Abstract:
Since technology is getting more developed time after time, many of life aspects has been influenced by the presence of computer as a remarkable innovation in human history. The emerging of a new concept called Accounting Information System (AIS) particularly, is one of example of this “cutting-edge calculator’s” intervention of bookkeeping activities.
Sales and Purchase report has always been an important part of the business decision making process. The importance of sales reports are to plan effective sales strategies, decide on a sales forecasting process and most importantly, maintain or reduce the length of the sales cycle. Keeping tracking of expense is important to gives a busines a good idea of the revenue earned aginst the money spent, it helps a business pin point unnecessary expenditures and know when it is time to cut costs to maintain profitability. Ultimately, this helps small business owners plan for the future with more clarity and confidence.
Having this software is important for any organisation because this software can helps to reduce manual calculation of tax and all transactions (sale, purchase, receipt, payment), prevent error calculation and to keep the report organised.