas Johnson has chosen Kudler Fine Foods. Complete the following chart, filling in information for each system used at that Virtual Organization. Add rows to the chart as necessary. |System Name |Brief Description |Department to Use |Purpose of the System |Connects With |Development Details | | | |the System | | | | |Management Support |It extends the information|Sales and Marketing|To increase the |Issues and |It’s a valued system in the | | |retrieval capabilities of | |information recovery |individuals within |company. | | |the end users with query | |abilities of users. |the company that | | | |and analysis functions for| | |examine......

Words: 356 - Pages: 2

Inventory System

... Inventory Valuation Overview Learning Team B Zhra Ghavam, Rochelle Ingram, Chris Staphylaris, and Glorina Tukes QRB/501 31 January 2013 Instructor: David Libhart Inventory Valuation Overview The inventory a company holds often accounts for a significant portion of all assets with a direct correlation to the balance sheet. Inventory includes assets intended for sale, assets in production, and assets that will be used for future production of goods. A company’s ending inventory can be calculated by adding the value of any beginning inventory with net purchases then subtracting the cost of goods sold. The equivalent mathematical representation is: Ending Inventory = Beginning Inventory + Net Purchases - Cost of Goods Sold (Inventory valuation, 2010). While there are numerous industry recognized standards for a valuation of inventory, three of the most common valuation systems include First-In, First-Out – FIFO, Last-In, First-Out – LIFO and Just-In-Time – JIT valuation systems. First-In, First-Out Goods processed or received by an organization are placed in holding as First-In, First-Out; this inventory system is used to track product for use and revenue gained. In the FIFO inventory valuation system, assets or inventory received first are the first ones to be......

Words: 2902 - Pages: 12

Inventory System

...are now making their systems computerized since that helps them minimize the time and efforts consumed by using manual system. Point-of-Sale Inventory System is one of the essential components of a successful business. It is a modern replacement for cash register in retail applications. It can help to record securely all the sales and customer’s orders and track products. A sale refers to the exchange of product or services for an amount of money or its equivalent while inventory, on the other hand, is the total amount of items and the act of counting them. A pharmacy owner must know the precise number of items in their storage areas in order to place orders and control losses up to date. Hence, computerizing both Sales and Inventory System will make an easier and faster transaction among the customers as well as monitoring the stocks of the products. Furthermore, the system also gives the person up-to-the-minute and detailed information on each item in your inventory. He/she will know exactly how much inventory comes in; is on-hand now, and where it goes. In fact, most entrepreneurs these days find that computerizing a system gives them a far wider range of information with less effort. Sales and inventory programs now on the market allows one to track usage, monitor changes in unit costs, calculate items when you need to reorder, and analyze inventory levels on an item-to-item basis. In contrast, using a manual Point of Sale (POS) with Inventory System can affect the......

Words: 16309 - Pages: 66

Sales and Inventory Management System

...Every business owner wants to know which product sells the most, which customer(s) or client(s) buys frequently, how much inventory is on hand, and what method is preferred by customer when paying and how much did they actually sell on a particular day. The sales and Inventory system issoftware that manages incoming and outgoing stocks, sales, quotations and inventory report etc. The system features point of sales, tracking of employees’ payables and other company’s features. The automation process has also extended more in various companies since expansion of transactions in every company’s branches have been maximizing too. This has been the concern of the study to initiate something beneficial to a company. The study intends to develop a sales and inventory system for the company of Dwinar Computer Center. The purpose of having Sales and Inventory System is to process the tracking inventory products as well as the sales transactions. This support updating information for all items, monitoring inventory depletion and importing and exporting inventory information to form and from external system of records. It does almost every work which is related to an automatic sales and inventory via sales transactions and it is automatically directly to an inventory products. It generates reports in a particular given situation. The Sales and Inventory System is developed as per seeing the increasing requirement to speed up the work and incorporate a new work culture. Thus new......

