The title of this project is the impact of online cash receipt generating system for a departmental store a case study of Addide supermarket, Lagos. The main aim and objective of this study is examine the impact of online cash receipt generating system for a departmental store, a case study of Addide supermarket, The specific objective of this study is to automate every sales receipt effectively without mixing product prizes and store product detail using a secure database. The population of this study includes staffs and customers of Addide supermarket, Lagos. These areas have over 300,000 populations. Therefore the researcher will draw her sample population from there.
and the Taro Yamane’s formula is be used to calculate the simple size which give 400 sample and The analysis was represented in tabular form for easy understanding and it consist the number of respondents and the corresponding percentage and chi – square was used as the statistical tools used for testing more than two population using data base on two independent random samples.
1.1 Background of the Study
Cash receipt generating system is a viable source in any business organization and venture and so on, its main purpose is to maintain more reliable records of money going in and out from the firm. This is look upon the view that the business organization must have business associates that exchange market with each other. It is a sure fact that the most have been a contract of which, there is an obligatory task that stands the terms of agreement, it could be a payment to their client or partners or from their client who pays into their own account. Another thing matters weather it will be cash without remark balance or install mental, and how many installment it is going to be.
This is clear stated in the organization activities and manner of operation. Whenever there is payment, there is also the issuing of receipts this is centered on the writing of what each party has in stock.
A receipt (also known as a packing list, packing slip, packaging slip, (delivery) docket, shipping list, delivery list, bill of parcel, manifest or customer receipt) is a document acknowledging that a person has received money or property in payment following a sale or other transfer of goods or provision of a service (Cavinato, 2000). All receipts must have the date of purchase on them. If the recipient of the payment is legally required to collect sales tax or VAT from the customer, the amount would be added to the receipt and the collection would be deemed to have been on behalf of the relevant tax authority. In many countries, a retailer is required to include the sales tax or VAT in the displayed price of goods sold, from which the tax amount would be calculated at point of sale and remitted to the tax authorities in due course. Similarly, amounts may be deducted from amounts payable, as in the case of taxes withheld from wages. On the other hand, tips or other gratuities given by a customer, for example in a restaurant, would not form part of the payment amount or appear on the receipt.
In some countries, it is obligatory for a business to provide a receipt to a customer confirming the details of a transaction. In most cases, the recipient of money provides the receipt, but in some cases the receipt is generated by the payer, as in the case of goods being returned for a refund. A receipt is not the same as an invoice.
There is usually no set form for a receipt, such as a requirement that it be machine generated. Many point-of-sale terminals or cash registers can automatically produce receipts. Receipts may also be generated by accounting systems, be manually produced or generated electronically, for example if there is not a face-to-face transaction. To reduce the cost of postage and processing, many businesses do not mail receipts to customers, unless specifically requested or required by law, with some transmitting them electronically. Others, to reduce time and paper, may endorse an invoice, account or statement as “paid”.
The business-to- consumer aspect of an online shopping is the most visible business use of the World Wide Web. The primary goal of an online shopping site is to sell goods and services online. This project deals with developing an e- commerce website for online shopping. It provides the user with a catalogue of different goods and services available for purchase in the store. In order to facilitate online purchase a shopping cart is provided to the user. The system is implemented using a 3- tier approach, with a backend database, a middle tier of Microsoft Internet Information Services (MIIS) or local server and PHP, and a web browser as the front end client. In order to develop an e- commerce website for online shopping, a number of Technologies must be studied and understood. This is a project with the objective to develop a basic website where a consumer is provided with a shopping cart application and also to know about the technologies used to develop such an application. This document will discuss each of the underlying technologies to create and implement an e-commerce website for online shopping.
An E-commerce is the trading in products or services using computer networks, such as the Internet(Wikipedia, 2015). Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction’s life cycle, although it may also use other technologies such as e-mail. Every business that want to shoot online, irrespective of it types need an e-commerce software product that fits your online store’s unique needs and requirements. For the past years e-commerce has been the trend for most business spanning across different cities and countries. Where product and service can be deliver through their web service and delivery is done using different transport medium like ship, car or through post office.
This work is an attempt at delivering an online shopping cart system capable of delivering goods and services on demand, using a small Mobile outlet as a case study.
E-commerce is fast gaining ground as an accepted and used business paradigm. More and more business houses are implementing web sites providing functionality for performing commercial transactions over the web. It is reasonable to say that the process of shopping on the web is becoming common place.
The objective of this project is to develop a general purpose e-commerce store where any product (such as books, CDs, computers, mobile phones, electronic items, home appliances and any kind of goods) can be bought from the comfort of home through the Internet. However, for implementation purposes, this paper will deal with an online book store.
An online store is a virtual store on the Internet where customers can browse the catalogue and select products of interest. The selected items may be collected in a shopping cart. At checkout time, the items in the shopping cart will be presented as an order. At that time, more information will be needed to complete the transaction. Usually, the customer will be asked to fill or select a billing address, a shipping address, a shipping option, and payment information such as credit card number. An e- mail notification is sent to the customer as soon as the order is placed.
