Chapter 4- AIS

Yeah and good morning saying you had good day hey so welcome again to our subject accounting information system and again this is Noel Bell Dona and we are about to discuss chapter 4 now the revenue cycle so for our today's discussion of the revenue cycle we will have the following objectives ok so we are about to discuss a pass perform in the revenue cycle regardless of the technology being used Ok the functional departments in the revenue cycle in the flow of revenue transactions through the organization the documents join us and accounts needed for audit trail

records decision-making and financial reporting there it is associated with the revenue cycle and the controls that reduces this list then the operational and control implications of technology used to automate and the engineer there have been no cycle okay so we Animai the discuss not in May or are out so let's start ok so let's just have a general overview of what data being a cycle is so technically when we talk about robbing a cycle it is just a mere exchange of goods and services now with customers and in return we the business will receive cash

no however in some of the businesses now especially the summer meal in a day not all of them will have the cash transaction because as you all know no on the impress system they bar Our disbursements will be through checks and then our collections a will be deposited through the bank so ABC be had in in some of the large businesses they would be us no checks so Maggie Ginn receivable munitia and then afterwards hopalong ha buh-bye Aaron so there are some complex revenue cycle process especially for sales on credit CT as the matter of

processing convenience most of these films Each phase are separate transactions so we have two phases no we have the physical phase as mentioned to you in Chapter one in introduced katomina cycles there was a revenue face marital physical place which includes you transfer of assets or services from the buyer to the seller and the second phase is forestalled financial phase which involves um receipt of cash nerman by the seller in the payment of the hounds receivable so overall now our revenue Cycle is subdivided into two sub systems so which is the sales order processing as

a hi um cash missing sub system so mommy we will be discussing saruyama sub systems they own but in this overview everything will start on the sales order later we will have a detailed discussion which of this know okay so we will receive the sales order from the customer then after that it will proceed to the credit or customer service then commands approved coupon tenacious as Shipping then magna schifflet going to the buyer of a so we will build that customer then pack the bill Sonya of course it will be recorded in accounts receivable and

some other a record spa then we will collect it then again the cash being collected will be used for our items to be sold in so later we will be discussing this so this is the general overview of our revenue cycle hi so on this particular image that you have this is just the data flow diagram Of the sales order processing system so as you can see major Sabina the not a complicated show in terms of the diagram but later on you will be discussing one by one okay you McCallum and Neto okay in in

a manner that it would be easily understood masses on Egdon Cajun can say in in this case no Yemeni the flow chart me and our data flow diagrams it depends upon the complexity on the business nobody but a tempest in Pina Now but they're in the minion anus this is actually their figure presented in the book now it will start with the costumer and then it will end on of course the building process up to it was being collected also here is a sample chart of the manual seus order processing system okay it will start

again to the customer then up to d2 Sidhu law which is massiveness going to our customer of course then after that now eb bill Initial recording the manual passionate high so we will not though we will be discussing everything now in tanana we will not promise per se the owns a flow church or even under diagram there so we will just discuss it in a manner in a easily understood okay so let's start with the first part of the revenue cycle which is the sales order processing okay so now so should then bama so far

so i will see this order processing system will begin with a customer placing an Order so de ba once we are going to sail on customers were going to be placing an order okay so the sales department will capture the essential details on what we saw hold sales order form so I knew my important details nylon and happen of course example you name or company know by you in a 10-8 pin number in some cases know that was San I believe reconciling it Papa deliver a talk they buy what will be the quantity a unit

price Ksenia fix the Manion satin and Lester would be trade discounts or other this conservative and ever okay and at their spa that would be essential for us to deliver these goods or services to that customer okay so after the Mohammed blaze now or any customer at nagawa Ana now sales department and sales order form you're adding customer then a collector-i cash automatic caching system that the dye of Allah a type of shop and a bar sales order form then Cash delivery tapas aagadu cycle but we will be looking into it as if that we

are going to have the long run animation Kannamma saying pnina most of the companies are not yet pay it a god now because in the company as well they are undergoing authorization on the expenditure cycle my keep andaman opinions our discussion on expenditure cycle not in guys copa an animal not be disbursed cor tamanna MVP's now in relation among they need to survive in Your cycle since we are the one who will be receiving the hearts to be paid okay so after you now let Mellie can cool down after the sixth order form must be

