Differentiate between UBS terms

31 DECEMBER 2011


Good evening to sir fenndy and our friends, hey today eve of the 2012 hope everyone enjoy their day with full of happiness and great blessings with GOD. Say bye bye to 2011, may coming 2012 make us more energetic and prosperous.

lets we talk about our topic today, first of all we like to give a little bit differentiate between;


period & accounting period

period for which a firm prepares its internal or external accounts; the period covered by the financial statements. For internal accounts, it may be a month or a quarter; for external accounts it is normally a period of 12 months.

edit & v-edit

editing is if the amount of the transaction is wrong we can use edit method by using UBS system but the same time its more easier way if we using the v-edit method it will show the overall transaction that we need to change or edit.

add entry & quick entry

add entry in UBS system the method to key in the transaction which means, this method quite complicated and  will take more time compare with quick entry method, its because quick entry method simply easy to key in transaction cause we no need to key in the amount in two side of debit & credit. it will automatically appear  the opposite side.

mioooooowwww ;)

clear files/ generate sample chart vs deleted unwanted transaction
clear files or generate sample chart is a button where we can delete all the transactions to key in new transaction. delete unwanted transaction is a button which we want to delete only the transactions that we want to erase it.

Backup vs restore

As we know,back up is to save the files so that when the company want the files,is in the backup files. Restore is to upload the backup files into the system,so that the company can check the previous transactions.

-1st Experience Approaching 1st Potential UBS Project Company-

Assalamualaikum and a very good afternoon to our readers.. As we know,today is the last day of year 2011 and tomorrow we will meet the new year,new life and new determination in 2012.. hehehe.. 
Alright,enough about the new year,we're back for the topic. hehehe.. As the previous topic, we have told about the company that we use for the project.
At first, we have two companies that we one to approach. One is the photostate shop and the other one is the services company. After asking the owner of the photostate shop, he said that all the documents is hard to get because the other owner is always outstation for business. 

After that,we plan to try our luck with the services company. We felt grateful because eventhough the company is big,but they still accept student like as to do the UBS project. However, these are the first experience for us to communicate with outsiders in working environment. This is how we gain our working experience with other people. 
Hope that this project will be run smoothly.

UBS Project : Searching companies.

As we have mentioned on the other post, the UBS project need to be accomplish by finding a company that use manual accounting record. We have found one company that use manual accounting record. The company that we choose is a services company. It easy for us to get the information from the company, because the Executive Account a friend of us. However, to key in the data is not that simple,because this company are the services type, not involve with the inventory transactions. This make us more excited and interested in doing this project.

Five new skills that we have learned today

Today we have learned new skills in UBS class and the skills made us interesting. there are five skills; which is;
1- How to key-in data using quick entry, this method can save time to key in and to avoid unbalance credit & debit amount.
2- To use the quick entry method, we need to create master account so that it can be balance automatically.
3-We learned to edit transaction by clicked at the transaction that we need to edit and change the numbers.
4-After that, we use the second method to edit the transaction by using v.edit button.this method is easier then previous method because we can edit in one time.
5-We learned how to delete unwanted transaction.
These five skills are the important skills in key in transactions.

MSU student confirmation letter its used and importance to the ubs project

A confirmation letter is written to acknowledge and confirm details. These letters can be effectively used to put oral agreements in written form. This type of letter is used to inform an individual about his/her confirmation in service, confirming the receipt of files, reports, confidential documents.

MSU confirmation letter its used for UBS project to confirm students that legally involved in this project and the company their choose also can refer to students confirmation letter before they allowed to make project with them. without confirmation letter students cannot able to involved in this UBS project. because, if any of the student need to do project with any company they should ask for MSU confirmation letter or might be the company wont trust the student.

so that's why as a MSU students we should have the confirmation letter from head of department.

why back up is important for accounting information system?

First of all we must know about backup,In information technology, a backup or the process of backing up is making copies of data which may be used to restore the original after a data loss event. 

Both individuals and businesses need to plan a data backup strategy to protect information such as business contacts, emails, text documents, presentations, contracts, accounts and other valuable information needed in performing business using their computers.

Unfortunately, saving up your files in your personal computer does not guarantee that all information will be saved. Backing up your data can prevent data loss when,Files and folders from your computer are deleted by failure or accident,Data is destroyed from hard disk error or virus infection,and Your computer is physically destroyed from natural disaster, fire or someone steals your computer.if this kind of problems occur to you backup is the best way to protect your important files,that's why we need backup.

THREE (3) UBS skills that we have learned on 15 December 2011

On Thursday,15 December we have started to learn the UBS system. We've gained THREE (3) UBS skills on that day.

1st : Skill on how to delete the old batches and to create the new batches.

2nd : We keyed in the transactions from UBS exercise book Assignment 1. While key in the data, our lecturer taught us how to key in the data using add entry where the transactions need to record twice to balance it the debit and the credit.

3rd : We've learned on how to back up the files.

These are the skill that we have learned.

UBS Project Overview. Our opinion.

On Thursday 15 December,we have a huge project that we need to do and it's namely as UBS project. Our lecturer has told us that we need to go to any company that used manual accounting in their daily business and we need to transfer it to the UBS system. The data that we use will be the 6 month transactions. In our opinion, this project is to learn on how using the UBS system in the real business transactions. It is a challenging project for us in this semester but we hope for the best for us to face it.

My 1st Blog Post Regarding Accounting Information System(DAC2183) Mini Blogging Project

This is the first time we get a project on how to create a blog. It seems fun to us because we have learn something that is new in our syllabus. What we understand about Accounting & Information System is to learn about the UBS system in more detail but this project has surprised us. We think that our lecturer has an objective to do this mini project,which is to learn how to connect with other people by discussing current issue in blogspot and to learn on how to improve our language skill in this project.

The Accounting Information System (DAC2183) Disclaimer

This blogging mini project is part of creative and innovative teaching under Accounting & Information System (DAC2183).
All posts made by the owner of this blog is solely for the purpose of discussion and academic learning only and to fulfill the requirement of mini project Accounting & Information System (DAC2183).
This is pioneer mini project for Accounting & Information System (DAC2183) and any advantages or disadvantages occured will be taken into consideration for improvement in the future.