Words: 3062 - Pages: 13

Sales and Inventory System - Chapter I

...Chapter I Background of the study An automated system nowadays is becoming prominent for a business that needs accurate, efficient and reliable results. Today, many businesses are engaging to automated systems, its manual setup can be applied automatically through computer. By using a computer, a business can perform its transaction in a less amount of time. Having a way to organize transactions by the use of automated system is an asset. Especially when you apply the automation to the most commonly used transaction, Sales and Inventory System. Inventory is a list of goods and raw materials that is needed for the everyday production of a business which is held available in stock. Updating the records of the stocks in a business plays an important part for the organization of business functions. Manual application of transaction can bring interruption, thus, the Automated Sales and Inventory System is considered as the best solution to this problem. A business owner can franchise more than one line of franchise, Mrs. Teresa has a group of franchised business which she named, R and E food station. Her business started last February 2014 and successfully opened 2 branches in 3 months. Since then, they record their daily sales and inventory manually by the use of record book and Microsoft excel. It starts from counting and checking their previous available stocks individually, computer for the total used stocks, record it in a record book and update the whole record in......

Words: 927 - Pages: 4

Inventory System

...Shop Inventory System Student No: 081835 : 082232 An Information Systems Project Proposal Submitted to the Faculty of Information Technology in partial fulfillment of the requirements for the award of a Diploma in Business Information Technology Date of Submission: 10th February, 2015 Declaration We declare that this project has not been submitted to any other University for the award of a Diploma in Business Information Technology. Student Signature: Sign: ________________________ Date: ________________________ Sign: ________________________ Date: ________________________ Supervisor’s Signature: Sign: ________________________ Date: ________________________ Abstract In today’s growing market many businesses are turning towards automated systems to perform their everyday tasks. Automated systems have proved to outdate the cost and time wasting processes that are done and completed by manually while providing most businesses with more accurate and reliable data. The system will handle the processes in a well-manner running on a specific time, reducing the overwhelming power of doing them manually taking note of the products diversity. It will allow the business to input their inventory and track products that are delivered and sold on a daily basis. At the time of arrival of new ordered stock, the goods are registered into the......

Words: 6438 - Pages: 26

Computerized Sales and Inventory System

...SYSTEM SELECTION Proper heating and cooling system selection takes into consideration fuel sources (e.g., natural gas and electricity), distribution mechanisms (e.g., air and hydronic), equipment options (e.g., furnace and heat pump), and equipment efficiency. Perform a life-cycle analysis of various properly sized HVAC options to select a cost-effective system. Cost considerations include equipment and installation prices, annual heating and cooling expenses, and maintenance costs. Although more difficult to evaluate, equipment reliability, longevity, warranty coverage, and safety are also important. For example, the heating fuel source directly impacts operating costs. Also, high-efficiency heating equipment often costs more than standard-efficiency models, but it costs less to run. So the life-cycle cost—rather than initial purchase price—may make high-efficiency equipment or one fuel rather than another the economical choice. Some HVAC contractors and local utilities provide life-cycle analysis of various equipment options. A summary of many easy-to-use software products for estimating annual heating and cooling costs is compiled by DOE’s BTS ( WHY SIZING IS IMPORTANT A common mistake in the heating, ventilation, and air conditioning (HVAC) industry is to oversize heating and cooling equipment, especially air conditioners and heat pumps. Bigger does not always mean better. Overcapacity equipment has a higher......

Words: 333 - Pages: 2

Sales and Inventory System Utilizing Barcode Technology

...for the Choice of the Study: The proponents chose to generate an Automated Sales and Inventory System Utilizing Barcode Technology for the *name of company Whey King* to set their time and effort at ease as this system will be able to eliminate the hassle of entering data manually. With the help of the barcode technology, the proponents aim to eliminate the possibility of human error with the companies’ processes. The occurrence of manually entered information should become lesser with the use of the proposed system. A barcode scan is swift and consistent, and takes lesser time than the manual entry of data. The Proposed system will also be able to save employee’s training time for it only takes a few minutes to be familiarized with the handheld scanner. Furthermore, the system ought to make the employee training less expensive since they do not have to be paid extra for spending hours on training, and another employee does not have to be compensated for training them. Importance of the Study: The Proponents believe that the company will be able to operate more efficiently when all of its processes are conducted in a consistent and accurate manner whether it is done manually or automatically. The proposed system does not only provide accurate report but also provides a breeze on preparation of financial statements for the company. It gives an excellent summary of the company’s expenses, sales, losses and profits that are essential in reporting taxes and other......