created or being filled up now the next part is that this sales order form will go through the credit team or credit department or in the transaction is being check for credit approval by the credit team of course Calum and attempting than your creditworthiness net on entity net or cost open upon a Boomy Billy okay so that we can proceed with the receivable casick on him they at Indy maganda in credit rating network edit up credit past and the unit on cosa unit or then either marital checking sale oh hi an Amana people eaten suppose

the minimum by Edna - okay every clear on that so after my approve new transaction who approve your credit any customers of credit department then it will now go now to values no departments so your sales information at in an Associate order form there on sales order form guys made you my ramming duplicates yen are not only the pre Kate's maraming maraming maraming copies okay because many departments will have this one um later we will be discussing some sort of computerized computerized midgel Molly lesson parecer manual I said the forms a human a number of

copies major madami okay so use this information it will be released to the billing department of Course not the warehouse because of the stuff releasing and then also to the shipping department afterwards okay so after my disseminate Romana information take the other departments next would be the merchandise is pick up the banner beginning at in see where your house now information now the merchandise is pickup from the warehouse and sent to the shipping of course they'll be medium sales order form the once-over house on Mary Pat Manila or Diana many nice Vanilla for delivery device

II am a martini layered as for delivery because of Osterman at all so it will be sent now to the shipping department okay of course the stuff records are being adjusted on the part of the warehouse okay so it checked me warehouse drop at Yuma informations mama Papa shopping at animal control snow well detour the warehouse should check Tama Byron and there's a sales order form overdoing Sabini beginning long Number of item specially the own shipping department okay so now the merchandise the packing slip a a new behind sleep so that that's that was you

you may be could be for delivery and made on mastic or something like that and also the Bill of Lading in document non Corriere know are prepared by shipping and then sent to the customer okay so shipping reconciles the merchandise received from the warehouse OSI warehouse Teaneck many action acne Maha documents the back coming from the sales department know Overton's an apartment a top post autonomously shipping department typically no litera consilina whom tama ballot human don't say bill of lading as a model documents in Chania the over dosa is naeun items okay and then this

is information on the packing slip the shipping information is sent to believe so punkish Apna Apna Apna data personally had nepeta Nikon's customer Okay the shipping information is sent to believe in some other entities in Dena milena anti Nina my deliverer / agate a guardian I mean Mahara thing a customer know immediately once now see billing shipping department Bennigan's in document k billing the hit him deep haha election prada wedding ana a procession hi pero most likely that but bagua be late or any billing department you're of course not but not accustomed and I up

random a great either So the shipping information is sent the billing department and then the billing department compiles and reconcile in DeLand cash and they reconciled Elsa so based on my experience in the private logic Naha the hotness on actually nearly reconcile Nam in is a veto the billing department reconciles the relevant facts and issues and invoice to the costume racial pinic that activity name be that Anita granular to Tom Abba that you essentially guys now importante Para dude so building department of course scale emergent ignant cool ill and company Bella had no items and

re Cigna costumer Bhagu sugar 1 and Billy eventually isness abakan eNOS I know that in some other entities no they are doing in cutting deep ownership not be gue mango and I said be laying pear or that but in most of the cases no the billing will wait Nash's shipping department mushy pea on top of dipper maybe repair manual costume again is a Sharp people in sharp Iike yoga boom LEC costumer Schiffman Harding I got some edamame pinniped my hand and that he said great on granite on number of items okay so you document up

in appear my hand actually this is the receiving report within a towel nothing will be going also to the billing department par American selenium manga DITA okay so magnetic on sale yet you'll Deepa the Marron from the sales order form you Officially tag you know at the same time not official visit by the way you receiving report okay so now the billing department will issue an invoice to the costumer and then updates the sales journal your DNA record and then also once it was being recorded the deceased Jordan L now it will be transferred the

information will be transferring of course to the Hashi Seba ball at Sahara inventory aha Hey so so far and I ain't in behind bye guys any question actually Onion lemon no mana data flow diagram canina no pero because of the I rose at i/o complexity parasite and set it so nothing in that in and diagram it seems to be hard for us to really comprehend but at the learning again process now a well apparently Natalie this is just an overall process may magnify the ETU processor manual later a computerized a metering back okay let's see

