Chapter 1
Chapter 1
Chapter 1
THE PROBLEM
However, while some businesses managed to catch up with the trend with
regards to technology advances, others were left behind. (Bendoza, et. al.,2013)
Most businesses envision to grow bigger and to achieve that, it must keep up
with the fast change of business and technology environment. One of these
Using manual system could result to human error, delayed of reports are
represents the claim of the company in exchange for the goods and/or services
it offered. Its management is of essence as it is also a source of funds for the firm.
Corporation sells these products in cash and installment mode of payment. One
advancement, they demand a high quality and the up-to-date version of which
they will use to travel safely and fast from one place to another and others use it
also for social status. With these reasons, the demand for these products is high;
cash and credit sales are also rapidly increasing. Therefore, recording a large
volume of transaction is very time-consuming and the risk to make an error is high
services and selling products like Carmak. It is mostly concerned in keeping and
updating records of all the transaction in the business. One purpose of billing and
because it helps them make reports easier and faster; and update their
system which can help Carmak Motors in minimize, if not to eliminate, the
System for Carmak Motors in order to solve the existing problem encountered by
the entity?
4. What will be the benefits of the proposed billing and collection system?
billing and collection system that will enable the company to achieve a higher
Given the general objective, the researchers will address these specific
objectives:
system for Carmak Motors in order to solve the existing problems encountered by
the entity.
4. To list down the benefits of integrating the proposed system.
Street, Baguio City. The main focus of the study is on the billing and collection
system, and etc. It will not also include the preparation of financial reports of the
that will lead to a more effective and efficient billing and collection of Carmak
Motors.
The billing and collection system covers all procedures involving the
customers accounts and report generation. The process also includes the credit
will remain to be done manually even with the aid of the computerized
proposed system.
SIGNIFICANCE OF THE STUDY
faster. The researchers need to study the problems that the company is going
come up with thorough stipulations of what the system will accomplish based on
day operations and improve the service being offered by the company. As a
result, it could benefit the company, cashier, bookkeeper, clients and the
researchers.
To the Management:
Motors. This study helps the management explore and appreciate the
expands.
To the Researchers
To the Readers:
in Billing and Collection System. It will also help them understand situations of
To the Customers:
This study will improve and ensure the accuracy of payments they have