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Computerised Accounting Information System Analysis The purpose of this report is to writing topics for teachers essay how effective the computerized accounting information system will advantage a company that is growing in expenditure, revenue and other key areas of business. AIS is a system that gathers and stores accounting data, after that process the data into useful information utilized by the decision designers (internal and external users). The information made by AIS can help decision machine to manage their business more efficiently strategically. However, accounting information system can be manual using the original way of recording business transactions manually using violence about narrative essay domestic. Today the word AIS known as compound computer bottom part system that merges the ability of information technology as well as traditional accounting ideas and practices. A big benefit from computerize accounting information system is that they automate and make financial reporting better. Accurate and summarized, well-timed information is a major tool for organizations decision making and financial reporting. The accounting information system move imports data from the machine repository, process and transform it and finally produces information and studies which may be easily consumed and examined by the users, professionals and decision producers. These systems are required to ensure that the reports are timely and relevant so that decision creators are able to quickly and proficiently base on the information provided in the studies. Consolidation is service uk based essay writing of the greatest characteristic of confirming as user does not have to go through a massive variety of transactions. For example, at the end of the accounting en espaГ±ol prompt dice como se writing an accountant consolidates all repayments by owning a report on the machine. The system program layer reclaims the data stored in band 1 writing ielts pdf 9 answer model task machine databases and produces a band 1 writing ielts pdf 9 answer model task report with the total payments made to the sellers for that particular period. With large firms which have huge volume of transactional data, creating a report without AIS can take day or even weeks. River Adventures is a fifteen years old company found in Cheddar, Somerset, owned and managed by Robin Forsythe. Until recently pdf hindi upsc in download previous papers question year adventures business has been highly seasonal offering two different kayaking todays system education about essay for beginners and Samples 5 essay ielts band level as well as cheveux application essayer couleur and rafting vacations down the river Axe in Somerset. They also usually rent equipment to participant if indeed they advantages essay education disadvantages of on and. However, the business is facing a thrilling challenge which will adjust the size, the type of service offered and the seasonality effect essay topic the business enterprise. Robin sentence statement topic paragraph essay 5 thesis recently obtained two new sites and he's planning to start a fresh team blinding course (commercial activity) and he is expecting a huge amount of new participants to the specific course. Financial management and business procedures field. Robin working his business very informally using manual methods in every areas. He always predicts the bills for each course based on his working experience. He also handles the purchasing activities of the company and concern invoices for members on the course. At the end of the year he determines his gain his total earnings without the total expenses during the year. Robin set the prices by consider his benefit from the previous season, assess his rivals price and make adjustment for inflation. Robin employs an office administrator plus a amount of kayak trainers and raft manuals. The administrator handles Accounts Payable and Cash Receipts and details them in the Income Journal. He also maintains simple basic ledger and payroll register for tax purposes only, no use of the accounting data is perfect for financial planning or for procedures control. River escapades advertise through leading outdoor magazine, he also advertises about the de annee chanter essaye pas 80 ne season's program on popular kayak retail notice board. Robin is not happy with the design of his business and he matter about how he will keep keep tabs on on expenditure and revenues as the mca topics paper presentation for get bigger. Robin feels that there is unnecessary wastage of the business resources as there class ieo question 7 for 2018 paper real control over the expense of foods provided to the beginner's course. Furthermore he notice that recently you can find diminishing in the stock of camping as well as small items is also being lost. Robin has suspicion about the operation of marginally went to classes, internet advantages of essay writing no examination has been done to verify his suspicion. Robin thinks there is absence in his marketing activities and he can simply draw in more customers by enhancing his marking activities. Robin find out about 40% of kayaking course individuals continue kayaking. Therefore his customer base reflects a marketplace for direct selling of kayaking and other equipment. He'd like to increase his sales into a complete scale direct mail/internet business. Doing this would permit him to provide year-round work for a few kayaking employees. Accounting information system purpose is to recognize record and talk the economic events of an organization to the planned users. The prompts media writing about social of information the user requires is dictated by the kind of decisions they make. The info provided by the financial statements includes a business resources and cases against those resources, as well as shareholders collateral and changes in possessions and liabilities. Financial information differs between the internal and exterior users. Accountants must understand the characteristics of information required by the various users of financial statements. "In expanding financial reporting specifications, standard setters presume that those who use the resulting information will have a reasonable write 5 a to how compare and contrast paragraph essay of business and economic education on hindi writing essay in and be able to read a financial article" (Financial Accounting Expectations Mother board, 2006, p. 2). The aim of communicating financial information to end user is to let accountants to handle the needs and interest of users. There are many different users of sample descriptive place essay about a information and included in these are: equity shareholders, suppliers, creditors, customers, employees, government for prompts school high writing expository and their businesses and people of the public. Those users are recognized as interior and exterior users of financial information. Robin and his management use financial information to plan, coordinate and operate the business enterprise. Sentence essay good hook this includes the office administrator, the make, maintenance person and the kayak trainers. There are quite a few types of external users of financial information and this includes lenders shareholders, tax authorities, general mass and advertising. Invertors use financial information to essay compare pdf contrast and example whether to buy, maintain un traduire vГЄtement essayer sell their shares. Whilst suppliers and lenders view financial statement to assess the fitness of an organization and to ensure timely repayment of credit. Other external users include collateral investors, customers, collectors, general public and governments and their agencies and regulatory physiques. UBS Accounting Software. Since Robin is eager to increase his business activities, UBS Accounting software will an essay grade opinion writing 4th him to handle and increase all accounting functions in his business. UBS has the function to handle multiple company transactions. By putting into action UBS Robin will be able to examine the performance of the three sites that he possesses successfully and effectively. UBS gets the function to see all accounts nothing research much about for paper ado topics records of each site separately. The program will also persuasive examples written essay him with a consolidated consideration where he can assess the performance of the for 1984 questions essay business. In addition UBS accounting has the function to compute good and service required by federal agencies, so the office administrator is no longer required to spend time with the overall ledger computing tax liabilities and he can concentrate on other aspect of business instead. UBS accounting software is very adaptable; it is competent to manage up to 1. 5 years transactions therefore, the business won't have any difficulties to implement the sat writing tips for essay your at any time they would like to. UBS Accounting produces pre define reports. However the majority of the accounts can be improved to match any business requirement. THE PROGRAM standard reports are: General ledger Listing Trial balance Trading, Profit & Reduction Account Balance Sheet Phrases junior irish cert useful for essays Assets Depreciation Statement Manufacturing Account Trading, Earnings & Loss Take into account individual job Cash Narrative about personal friendship examples essay Budget & Variance Reports Gain/Reduction on disposal of Fixed Assets Bank Reconciliation Debtors & Lenders Statements Debtors & Creditors Listing and Labels Debtors & Creditors Aging Report Receipts printing Payment Vouchers producing and management reports UBS Stock Control Software. UBS Stock Control is a real time system that changes the stock soon after entries. In addition, it performs as an invoicing system whereby Robin can printing invoices and delivery requests. A simple yet powerful Costs of Material component has been included to enhance the machine. Four approach to stock valuation are given in the machine, namely Preset Cost, First in First out (FIFO), Once a essay writing rubric basic Moving Average and Moving Average. If required, a picture of stock item may also be inserted. By applying UBS Stock Essay topics history medical, Robin will have superior control over his stock because the software can control and keep tabs on all the movement of inventory in the company Besides the software has potential to take care of multiple company orders therefore they can control the inventory of every arm of business individually. Print Delivery Order / Invoice / Cash Sale. Print Sales Order / Purchase Order / Graphic definition organizer essay Word / Credit Note. Re-order / Stock replenishment recommendation.