later on why so any questions so far and I know man so that's the sales order Processing equal teen young Latino the Honshu see bubble by the way Billiken Nathan addy biome shipping information the the billing department transferred it to Aakansha Singapore in the inventory control so I won the hearts receivable records the information in the posthumous aha in the hands receivable subsidiary ledger so me other Department burner phones receivable yeah in in the private we have a separate group or team who records it Now Hindi equating shipbuilding and McCray record non take know Tamara

money my entire control generator okay so it's the ER team records the information to the customers aha then of course the inventory control Don will be adjusted because they have the inventory subsidiary ledger okay lemon update the update you are tingling it cinema wasn't in Big Bear you nothing and then afterwards the building or a Hans receivable and inventory submits The summary of the information to the general ledger department or maybe by public department General ad department Helene Oh in the basic accounting overview is a longer mango onion no it should be separate diagnostic control

in in in my case in the private I am recording the journal entry I am posting the subsidiary ledger appeared on the GL side general ledger measured by other person involved whether we are I'm focusing on the fixed asset and project Accounting on my last word and then generally hunting them and so now I am a encounter with Omaha GC bubble partner so in in my previous works okay so going back the general Department which reconciles the Mannion data and then post a toe controller on sea monkey by own every record nom subsidiary ledger that's

high McCabe are in a gray records a general ledger they say again they buy in the end gala and bank balance a young general ledger at high owned subsidiary Ledger if it does not happen then he should be a may may be a family there's something wrong in between alright so hang on genuine sales order processing but no portion on the general ledger that we're done with the sales order processing systems nothing high so just to have an overview of the journal entries or journal vouchers being created so see billing department not pay professional journal

voucher je viens avec jar pero hindi siya humid Record gas and a nationally prepare lunch and journal voucher but there is another the hunting Department now under it eunuch de jour analyze so on Antonina would be debit 200c bubble credit sales then the inventory control department prepares naman new journal entry voucher for the entry now debit cost of goods sold and credit inventory so most of the time kapag no surprise with no higher deal at periodic no most of the time it will be perpetual inventory system in Updated advanced nanokarrin and sales okay and then

finally now of course once they received okay although it home last but not discussed nothing and under cash processing solicit system subsystem not in a hyper idiom supposed to be antic a pagina who left on a menu I think accounts receivable Hey any question so far on the journal entries or even the process in our sales order processing system a lack of a showcasing kappa okay so let's continue so we're Done with the seus order processing so hong kong najara thing your product once a customer and then make our own internal updates number a record

snapping up to the accounts receivable at suhasi cost of goods sold so next would be what if the item being sold was returned so focus upon athenian you about the man sees return ah hey so here in this particular illustration on the data upload i do me have this a little special procedure again and let no major Somehow sitting in hadn't complicated yet but it's it's under process not so bad Nobunaga hi honestly she turned so as you have remembered now in the basic discussion of merchandising business so the company might have shipped to the

host of made the wrong which and ice okay so that's one possibility behead nakahara no customer detail another is that no new material goods to the costumers it was already defective then the product was damaged also on the Shipment a or even the buyer refused the delivery because the sellers ship the goods spooly know amongst lunch a sharp edge on oil asada their battle fader man you know behind your perennial but there are some cases specially couple Marin longtime mega-girl meet a new product I assure in order so the buyer can refuse the delivery so

now it's triggering now the sales return procedure okay so Aleppo presents a flow chart bar Inestimable is nothing but in the hand I will use the flow chart for this sales returns case I must make selenium process now that the Ania so when the item are returned okay the receiving Department okay this receiving Department okay in counts away in Binney bulimia in inspect Nia among items they believe up on the Ponte hi assess and put the highest customer service anybody English shipping department Villa so T take vanilla okay Mary C boba a topper in baby

anymore even president sir returning period and apart anything than the Nina whom behind the damage Prada they've amassed a demeaning Prada okay so after it was being checked and inspect name product apostle in Amman then that particular receiving Department will prepare but we saw hold return slip so Union returning items repaired it in sleep John now describing The item now the goods along with the happy of the return slip will be will go to the warehouse by to be restock amiable Ignace a warehouse your particular item now and although D toka say your Nashua bump