Business conducted through the use of computers, telephones, fax machines, barcode readers, credit cards, automated teller machines (ATM) or other electronic appliances (whether or not using the internet) without the exchange of paper-based documents. It includes activities such as procurement, order entry, transaction processing, payment, authentication and non-repudiation, inventory control, order fulfilment, and customer support. When a buyer pays with a bank card swiped through a magnetic-stripe-reader, he or she is participating in e-commerce.
With popular trends and demands the concept of the Internet as the way forward to increase profit margins, companies new and old are creating websites here and there. The significance for retailers to having a web site is that a web site is informational and transactional in nature (Murphy, 1998). As the web site can be used for advertising, direct marketing, sales, customer support and public relations.
Significantly according to a study by McKinsey & Company and Salomon Smith Barney, retailers who sell to their customers through catalogues; stores, and online significantly emerge victorious amid the e-tail shake out (Pastore, M. 2000).
With seasonal events and holidays, the Internet has become a tool for a quick and stress free method of shopping. Allowing retailers to cash in the profit from another useful shopping channel. Jupiter Research expects 2003’s online holiday sales to be led by new shoppers, resulting in a 21 percent increase over 2002 figures (Greenspan, R 2003). The growth in holiday sales is driven by factors such as, online bargains; time saving; avoiding holiday crowds and much more.
The top categories of Online Sales according to comScore Networks are:
• Computer Hardware and Software
• Apparel and Accessories
• Office Supplies
• Books, Music and Movies
• Consumer Electronics
• Home and Garden
• Health and Beauty
• Sporting Goods
• Toys and Games
Freedman argues that as more consumers are able to connect to faster Internet connections categories such as Apparel may experience growth (Nancy May Kay Leung, 2003).
1.2 Statement of the Problem
Cash receipt system of Addide supermarket. Is to keep records of all receipts of purchase and sales made.
By so doing, they keep information concerning each transaction such as the name of client, address, data of transaction, description of goods. Quantity of goods, model number of the goods, the amount of the goods.
Inside this record the company can know the financial reports of both the client and the organization itself.
1.3 Objectives of the Study
The main aim and objective of this study is examine the impact of online cash receipt generating system for a departmental store, a case study of Addide supermarket.
The specific objective of this study is to:
• Automate every sales receipt effectively without mixing product prizes
• Store product detail using a secure database.
1.4 Research Questions
The research question for this work is stated below:
1. What is the impact of online cash receipt generating system on supermarket sale receipt?
2. How can sale receipt effectively without mixing product prizes?
1.5 Research Hypothesis
The research hypothesis for this research is stated below:
Ho: there is significance impact of online cash receipt generating system on supermarket sale receipt.
H1: there is no significance impact of online cash receipt generating system on supermarket sale receipt.
1.6 Significance of the Study
This research will show the importance of automated receipt for businesses and It will also be a reference material for subsequent research work.
1.7 Scope of the Study
This project is basically restricted to Addide supermarket, as a case study for the project paper. Looking Addide supermarket, the cash receipts system is restricted only to the.
1. Purchase receipts and/or invoice
2. Sales receipts and/or invoice
Other organization may run a different receipts system. At this project paper we shall base only on sales and purchases.
1.8 Limitations of the Study
The research work is limited to mass media in cultural promotion. The main constraint of the research is divided into the following parts.
a) Time constraints- due to the short time given for the study, the researcher could not get all the required information needed for the study.
b) Finance- as a result of money constraint the researcher had not enough money to carry out the study beyond the level. The researcher could not visit places where necessary information relevant to the study could be obtained.
c) Attitude of respondents – some of the respondents were unwilling to cooperate with the researcher because they felt, they have nothing to benefit from the study both financially and otherwise. Besides they were afraid of losing their jobs, if all information needed are released to the researcher
1.9 Definitions of Terms
ACQUIRING BANK: This is a bank or financial institution that accepts payments for the product or services on behalf of a Merchant.
COMPUTER: This is an electro-mechanical device that is capable of accepting data as inputs, stores it, processes the data and outputs it as result or information.
CREDIT CARD: It is a payment mechanism that enables consumers to make their online purchase.
DATA: Data are raw facts which undergo processing and become information. They are also the simplest unit of information that can stand on its own.
DIGITAL CERTIFICATE: It is a certificate that enables a merchant to do on-line business and it is been issued by a corporate body.
GATEWAY: This is a device that connects two computer networks that cannot be connected in any other way.
HYPERTEXT DOCUMENTS: They are documents written with HTML, ASP, ASP.NET, PHP, JAVA SCRIPT PAGES (JSP), CODE FUSION, and PROGRAMMING LANGUAGES.
INTERNET: It is an interaction of computer networks connecting other networks from computers, companies, houses etc.
ISP: (Internet Service Provider): This is a company(s) that provides internet access to homes or business users.
MERCHANT ACCOUNT: It’s a contract under which an acquiring bank extends a line of credit to a merchant who wishes to accept payment card association brand
MS SQL: This is relational database server that is ideal for both small and large applications.
ON-LINE SUPERMARKET: It is representation of material or real shop on the internet or on the web.
ON-LINE SHOPPING: This is the buying and selling of products through the internet or web.
PROGRAM: A program is a sequence of instructions written in a computer to execute a certain task and solve a problem. A program must possess clarity, be specific, effective and user friendly.
WWW (World Wide Web): It is a multimedia interface that connects us to resources such as documents, e-mails, chat, web sites that are available on the internet with the computer.
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