Search results
Results from the WOW.Com Content Network
For example, consider the accounts payable department when processing an invoice. With an accounting information system, an accounts payable clerk enters the invoice, provided by a vendor, into the system where it is then stored in the database. When goods from the vendor are received, a receipt is created and also entered into the AIS.
The accounting method often gives a more intuitive account of the amortized cost of an operation than either aggregate analysis or the potential method. Note, however, that this does not guarantee such analysis will be immediately obvious; often, choosing the correct parameters for the accounting method requires as much knowledge of the problem ...
In addition to general accounting functions, the software may include integrated or add-on management information systems, and may be oriented towards one or more markets, for example with integrated or add-on project accounting modules. Software applications in this market typically include the following features: Industry-standard robust ...
For example, an employee file might contain employee number, name, department, and salary. The employee number will be unique in the organization and will be the primary key. Depending on the storage medium and file organization, the employee number might be indexed —that is also stored in a separate file to make the lookup faster.
For example, bookkeeping involves functions such as posting transactions and producing reports like the balance sheet and the cash flow statement. Completely manual methods were augmented by the application of mechanical or electronic calculators. A person whose job was to perform calculations manually or using a calculator was called a "computer."
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
Computer science is more software-focused dealing with the applications that may be used in MIS. Electrical computer engineering is product-focused mainly dealing with the hardware architecture behind computer systems. ERP software is a subset of MIS and IT management refers to the technical management of an IT department which may include MIS.
Examples include enterprise software, accounting software, office suites, graphics software, and media players. Many application programs deal principally with documents. [24] Apps may be bundled with the computer and its system software, or may be published separately. Some users are satisfied with the bundled apps and need never install ...