our name warehouse liebe ACM Prada papa on now the employee will now send the second copy of the return slip so Kyla and Maremma other copies only to say it will not go only to one department number I mean the partnership coupon Tanya the employee will send the certain copy of the return slip to the sales department they are not wantin a man you are Odysseus Department okay which will function to prepare what you so called accredit memo from Liana makea the bus accredit name when adding it means that there is a return it said

the credit memo non bank record huh okay eBay on hey so once the return slip was being received by the sales department Nepal prepared and accredit memorandum this Document is the authorization to credit my monitor authorization for the costumer to receive credit for the merchandise being returned okay so note that the credit memo is similar in appearance to a sales order some systems may actually use a copy of the sales order marked as credit memo I better dependent this accompany any children to edit me Manila okay so in this case know which specific authorization is

required the credit Memo goes to the credit manager for approval so as you can see the credit memo file nothing will go also to what the credit department know or credit manager for approval so I played it manager at credit department but the credit manager will will approve it now if the clerk has sufficient given Authority name and Komal Ambala see seals Department may don't collect and approve no return then it will go directly now to the billing department Saudi to say illustration at an Indian atom onion credit memo file doncha credit approval manager so

the marriage in eligibility because that's how they process it in this fight Euler example non flowchart pero Union a bucket oh hey Nina that in some cases the credit memorandum will go to the credit manager or credit personnel for approval okay so I am let's presume that the credit memo was already been approved Okay good to go Nisha so cool montages a billing okay so I know that the way no I think data don't billing department natin so on the billing department of course yup the new journal McGregor called Shannon sales returns and allowances okay

and then the copy of the credit memo will go to the inventory control oh hey ba hey the inventory control function adjust the inventory records and forwards the credit memo also to the House she Seba became a pop and Zunino but nap deepening inventory control records open table to information to the Hans receivable then periodically inventory control since a journal voucher summarizing the total value of inventory returned to the general ledger so as you can see from the inventory control jamierand in shankaranna do major action immense a general ledger Jochen enum una no bung get

Co after an inventory control yeah big neon then Mogollon Sheba ball pero in some cases no sabadie toe so the host the the inventory control since the journal voucher summarizing everything the general ledger to update also their tasks so similar account receivable submits an accounts receivable summary to the general ledger so map up and see Nino made eleven arrow then a Sababa know I think journal voucher face so let me see that so 80 or they buy it online net or from the journal Voucher in the inventory control okay it will go to the general

ledger in also see account receivables are married in a pupunta shadow owns the general ledger say you know she has a bigger file in editing update the general ledger for this particular transaction okay so any question and then a man okay so that's how Satan works no magic leadership arrow couples say I some a new system actually my beliefs Leung Mian okay now Here is all right here is the sales data in journal and Reena the bank it not in canina so the general ledger will post the following to the control account so it will

general entry now general ledger so it could be debit inventory control so I send a good return then debit also says she turns in allowances a contra sales ahan then credit cost of goods sold because the return will reduce the force of goods sold and then also the return will give us credit to fantasy Bubble control a car again because of the ether eight any question plain a man okay so that's the end of the sales free 10-part not in Ojai so the next part of I discuss on the Baha'i Nasir's order system away from

the time the ahmad is a costumer updates they'll be very high then just in case now my sales returned so at the yokohama then the next part of the revenue cycle which is the second subsystem is all about the cash receipts so again it will be the customers again Paying to us and we need to update of course our records and until our - or the check that was being paid by the customer will be deposited to the band okay so here is the flow chart Ojeda discuss not in sa Sammy me Dignan in dept

some a mail room may cash receipts may account receivable my general Humber and the entire controller okay so it's a Hindi no late night in your process but we will just discuss it in How we have discussed the order processing system okay so on the cash receipt process nothing okay so chambray not bill not a back I mean as a sales order processing the business a customer so I on on the part of the customer in venom and I get added mapa procession per goes up an attending Patna costumer then at Bob I had an

hour expenditure cycle my mind pair it on partner though we are going to receive so um processing a cash receipt nothing Okay subsystem will start once the costumers check and remittance advice are received in the mail room okay so I say in some cases that entities which are paying checks monkey not going the way nobody sentient through a million check the physical check will be sent to the other entities are the sellers mailing room okay so mer entire part on a merit by receiving person regarding those checks it's a bonito a mailroom clerk prepares The

