Enterprise-Level

Accounting Software packages usually take long to implement because:

Training

or recruitment fees to a recruitment agency is paid through payroll.

The

open delivery note report can be printed and analysed to ensure that all inventory

items delivered have been invoiced.

When

a customer makes a payment directly into the bank account, this should be

matched to either a remittance advice or a sales invoice.

When inventory items are returned by a customer,

which document is sent to the customer?

The

logical sequence of an account chart means that accounts must follow the

accounting process of source documents, books of first entry, general ledger,

etc.

For

the task of financial reporting to take place successfully, the following three

elements need to work together:

The

reputation of an Accounting Information System vendor / supplier relies only on

the quality of the software that they have supplied in the past.

The

supplier invoice is linked to the GRN and the GRN is then closed.

Once

an organisation decides to use an AIS, it will need to set up/create the

organisation on an AIS and part of this procedure is to do a take on of

balances even if the organisation hasn’t done business in the past, this is to

ensure completeness.