Mobile Self-financing and Accounting Software Application for Small and Medium Enterprises.

Mobile Self-financing and Accounting Software Application for Small and Medium Enterprises..

Project Aims. This research study looks to create a professional framework and software application, which can be used by small and medium enterprises (SMEs) for self-financing and accounting in order to manage their cashflow and supply. The application would intake the data the user would input and in course it would automatically provide their tax calculations and their net finance..

Project Objectives. To research current financial/bookkeeping applications and identify the key differences between different financial apps and what features could be implemented. To apply a mix of both quantitative and qualitative field research to acquire better knowledge of what features would be needed in this application. To design and implement a demo of the application that would allow a user to manage their finances and bookkeeping. To test the application’s features. To analyse and evaluate the results of the tests in 4. and draw conclusions about the effectiveness of the application. To review the outcomes and outline the future of the application in terms of what could be changed and what works well to suggest further development of the application..

Why is this a Computing problem?. Looking at the previous slides. The literature review had a gap of knowledge based in the western world. For example, there were no research papers and literature that covered the same or similar topic as this that were based on the European or American geographic locations. The literatures that I was able to investigate were mostly based in countries like Cape Town or Ghana. Looking at this gap I would like to create and implement an application for financing and bookkeeping that would serve the western side of the globe..

Literature Review Findings. SMEs In the United Kingdom, a source states statistics from 2022, which highlight that over 99% of businesses fall under the classification of small or medium-sized enterprises (Hutton, 2022; Makropoulos, Weir and Zhang, 2024). A closer examination reveals that a substantial 95% of these enterprises is micro-business, that employ from zero to nine employees. Around 4% of businesses in the UK are considered to be small enterprises, which consist of 10 to 50 employees. Lastly, in the world of SMEs, just under 1% are classed as medium sized enterprises which consist of 51 to 249 employees (Department for International Trade, 2020).?.

Literature Review Findings. Mobile accounting apps play a pivotal role in optimizing business operations because of efficiency and productivity. Mobile accounting apps allow business owners to seamlessly handle accounting tasks while on the move, providing flexibility to monitor bank account balances, track expenses, and stay vigilant to their cash flow and overall financial performance. (Kholid and Asri, 2021).

What is your proposed solution?. I have started to implement my solution through the use of Pycharm. The language of python has a vast range of different uses and implementation. The main library that I intend to use for application development is called Kivy. Kivy is an open Source Python app development framework. It can run on Android, iOS, MacOS, Linux and Windows. This means that the application can be developed for all major OS’..

How will you evaluate your solution?. Through the implementation of Kivy, I will evaluate the solution by assessing the outcome of my implementation. I will be assessing attributes like, usability, UI, Aesthetic and also how it can be improved and what could be different. Furthermore, before my full implementation, I will design the look of the application and run a focus group to evaluate my solution design and to inform me on what could be better..

Project Planning and Methodology. 9. A diagram of a scrum process.

Gantt Chart. 29 Nov 5 Nov Nov 12 Nov 19 Nov 26 Dec 3 Dec 10 Dec 17 Dec 24 31 Jan 7 Jan Jan 14 Jan 21 Jan 28 Feb 4 Feb 11 Feb Feb 25 Mar 3 Mar Mar 10 Mar 17 Mar 24 ar 31 Apr 7 Apr 21 Apr 28 May 5 May May 12 May 19 Write about tiriinqs 6 Tasks Literature Review Research Write about findings Methodology and Structure GI Design and Implementation Docu mentation Des I gn Focus Group mplement Design @ Review Implementation Review Documentation Test Implementation and Features Evaluate the Hnished Demo Delivery of Documentatlon Submit Documentation Deploy Software Demo and structure Design Apr 14 Inulernent Review Doeumentation Test Implementation and Features Evaluate the Finished Oerno C] Submit Softwn Demo.

References. Department for International Trade (2020). Small and medium-sized enterprises action plan. [online] Available at: https://assets.publishing.service.gov.uk/media/602b9cbb8fa8f503859508fc/SME-Action-Plan.pdf. Hutton, G. (2022). Business Statistics. [online] Parliament.uk. Available at: https://researchbriefings.files.parliament.uk/documents/SN06152/SN06152.pdf. Kholid, M.N. and Asri, N. (2021). The Effect of External Variables on Mobile Accounting App Adoption by Student Entrepreneurs. Journal of Small Business Strategy, 31(5). doi:https://doi.org/10.53703/001c.29816. S, B. (2022). What Is Scrum Methodology? & Scrum Project Management. [online] Nimble. Available at: https://www.nimblework.com/agile/scrum-methodology/..