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Unformatted text preview: worked. Every employee records their hours on an hour sheet and submits it to the employer for wage calculation. Inaddition to paying the employees, the employer has to consider overhead expenses, such as purchase of supplies and other miscellaneous expenses. In order to know what supplies are needed, the firm checks for inventory and sends request to suppliers, who in turn send the firm an invoice of the amount it should cover. All these amounts are expressed in the invoiced database and are verified by the firm. The invoices are the sent to the accountant for taxations. Sales taxes and firm taxes are stored in separate databases and are also sent out to accountant as well as the government for further processing taxation....
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This note was uploaded on 11/09/2011 for the course MISC 350 taught by Professor Kiturberg during the Spring '11 term at University of Arkansas – Fort Smith.
- Spring '11