Words: 434 - Pages: 2

Sales and Inventory

...Overview of the Report The main objective of the study is to create an sales and inventory systemfor WMV Enterprises. With the use of the system, the retrieval process willspeed-up.   To be able to generate immediate sales report. With the use of thesystem, the incomes are classified as product sales. The total sales areautomatically computed and sales report is generated. In addition, the user canalso view the total sales daily, weekly,monthly and yearly. In this way, it canproduce an immediate sales report. To provide an efficient monitoring of stocksand re-ordering. By checking in the system, it will be easy to identify the numberof available and lessening product and which is need to re-order. In addition, theexpiration of the product is also monitored in the system. Brief Description of the System Information Technology or I.T is endless important to a business due toits plethora of function. Firstly I.T can be used to enhance your customersexperience with your company, through use of a well-designed website. Thisallows you to connect with people that you may not have previously been able toreach, due to them living away from cities or even branching out overseas. Thisis profitable for a business as quite simply, it brings in more customers andtherefore more money.The used of automated system nowadays has a great impact in manydifferent fields, especially in businesses. In this dynamic environment, theinformation processing of the business operations relies on the......

Words: 265 - Pages: 2

Sales and Inventory System

...and automated systems. And in fact, nowadays, the use of computer-based business system has become prevalent all throughout the developed and developing countries around the world due to the increased productivity and efficiency of data processing. In the case of Montejo Newspaper Supply and Magazine Distribution they are currently using the manual sales and inventory system wherein computing for these are done manually. But in dealing with these transactions, accuracy, reliability and speed of human skills in performing these transactions are limited because clerical errors are often inevitable. Because of these, they accepted our proposed system. With the Montejo Newspaper Supply and Magazine Distributor, the tracking of sales, controlling of inventory, recording of products, calculating of numerical data and searching, sorting and filtering of item will translated into an automated process which considers speed accuracy, orderliness and maintainability of the system. Objectives of the study The researchers aim to accomplish the following objectives: 1. To develop a system that will lessen the time consumed for every inventory transaction. 2. To create a secured system that will provide restrictions to different types of users with authority. 3. To create an inventory system that will have automatically update the counts of products. 4. To design a user-friendly interface specifically, for adding, editing and retrieving of records. 5. To create a system that......

Words: 636 - Pages: 3

Inventory System

...INTRODUCTION Background of the Study Inventory is basically the total amount of goods and materials held in stock by a factory, store and other business. An inventory system is a process whereby a business keeps track of the goods and material it has available. In its simplest sense it can be done manually by a count at the end of each day. In this way it is possible to keep a record of the goods coming in to the business and goods being sold. (Chapter 1 Inventory System, 2011) Since manual inventory consumes a lot of time and is prone to errors, it would be helpful to build a system that will computerize the transactions from acquisition of the product description to updating the inventory database. The computerized inventory system will improve employees’ work efficiency by computerizing routinely and time consuming tasks such as the time spent in taking down product information. As a result, the time can be used in more productive activities. The accuracy of the current system will also be improved, since the computerized inventory system would eliminate the need of constantly encoding lengthy details of products by having an inventory database. Monitoring encompasses the tracking of individual processes, so that information on their state can be easily seen, and statistics on the performance of one or more process can be provided. The Baguio City Hall Monitoring and Inventory System for Supplies and Properties is a proposed system to the Baguio City Hall –......

Words: 1888 - Pages: 8

Inventory System

...Pamplona Tres,Las Piñas City Title: Computerized Inventory System Subject: Software Engineering Author: Bautista,Jan Royette L. Calim,Michellle Lumbang,Matt Andrew Degree: 2nd year student Date Started: January 2016 Date completed: Objective of the Study The general objective of the study is to develop a computerized inventory system that will make the owners inventory system easier and comfortable for the benefits of the company. And to identify a minimum stock level to keep detailed records with a good inventory system. Scope and Limitation The Computerized Inventory System provides a good quality system that can organize the food inventory system easier than manual of the system. The Inventory keeper of the company can handle the security of their inventory using the system provides. The system we provided is limited because it only keeps or stores the inventory record. Easily deletes the data in the system. The other limitation is that an employee might enter data incorrectly, introducing inaccurate information that can compromise decision-making. Output of the study A computerized inventory system can manage the stocks of their inventory if it is low count or a big count of food supply. The system can be also use for keeping the previous data of the food inventory. Stores the food stocks and manage inadequate and......

