StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Accounting information system - Admission/Application Essay Example

Cite this document
Summary
The cycle involves the customers, the sales personnel the inventory clerks and the accountants who ensure that the transaction is effectively completes. It entails the customer purchase order, sales order processing and the subsequent delivery and payment for products. In this…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.1% of users find it useful
Accounting information system
Read Text Preview

Extract of sample "Accounting information system"

Download file to see previous pages

A copy of the invoice is stored in the invoice database together with a list of customers and customer orders. The sales person then prepares a delivery statement that is used to accompany the items in the invoice. A copy of the invoice and the delivery statement is forwarded to the accounts department for billing. The cash is deposited by the customer to the bank and the bank issues a statement. The documents generated by the revenue cycle include: the customer purchase order, sales order, Invoice, delivery note and Bank statement.

The Following flowchart shows how the document moves through the

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Accounting information system Admission/Application Essay - 5”, n.d.)
Accounting information system Admission/Application Essay - 5. Retrieved from https://studentshare.org/finance-accounting/1646055-accounting-information-system
(Accounting Information System Admission/Application Essay - 5)
Accounting Information System Admission/Application Essay - 5. https://studentshare.org/finance-accounting/1646055-accounting-information-system.
“Accounting Information System Admission/Application Essay - 5”, n.d. https://studentshare.org/finance-accounting/1646055-accounting-information-system.
  • Cited: 0 times

CHECK THESE SAMPLES OF Accounting information system

Accounting Information System

Running Head: AIS Accounting information system Accounting information system Comparison of Treasurer and ControllerThe treasurer handles the acquisition and custody of funds.... These processes are integrals of transaction processing system (TPS) which could be operated manually or through computerized system.... The Blackwell Encyclopedic Dictionary of Management information Systems.... The controller's functions include accounting, reporting and control....
2 Pages (500 words) Essay

Accounting Cycle Description

The understanding of the revenue cycle process helps workforce and executives develop financial practices and allow them to make well-versed financial… There is a essential need of the proper integration of the revenue cycle form any division or part of business to the overall accounting cycle of the organization. Integrating knowledge of the revenue cycle processes with the Accounting information system Running head: Accounting cycle Accounting cycle Accounting cycle Section “C” The accounting cycle isone of the most important parts of all financial activities it is also the base of the revenue cycle....
2 Pages (500 words) Essay

Factors for Successful Implementation of Enterprise Systems

The implementation part could further be subdivided Running Head: SYSTEM IMPLEMENTATION System Implementation System Implementation Once the new Accounting information system is developed the next phase is the system implementation phase.... In addition to these activities preparation also involves selection and testing of hardware, software and vendors for efficient implementation of the Accounting information system.... These include 1) unit testing which ensures the correctness of individual modifications 2) program testing which checks the compatibility between individual modifications and the program they enhance 3) system testing establishes whether the program modifications tally with the overall objectivity of the AIS and finally 4) acceptance testing that ensures the overall user expectations are met and the desired results from the accounting information systems are achieved (Nah, Fui-Hoon, Lee-Shang, & Kuang, 2001)....
2 Pages (500 words) Essay

Ergonomic Furniture Manufacturing Company

FYC needs to adopt various new approaches to ISD like MIS (management information system), payroll, AIS (Accounting information system), Networking through website development.... It is observed that an effective computer based information system would greatly improve and improvise the delays in the various operations of the firm and help give it a competitive advantage.... Hence, organizations need to develop a comprehensive information system that would promote and accelerate the organizational aims and objectives....
2 Pages (500 words) Essay

Organizational Culture

ased on the reading, how would you begin the process of implementing a new Accounting information system?... In implementing a new Accounting information system, I would begin by researching on various accounting management systems and the benefits of each of the systems.... This would enable me to have the capability of implementing the new Accounting information system identified in the most appropriate manner.... After researching, I would select the most beneficial accounting management system and then communicate to employees about the benefits that the organization would obtain from the new system....
1 Pages (250 words) Essay

Benefits of Implementation a Good Accounting System

Effective and efficient tracking of internal events can be achieved by having good Accounting information system in place.... Business decisions are always based on accounting information.... Furthermore, the writer highlights the necessity of the accounting system implication as a vital part of business activities management.... he need for accountingEfficient accounting system is essential for a starting business since it assists in keeping records of all revenues and expenses transactions occurring on a daily basis....
1 Pages (250 words) Essay

Fraud in the AIS: Koss Corporation Fraud

hellip; The author states that there are various ways in which both the functions and components of the Koss Corporation Accounting information system failed, allowing for the fraud and embezzlement of the company's funds.... An Accounting information system (AIS) within an organization is meant to help the organization's accounting function, through the collection, processing, storage and the dissemination of the accounting information to the organizations stakeholders or other externally authorized and interested parties such as the auditors (Hall, 2013)....
10 Pages (2500 words) Research Paper

Accounting Information Systems

Accounting Information Systems refers to a structure that aids companies in the collection, storage, processing, management, retrieval and reporting of their financial data for it to be used by managers, accountants, business analysts, auditors, consultants, CFOs and regulatory… Accounting information system is composed of data, people, software, procedures and instructions, internal controls and information technology infrastructure.... Accounting information system is shaped by volumes of data, the type of business, the ACCOUNTING DS Q1 Share the something you learned from the Accounting Information Systems chapter?...
2 Pages (500 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us