ABSTRACT
The work presents a design of a Revenue cycle and access management system for NEPA. There are several ways in which the term revenue is used. A revenue account is the equivalent of the profit and loss account. Revenue expenditure (as distinct from capital expenditure) is expenditure that is deemed to affect only the current accounting period and is therefore written off to the revenue account during that period. Judgments also have to be made on when a company should or can recognize revenue. In general, it depends more on when contractual obligations are fulfilled than when the money is received; for example, revenue is normally recognized when delivery has been made and the goods have been invoiced even though the payment may not be received for another month.
The
Revenue cycle and access management system (RCAMS)
is a tool that will assist NEPA
administrators in interpreting the revenue outcomes of operational
decision-making. It will help administrators to decide whether their programs revenue
health is better or worse than during previous accounting periods or past
budget periods.
ORGANIZATION
OF WORK
This
project work is primarily designed to give an insight to Revenue cycle and access management system.
Chapter one
talks about introduction to Revenue
cycle and access management system, study of problem and objectives as well as
definition of the scope.
Chapter two
comprises the literature review. Chapter three gives the detailed information
about the existing (old) system, while chapter four and five deals with the
design and implantation of new system.
Chapter six
document the project work, while chapter seven summaries, conclusion and suggestions were made.
TABLE OF CONTENTS
Title page i
Certification ii
Dedication iii
Acknowledgement iv
Abstract v
Table of contents vii
CHAPTER
ONE
INTRODUCTION 1
1.1 Background
of the study 1
1.2 State of the
problem 2
1.3 Purpose of
the study 3
1.4 Aims and
objectives 3
1.5 Scope of
study 5
1.6 Limitations
of study 5
1.7 Assumptions 6
1.8 Definition
of terms 7
CHAPTER
TWO
LITERATURE REVIEW 8
CHAPTER
THREE
Description and analysis of existing system 15
Fact finding method used 17
Organization structure 19
Objectives of Existing system 21
Input, Process and Output Analysis 22
Information Flow Diagrams 26
Problems of the Existing System 27
Justification of the New System 28
CHAPTER
FOUR
Design of the New System 30
Input Specification and design 30
Output specification and design 32
File Design 34
Procedure chart 36
System flow chart 38
System requirements 40
CHAPTER
FIVE
Implementation 42
Program Design 45
Program Flowchart 48
Pseudo code 54
Source Program: Test Run 59
CHAPTER
SIX
Documentation 60
CHAPTER
SEVEN
Recommendation 62
Conclusion 64
Bibliography 65
1.0 CHAPTER ONE
INTRODUCTION
The Revenue cycle and access management system (RCAMS)
is an operational system that supplies the reports and data that are used for
the audit of the Custodial Revenue Statements of the IRS by the General
Accounting Office (GAO). A major objective of the custodial Revenue
reporting system is to be continuously and accurately responsive to regular and
ad hoc requests for custodial revenue reports.
Access control is the ability to permit or deny the use of a particular resource by a particular entity. Access control mechanisms can be used in managing physical resources (such as a movie theater, to which only ticket holders should be admitted), logical resources (a bank account, with a limited number of people authorized to make a withdrawal), or digital resources (for example, a private text document on a computer, which only certain users should be able to read).
Revenue and Refunds
This system is used to identify all of the detailed transactions that posted to the Individual Master Files (IMF), Business Master Files (BMF), Individual Retirement Accounts File (IRAF), and Non-Master Files (NMF) during the fiscal year. These detail transactions are broken down into Revenue transactions, Refund transactions, Other Transactions that are part of the fiscal year, and Other Transactions that are not part of the fiscal year. Once these breakouts are done, revenue and refund reversal transactions are matched to the transactions they reverse. Paper and electronic reports are generated and distributed to the Office of the CFO and to GAO. The detailed files provide support for the amounts from the Interim Revenue Accounting Controls System (IRACS). The files are also made available to GAO for sampling and to validate the revenue statements.
BACKGROUND
OF STUDY
The National Electric Power Authority (abbreviated NEPA) is an organisation governing the use of electricity in Nigeria. The company runs a football team, NEPA Lagos.
History
In the early 1960s the Niger Dam
Authorities (NDA) and Electricity Cooperation amalgamated to form the
Electricity Cooperation of Nigeria (ECN). Then, immediately after the Nigerian
civil war the management of ECN changed its nomenclature to NEPA. What is
currently called the Power Holding Company of Nigeria was formally known as
National Electric Power Authority.
For several years despite consistent perceived cash
investment by the Federal Government, power outages have been the standard for
the Nigerian populace, and are now seen as normal by the citizens of the
country.
Local
distribution companies
The government has divided the current NEPA distribution sector into
separate companies or entities that will be called Local Electric Distribution
Companies or Local Distribution Companies (LDC) among the regions.
STATEMENT OF PROBLEM
Owing to:
Owing to:
Accessing the organizational data/information
unauthorized
Fraudulent act of some
customer/workers
Sensitive nature of
bank data/information
Valuable or costly
items in bank
Increase in crime in
our society
The need arise for the development of Revenue cycle and access management system to eliminate such problems.
DESIGN AND IMPLEMENTATION OF REVENUE CYCLE AND ACCESS MANAGEMENT SYSTEM CASE STUDY OF NEPA
