Heyward
and Associates (currently Heyward Woodrum Fant and Associates) was a
small architectural firm in Columbia, South Carolina that specialized in
residential, educational and airport design and construction management.
They were just making the transition from manual drafting and accounting
to Computer Aided Design and from manual ledger accounting to
computer-based accounting. They needed some assistance with CAD file
organization and desired a custom computer accounting system that
emulated their manual ledger system.
Managerial Accounting
IMS Quantum was engaged to create an accounting
system that emulated the manual books then in use but which allowed the firm
to take advantage of computer efficiencies. The need for a custom system
required a complete review of the chart of accounts and accounting
procedures, including accounts payable and accounts receivable
processes. The system then followed standard accounting procedures to
accomplish clear audit trails and a set of financial reports that served
the need of the client at that stage of their evolution. This simple
system is still in use.
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