Examples of Accounting system in a sentence
Accounting system means the Contractor’s system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.
Work continues with the SUN Accounting system, however IT issues have caused delays with the successful introduction of the computerised functions and discussions have been held with Treasury to resolve these (see section three).
Accounting system: Integrated Financial Management Information System (IFMIS) is in use at the authority.
As a government entity, LGED follows GOB’s Budget & Accounting Classification System (BACS) and Integrated Budgetary and Accounting system (IBAS++) which has a separate general ledger module and accounting module.
The Parish Accounting system includes five primary programs with subprograms and nine miscellaneous programs.