Accounting Information System (AIS): Accounting Information System (AIS) and its various sub-systems may be implemented through Compterised Accounting System (CAS). Such system of AIS are described below.
1. Cash and Bank subsystem:
Receipts and payments of cash
2. Sales and Accounts Receivable sub system:
Maintaining of sales and Receivables ledgers.
3. Inventory sub system:
Purchase and sale of goods, Specifying the price, quantity, and date.
4. Purchase and Accounts Payable Sub system:
Maintaing of purchase and payable leadgers.
5. Pav Roll Accounting sub System:
Payment of salaries and wages.
6. Fixed Assets Accounting Sub system:
Purcahses, additions, sale and usage of fixed assets.
7. Expense Accounting sub system:
Various types of expenses.
8. Tax Accounting Sub system:
Deals with GSTIN, Income Tax, etc.
9. Final Accounts sub system:
Preparation of final accounts.
10. Costing sub system:
Ascertainment of cost of goods produced.
11. Budget sub system:
Preparation of budgets.
12. Management information sub system (MIS):
Preparation of reports that are vital for management decision making.
