Cash receipt generating system is a viable source in any business organization and ventures and so on, its main purpose is to maintain a more reliable records of money coming into the organization firm and money going out from the firm. This is look upon the view that the business organization must have that exchange market with each other. It is a sore fact that the most have been a contract of which, there is an obligatory task that stands the terms of agreement it could be a payment to their client or partners or from their client who pays into their own account. Another thing matters weather it will be cash without remark balance or install mental and how many installment it is going to be.

This is clearly stated in the organization activities and manner of operation. When ever there is payment, there is also the issuing of receipts this is centered on the writing of what each party has in stock.

1.1 JUSTIFICATION OF THE PROJECT

For there to be a computerized business operation, the business most be look upon in new way of existence. No only being concerned with customers, prices output and so forth one should also consider the fact that data forms, information flows, procedures etc. it is momentous on the basic fact that computers are used as a coexisting element to information systems. This application is effective and productive because it enhances to process a more better information system (Automated)

On this work, we shall basically lok upon the possibility of making the outline orderly model of designing effect changes. The process of changing system is systematic such that it is a repetitive process. It is a fact to say that every system has what is called life cycle especially information system. By reviewing and modifying them, we say. It is a system development cycle. The routine is always cyclical. It is on the system development that the familiar input processing output feedback pattern of all systems. The system development contains the output which consist of various organization information systems. The feedback components helps evaluate the effectiveness of the system in terms of changing requirements.

IN THE PROCESSING COMPONENTS WE HAVE THREE PARTS

System Analysis

System Design

System Implementation.

None of these parts can be considered apart from the other two. To be courtesy, I would say that the activities involved in system development is interlinked set.

1.2 DEFINITION OF PURPOSE

The rate of accepting different sources of receipt by the topic of term paper into an organization keeping track of the files can at any time operates the organizations and clients financial report.

1.3 STATEMENT OF THE PROBLEM

Cash Receipt system of Rorban Stores LTD is to keep records of all receipts of purchases and sales made.

By so doing, they keep information concerning each transaction such as the name of client, address, data of transaction, description of goods. Quantity of goods, model number of the goods, the amount of the goods.

Inside this record the company can then know the financial reports of both the clients and the organization itself.

1.4 SCOPE (DELIMITATION) OF THE PROJECT

This term paper is basically restricted to Rorban Stores LTD, as a case study for the term paper. Looking Rorban Stores, the cash receipt systems is restricted only to the

1. Purchase receipt and or invoices

2. Sales receipts and or invoices

Other organization may run a different receipt system. At this term paper we shall base only on sales and purchases.