The

reason why we only see totals reflected in the payroll system and not

individual item paid to the employees (as seen in the AIS)  is because salary information is personal and

sensitive.

A

settlement discount received from a supplier may be as a result of the quantity

ordered or a sale.

The

supervisor in an Accounting Information System can be an employee from the

accounting team.

A back order….

The

only account reconciliations that the accounting team must perform are the

creditors reconciliation and the bank reconciliation. These must be performed

for each creditor and each bank account that the organization has.

In

a proper AIS, most of the Accounts Payable staff should be able to authorise

payments to creditors, this will prevent bottlenecks when paying creditors.

In a manufacturing environment this would be the

journal entry processed when finished goods are received from production

Dr Inventory – Finished goods

In

an Accounting Information System, the Supervisor is allowed to allocate

specific passwords to other users when allocating them roles in a new system.

The

most basic Accounting Information System that can be purchased would normally

cater for:

This

change does not necessitate that a purchased Accounting Information System must

undergo system upgrades: