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.