This

team is responsible for raising capital for the organization and for deciding

where available funds will be invested.

This

software package is an example of the most basic Accounting Information System.

The

supervisor in an Accounting Information System must also be granted the ability

to only perform actions that are necessary for them to fulfil their work

responsibilities.

Bigger

accounting teams with higher capacity are expected to be reconciling accounts

more frequently than smaller teams that have less manpower.

The

inventory master file will be accessed, updated or modified to compile a sales

order.

Which journal entry is processed when processing

a quotation:

An

adjusted sales order is processed when all the inventory ordered by a customer

are not

If

an organisation is new and has never traded in the past, the take on balance (which

is part of the process of setting up the organisation on the AIS) is not

necessary.

The

level of staff required in an accounting team is determined by, among other

factors, the intricacy of the reporting that is performed by the organization.

When

inventory items are returned to a supplier a