Accounting Information Systems
Accounting Information Systems provide efficient delivery of information needed to perform necessary account work and to assist in delivery of accurate and informative accounting data to users and decision makers.
An accounting information system is accounting software that records and processes accounting ransactions. Accounting software is made up of a variety of functional modules such as for example, accounts payable, accounts receivable, payroll, trial balance, and accounts analysis.
Accounting Information Systems generally need to be compliant with national and or international accounting standards, one such standard is the International Financial Reporting Standard, another standard is GAAP. Large accounting information systems may include modules that adhere to a variety of national and international accounting standards. Smaller systems are taylored around either one international standard or the local national standard the software is written for.
Accounting software may be developed in-house by the company or organization using it, may be purchased from a third party, or may be a combination of a third-party application software package with local modifications. It varies greatly in its complexity and cost.
With the vast array of software products available, accountants can be overwhelmed by all the choices and options offered. We can work with you to identify your requirements and define what solution will suit your needs. We apply the best practices techniques for selecting software. We also built custom-made accounting information systems for our clients.
Integrated Inventory and Accounts Receivables Software (A Stock & Debtors System)
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Interface Design: Interfaces provide added usability and aesthetics to databases. A sound interface will make the database more secure, and prevent user errors, before they are entered. User Interfaces for databases can be designed to make the system fool-proof and temper-proof. In terms of aesthics, full background images can be added, as well as animations, video and dozens of other addtional elements, like a clock to tell the time for instance, and of course, your companies logo can be prominently displayed.
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Interface Development: This systems interface was developed using the joint-application development (JAD) methodology. The programming was done using Visual Basic 6. Wrapping the database using Visual Basic alllows this database to function as a stand-alone windows application that can however import and export data with other applications. |
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Accounting Software Development
Accounting software is typically composed of various modules, different sections dealing with particular areas of accounting. Some of the most common modules we use to built accounting software are detailed below. Intellia Ltd is capable of building your company the module of choice, or perhaps an entire system.
Main Accounting Modules
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Accounts Receivable - the company enters money received
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Accounts Payable - the company enters its bills and pays money it owes
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General Ledger - the company's "books"
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Billing - the company produces invoices to clients/customers
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Stock/Inventory - the company keeps control of its inventory
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Purchase Order - the company orders inventory
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Sales Order - the company records customer order for the supply of inventory
Non Core Accounting Modules
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Debt Collection - the company tracks attempts to collect overdue bills
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Expense - employee business-related expenses are entered
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Inquiries - the company looks up information on screen without any edits or additions
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Payroll - the company tracks salary, wages, and related taxes
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Reports - where the company prints out data
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Time sheet - professionals record time worked so that it can be billed to clients
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Purchase Requisition - where requests for purchase orders are made, approved and tracked.