Words: 4399 - Pages: 18

Sales Inventory System

...Chapter 1 1.1 Introduction Sales inventory systems are often standardised i.e. A business will adopt a general model for their own use. This means that they are able to track sales of a product and match it against their existing inventory to regulate how much stock they keep to hand and how much it costs them to do so. Obviously this is necessary for any business in order to run efficiently. Sales and Inventory Control is an inventory tracking system that gives you up-to-the-minute detailed information on each item in your inventory. You'll know exactly how much inventory comes in, how much is on-hand now, and where it goes. While manual methods may have their place, most entrepreneurs these days find that computerizing gives them a far wider range of information with far less effort. Sales and inventory programs now on the market let you track usage, monitor changes in unit costs, calculate when you need to reorder, and analyze inventory levels on an item-by-item basis. Indeed, automation process or electronic-based operations have invaded every work place. It is being employed into operational activities to be able to simplify all related activities and operations. Every business owner wants to know which product sells the most, which customer’s or client’s buys frequently, how much inventory is on hand, and what method is preferred by customer when paying and how much did they actually sell on a particular day. The sales and Inventory system is software that manages......

Words: 956 - Pages: 4

System and Inventory

...reports manually and have not manege to upgrade to a computerized system which will be a big improvement to their business operations like most successful business today. 1.2 Overview of the Current State of Technology 1.3 Project Rationale This Computerized Sales and Inventory System for (campany name)will improve their business transaction efficiency with its capability of securely compute, manage, save, back-up, restore and check critical inventory level all their business transaction information. Project Description 2.1 Problem Statement * To create a module that will always monitor the number of their products sold and stored * To create a module that will generate reports * To create a module that will maintain file in a safe storage * To create module that will store data accurately in a secure database 2.2 Proposed Research Project 2.2.1 General Problem * The company encounters problem on ordering of products. They are checking the stocks manually that can result to some confusion and inaccuracy 2.2.2 Specific Problem * The list of products information is only recorded in their logbook. 2.3 Proposed Research Project 2.3.1 General Objectives * To develop a Computerized Sales and Inventory System for (company name) 2.3.2 Specific Objectives * To provide a module that will handle inventory monitoring * To provide a module that will handle sales transactions and payments. * To provide a......

Words: 584 - Pages: 3

Inventory Systems

...Inventory Systems and Calculating Revenues, Expenses, and Income Inventory Systems and Calculating Revenues, Expenses, and Income QS 5-8A Contrasting periodic and perpetual systems Identify whether each description best applies to a periodic or a perpetual inventory system. a. Provides more timely information to managers. - Perpetual b. Requires an adjusting entry to record inventory shrinkage – Perpetual c. Markedly increased in frequency and popularity in business within the past decade. - Perpetual d. Records cost of goods sold each time a sales transaction occurs. - Perpetual Cost of goods sold = (Purchases + Beginning inventory – ending inventory) Gross Profit = (Net Sales – COGS) Net Income (Gross Profit – Expenses) a.36000 + 6000 - x = 3405042000 - x = 34050-x = -7950x = 7950 | b.x + 17050 - 2700 = 15900x + 14350 = 15950x = 1600 | c.36000 - x = 3750-x = 3750 - 36000-x = -32250x = 32250 | d.32000 + 7000 - 6600 = x32400 = x | e.5600 + 2560 - x = 56008160 - x = 5600-x = -2560x = 2560 | | | x + 7500 - 9000 = 32250x - 1500 = 32250x = 33750 | x - 32400 = 45600x = 78000 | | Journalize the following merchandising transactions for CSI Systems assuming it uses (a) a periodic inventory system and (b) a perpetual inventory system. 1. On November 1, CSI Systems purchases merchandise for $1,400 on credit with terms of 2_5, n_30, FOB shipping point; invoice dated November 1. n_30, FOB shipping point; invoice dated November 1. 2.......

Words: 310 - Pages: 2