Due to the needs of companies in timely and accurate financial records, they became one of the first computer applications and lastly management reporting system which is the result of activities of any management accounting system. The plan is to achieve the objectives are as followed:
Transaction Processing System
Transaction processing system is a type of information system that collects, stores, modifies and retrieves all the information generated by the transactions involved in an organization. A transaction is an event that generates or modifies the data that are eventually stored in an information system (Sori, 2009). Computer system can be regarded as a TPS (Fig 1 in Appendix).
General Ledger And Financial Reporting System
GL system is almost the same age of computers. Due to the needs of companies in timely and accurate financial records, they became one of the first computer applications. Today, we are entering a new era of systems ledger. By 2000, many of the current system need to be replaced or updated. In addition, business leaders want the system to the General Ledger provides a greater amount of more relevant, accurate and accessible information (Stefanovic, 2012). However, there is need for constant expansion board processing (desktop processing) and the transition to a more interactive process (Fig 2 in Appendix).
Management Reporting System
Management reporting system is the result of activity of any management accounting system, in other words, the product of its activity, that for which it was created at the company (Fig 3 in Appendix). For the formation of a system of management reporting required:
Determine the form, the term of the report and is responsible for its execution;
Chart the formation of management reports to identify the owners of the original information;
Grant coordinator responsible authority, that is, the administrative permission to obtain information from the ...