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Accounting Information System - HAI

   

Added on  2020-03-28

4 Pages1151 Words186 Views
HovAssist Industries (HAI)Memo To:General Manager, Maisey LongCc:Other members of the AIS Project TeamFrom:Systems Accountant in charge of the accounting and control functionDate:September 20, 2017Subject:Concern for information and recommendations to the General Manager and the AIS Project TeamThe memo presented is in response to the information and recommendations needed by the General Manager and the Accounting Information System (AIS) Project Team. This memo provides basic guidelines for the company to follow in developing general ledgers and products system for the use in the new Accounting Information System which will enhance production (Worrell, Wasko, & Johnston, 2013). The memo also outlines the recommendations for the process to ensure the new Accounting Information System meets the need of the users and also describes the advantages and disadvantages of the recommended method. When developing the general ledger and product codes for use in the new Accounting Information System (AIS), the project team member should ensure that the proposed system is reliable in that the systems need to be free from errors (Adenike, & Michael, 2016). There must be an AIS in place that is comprehensive adequately to be able to consistently record, aggregate and collect all the transactions, so the accounting information users are basically certain that they are analyzing the comprehensive results of the company. This aspect means that there are no disclosures that may seem as retrospective adjustments to the general ledger and product codes.

General Manager and other members of the AIS Project Team, the responsible project team members should carry out extensive research on the benefits that the system offers the company because a viable general ledger and product codes advantages must outweigh disadvantages. They should follow all the steps in developing the system that includes reading all the material necessary to guide when developing the system. Checking all the necessary requirement for the development of the product codes and general ledger for the new AIS systems is vital (Simkin, Norman, & Rose, 2014). This is because it will facilitate ease and accuracy of the project being under development. When developing the general ledger and product codes for the new systems, I recommend that the HAI project team develops a system that matches the knowledge of the reader. The team should develop the system that is tailored to the knowledge of the users. This is because it will provide significant support to the recently expanded design and production capabilitiesthat the company presently have about 1000 unique products within their range. Another guideline that should be followed keenly when developing the system is that HAI Project team should ensure consistency in the system (Romney, & Steinbart, 2012). In order for the general ledger and product codes to be useful in the new AIS system, it must be able to generate new codes consistently with the requested command. Because for the new accounting information system to be beneficial in the making decision, it should be recorded reliably which means that the same accounting action should be practical at all times to a provided type of accounting information. A significant development of general ledger and product codes for use in the new AccountingInformation System (AIS), the project team should ensure relevancy. The aspect of relevancyin developing accounting information system is essential for feedback and predictive value because if the shareholders cannot analyze accounting data for the business and assess its

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