03.40
iphand
An accounting information
system is designed to record all
transactions of a business. An
accounting clerk enters all
business transactions into the
program and the transactions
automatically are posted to the
corresponding accounts. This is
important because any time
information is needed, it can
found on the computer and is
organized.
Accounts Payable
An accounting information
system allows for easier
payments made on accounts
payable. Many systems are
designed to pay all bills due with
a click of a button. A date is
selected and checks are
automatically made out for all
bills due. Most systems allow a
clerk to unselect certain bills if a
company is not ready to pay a
specific bill.
Accounts Receivable
This type of system also allows
for easier billing. Information is
recorded on the system...
