Assalamualaikum and Hye !
Firstly let us introduced ourselves, we are Anis Aniza bt Awi and Aiza Syamimi bt Abd Rani students of Bachelor in Accountancy. This is our first blog post for Accounting Information System (DAC2183) Mini Blogging Project. First of all, we would like to express our deepest appreciation and a special gratitude to our lecturer, Mr Norrefendy bin Mohamed whose contribution in stimulating suggestions and encouragement, helped us to coordinate our project in creating this blog. In creating this blog, we learned new experiences and skills and it also teaches us to be creative. Besides that, we also able to express our opinions and at the same time able to receive feedback from the readers.
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What is Accounting Information System (AIS)?
An accounting information system (AIS) is a system of collection, storage and processing of financial and accounting data that is used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources. The resulting statistical reports can be used internally by management or externally by other interested parties including investors, creditors and tax authorities.
An AIS
helps the different departments within a company work together. For example,
management can establish sales goals for which staff can then order the
appropriate amount of inventory. The inventory order notifies the accounting
department of a new payable. When sales are made, sales people can enter
customer orders, accounting can invoice customers, the warehouse can assemble
the order, the shipping department can send it off, and the accounting
department gets notified of a new receivable. The customer service department
can then track customer shipments and the system can create sales reports for
management. Managers can also see inventory costs, shipping costs,
manufacturing costs and so on.
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So, this is our short explanation about Accounting Information System. Hopefully,
our project can run smoothly and you enjoy our pretty blog! Thank you :)
