Kudler Fine Foods
Natalie L. Gilliam, Janel Morrison-Luna, Roslyn Updegraff, Boris Woodson
ACC/542
January 27, 2013
David Phillips
University of Phoenix
Automated Process of Accounting Information System for Kudler Fine Foods
Learning Team D is responsible for reviewing the accounting information system of Kudler Fine Foods in the areas of payroll, accounts payable, accounts receivables, and the inventory process. Learning Team D will review and provide recommendations to Kudler on the most efficient direction the company should peruse for to the accounting information systems.
Rationale and Analysis
Implementing an accounting information system in each …show more content…
Using customized software developed from a variety of specialty software vendors, would reduce the error rate of misinterpreting data entries that should be handled differently due to the given business. Combining four departments onto one system will save time by having direct access to the records from all departments. This will reduce the amount of time required and will streamline activities. The documents will automatically be processed from each department and sent via the system to the necessary documents. The free-flow exchange of information back and forth will serve as one of the main advantages of the …show more content…
A good accounting information system (AIS) will help create, maintain, and distribute the financial reports as well as perform tasks in payroll, accounts receivable, accounts payable, inventory, and budgeting (Bagranoff, Simkin, & Norman, 2010). Management will be able to set up controls in the system allowing staff to have access to what is necessary and appropriate for their job. They will be able to call up and modify this information electronically without searching or filling out new paperwork. Data entry will be mainstreamed, allowing for less key strokes, and integration of information. This will allow for better accuracy in accounting and accounts will be able to be managed more efficiently, including processing of bi-weekly payroll. Payroll will then be sent directly to processing and reports to the correct managers. Accounts receivable will be able to track when customers use the POS system and update the sales information. Accounts payable will track when a vendor payment is due, allowing for payment processing, and appropriate management and accounting reports. The inventory system will be more accurate saving Kudler time and