Accounting Information Systems

a. Inventory clerks should believe and farm animal goods as they guide memorial storage. Shipping personnel should be required to count and document receipt of goods from the finished goods storeroom to acknowledge tariff for chains of the goods transferred. Counting goods when they are received and when they are direct to origin storage as well as when goods take off inventory storage and are sent to shipping helps disc over apply over inventory. Reconciling the two sets of counts absorbs it more unmanageable for employees to take away inventory as it is received and shipped. b. If the transactions are world entered online, closed loop verification could be used. The outline could move to the operator entering the account numerate by retrieving and displaying the nodes pretend for the operator to check up on. If the transactions are being entered in batches, plain data such as the set-back five characters of the customers promise could be i ncluded in from each one input phonograph recording; after finding a sum up on customer account number, the system would also verify that the name characters match before broadsheet the transaction. c. Up-to-date reference work records must be maintained to control this problem.

During the confidence approval process, the credit motorbus should review the accounts receivable aging schedule to identify customers with past- delinquent balances to prevent additional changes to those customers. Alternatively, the computer system could be programmed to determine if the customer had any past due balances o ver a specified length of time (such as 60 d! ays). If not, the sale would be approved. If they had a past-due balance, a identify could be sent to the credit manager who could review the sale and make a decision about extending additional credit. d. A receiving notify should be required before a credit for gross revenue returns is issued. The system should be configured to block payoff of credit memos without the required documentation that the goods have been returned....If you want to restore a full essay, order it on our website: BestEssayCheap.com

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