Lan-Based Examination System for Faith Christian School
An accounting information system provides accurate and timely financial information for internal management purposes. While these systems can include paper manuals and ledgers, most systems in today's business environment are built upon accounting software programs or applications. These systems provide financial or operational reports for business owners to make decisions. An accounting information system can also integrate and fulfill departmental and company-wide objectives.
Read more: http://www.ehow.com/list_6818819_objectives-accounting-information-systems.html#ixzz2a3RaM6gG
Central Information Collection * Accounting information systems collect information for various purposes in a business. Large organizations often use this system to gather and organize financial and other information from multiple business departments or divisions. An accounting system can also benefit organizations with several national or international locations. This system allows for the electronic transference of information from many sources into a central location where accountants gather and process this data. Some systems can also gather information in a real-time format.
Checks and Balances * Accounting managers and supervisors use an accounting information system to separate tasks and ensure controls are in place for different accounting functions. Accounts payable, accounts receivable, payroll, departmental financial data, fixed assets and purchasing each work under separate modules in an advanced accounting system and demand individual handling processes and procedures. Each of these individual modules feed summarized data into the general ledger but allow for system checks and balances along the way. Reports can be generated from individual modules to ensure accuracy of data before being passed on to a company's general ledger. *
Improving the Flow of Work * Improving the flow of work in individual departments often gets a boost by the implementation
Read more: http://www.ehow.com/list_6818819_objectives-accounting-information-systems.html#ixzz2a3RaM6gG
Central Information Collection * Accounting information systems collect information for various purposes in a business. Large organizations often use this system to gather and organize financial and other information from multiple business departments or divisions. An accounting system can also benefit organizations with several national or international locations. This system allows for the electronic transference of information from many sources into a central location where accountants gather and process this data. Some systems can also gather information in a real-time format.
Checks and Balances * Accounting managers and supervisors use an accounting information system to separate tasks and ensure controls are in place for different accounting functions. Accounts payable, accounts receivable, payroll, departmental financial data, fixed assets and purchasing each work under separate modules in an advanced accounting system and demand individual handling processes and procedures. Each of these individual modules feed summarized data into the general ledger but allow for system checks and balances along the way. Reports can be generated from individual modules to ensure accuracy of data before being passed on to a company's general ledger. *
Improving the Flow of Work * Improving the flow of work in individual departments often gets a boost by the implementation