This is a presentation to identify the accounting and financial process in starbucks for Enterprise resource planning subjects

1. A C C O U N T I N G A N D F I N A N C I A L
P R E - C L A S S A C T I V I T Y W E E K 5

2. QUESTION 1
1.Identify some of Accounting and Financial functions mentioned in
the pre-recorded lecture.
Accounting is a functional area that is tightly integrated with other functional areas such as:
• Marketing and Sales
• Supply Chain Management
Accounting activities are necessary for decision making. Generally, the accounting and finance
department is at the center of any organization and is responsible for ensuring the efficient
financial management and financial controls necessary to support all business activities.

3. QUESTION 2
2. Identify at least 3 business functions related to Accounting and
Financial in the company.
Customer relationship management (CRM)
Supply chain management (SCM)
Marketing and Sales

4. QUESTION 3
3. Identify and describe problems associated with accounting and
financial reporting in the company.
Based on Oracle ERP, we can monitor and see all of the financial management in the company.
It shown that Starbucks' revenue has increased 7.1% compared to the previous time. Thus,
Starbucks’ expenses and receivables also have increased 4.1% & 13% while total bank balanace
has decrease, 2.1%. This is because Current asset declines happen all the time. A company's
cash balance rises and falls in response to inflows and outflows of operational cash and
financing activities. A reduction in one asset is compensated for by an increment in another, a
reduction in a liability or equity account, or an increment in an expense.

5. Therefore, there is about 2.1% had decreased for the total bank balance. In this case,
Starbucks must implement cost-cutting increases profitability, but only if sales prices and
volume remain constant. If cost cuts result in a decrease in the quality of the company's
products, the company may be forced to lower prices in order to maintain the same level of
sales. This can negate any potential gains, resulting in a net loss.
An even greater negative impact may occur over time as a gradual loss of market share makes
it impossible to maintain sales figures. However, if a company can efficiently cut costs without
sacrificing quality, sales price, or sales figures, it will be on the road to greater profitability.

6. QUESTION 4
4. From the perspective of Accounting and Financial, investigate how
ERP help the companies?
ERP helps Starbucks by showing the revenue analysis and the information such as revenue,
expenses, sales data, inventory management, and operations update at a glance. In marketing and
sales (M/S) function, the function provide the sales order data to accounting and finance (A/F)
department, while A/F department will provide the cost or profit analysis for the M/S function. As for
supply chain management (SCM) function, SCM provide production plans, materials, and inventory
to A/F function, while A/F function provide sales data and manufacturing cost analysis for SCM. In
human resources (HR) function, A/F department received payroll and benefit expense data from HR,
and A/F functions will provide hiring needs and personal information to HR. This is how the ERP
function in Starbucks which helps the company to maintain its competitive advantages.

7. QUESTION 5
5. Identify the ERP tool that the company subscribed.
Starbucks subscribed Oracle OLAP to manage their enterprise operation.

8. THANK YOU