Accounting Information System is a system that collects and processes data which is measured
in terms of money. AIS process accounting transactions and supplies information for the
interested users which is used to take effective decision making process, to help management
for performing business activities properly and finally to measure the performance of the
company. AIS are the oldest and most wide used information systems in business. AIS are
based on the double entry bookkeeping concept and other more recent accounting concepts
such as responsibility accounting and activity based costing. Accounting is primarily
concerned with the design of the system of records, the preparation of reports based on the
recorded data, and the interpretation of the reports to the both internal and external users for
making decision. Accounting system is a recording process system like journal, ledger,
worksheet, trial balance and procedures that are produced r