Abstract:
The purpose of the research is to identify the weakness of accounting system sales and billing receivables, in order to give advice so that the company can operate better, and evaluating internal controls against sales and billing whether it has been running efficiently and effectively. The research used a qualitative test of the sales accounting system, billing accounts receivable, internal control of sales and billing based on COSO theory. The test results show that there is no section or special staff who handle the status of receivable or collect customer receivables, resulting in many uncollectible accounts. Internal control has not run effectively at PT MI. The management of the company has not applied the basic concepts and principles of internal control, and there are several procedures that have not reflected the concept of internal control. To overcome this problem, PT MI must implement a sales accounting system and billing accounts receivable, as well as an internal control system to be more effective in controlling any existing activities in the company in order to minimize losses incurred due to controls that have not run effectively.
