Modelling the finances of a business

Introduction The aim of this coursework is to design a new system for a company called Mig importers and exporters. This company imports a variety of textiles from Asia and the Middle East and sell them wholesale in Europe, mainly in the UK. Currently the company uses a manual based system to manage their finances, this involves using a lot of filling cabinets to store the data and invoices and then calculating the company's profit …

…re-type the information and the computer will check the two against each other. If the data is identical then it will be processed for further calculations and if not then you are told to check it. This can be expensive as two people have to type the information and it takes much longer. This method will be both time consuming and money consuming but proof reading will be useful if done by the same person.