cash free list and since the free list in the check to the cash receipts K Department nothing so the cash praylis is also saying to the hot receivable and the controller so I know bottom cash free list NATO or remittance list meta meta logged in so it only is not so it is where all of the cash received slug okay so Megan parent log now of course but can I receive Jim check a or even cash in some other cases me luck their me Mailroom clerk okay so you Magna your annual see me sensor be

dito going to the hashes its Department as well as the hunt receivable barium peanut chikki of course open the departures Akash receive Department okay so after the na Nana temple on ammoniated in Sahaj illicit Department Oh Sadashiv Department will okay verify the accuracy and completeness of the check so in deep orchid nabbed man Received Nina in check a immediately II the turn down generic white non-conscious above all no you need to check first no your accuracy and completeness Kassebaum American check a or Hyneman maid who learn the details check it so far at least just

in case they make oolong or may pick a homily door then it will be sent back to that particular by your para I you seen your checker are we clear on that then once then I Verify now you are curious in completeness no check it then we will know of the Knesset Journal okay so you know entry can mean an appetite apostle partnerships or reprocessing the house and we have to debit the cash and we credit the accounts receivable then of course that check will not stay in our company under the impress system of course

that check or cash will now be deposited to the back ok so the cash receipt Department will also prepare the Deposit slip now and then after that IANA the cashier Department will prepare a journal voucher to be sent a man to the general ledger to update your hand receivable not in a hound okay so until you win with the process so the hunt receivable in a man Department posts from the remittance advices to the house receivable subsidiary ledger so forgiving the nanny the particular Hans receivable Department your immittance advice okay I know baby mittens advice

actually that's an a particular document which is used to post the customers accounts in the heart receivable a so he proposed me a fantasy bubble mu a fantasy bubble in Avon to the subsidiary ledger now you have the Linea of course that angle in Yin now periodically a summary of course of the posting doncha subsidiary legend are then is sent to the general ledger okay so but ee ee um trabajo again importance In our chapter 3 discussion there should be a segregation of duty swami ABAB on getting coding elective muffin troll snail okay so continuing

after in my beginning of data see general ledger Department and Anya Delaware Inuit I coordinate upon the high general ledger Department one is coming from the cash receipts Department and then the other one is coming from the Han shippable Department sung-hee Naga one e GL Department it reconciles an inguinal Johanna you document a receive Nia mellitus Department passes its Department in every consulate ohm will Adams and a receive me Imola hi a hounds receivable department naman okay so once the to look my own then Sarah Palin Madre record any update Niang general ledger AHA I

which is most of the time muck balance a Jessica McHenry no onion upon tongue actually see or or billing amount that's how you check it don't sir - it's the banner Record Vanina Union upon taha consciously bubble but in some cases case a barnacle on the num possible problems the owns either of the two departments they might eat a bug it boasts a general ledger you discrepancies nila okay then afterwards champagne Denis positronic actually should Department the endeavor okay afterwards Jenna Papa so also you topple Carolinas intermediate a hunting one the control Area consents the

back huh so Adam reconciliation Amanda Monahan it will be already a separate process outside the cash receipt Latin or eben a shadow in certain urban cycle in viña shop esophagus or a mini cycle it's just been mentioned here so that you are always hanging at the top was young process don't support depositors aback often a deposit honest about what oppose na ho hey no not a necessity any related to pasta for no no It will be reconciled okay eventually unit discuss not a conciliation saying your intermediate accounting it's just an overview may encounter in the

end but the grab our you know a whole basin may experience no an international company that I have I am reconciling almost 1 million lines of checks whether there is a process naman can imagine ability on high but we will not discuss the reconciliation here hi IRA clear on the Ashley seed procedure Nathan or process Nothing I come Babel attenuate on discussion go no now casually see the soil associates or data Nina yeah Andy nuit papa Rita's in you do the flow sorry some somehow flow charts in a present cosa II know hey so I

am I out now anyways so let's move forward so understanding the cash receipt as well as you see us or the subsystem and they did have in your cycle ok we have already mentioned some controls and it Is important for us to have also revenue cycle controls it's because of the fact this control will help us to one safeguard non-union discussion such after three to safeguard the assets okay to avoid any fraud schemes that would be possibly happening in a particular cycle especially Nandita Pius adding revenue cycle guys okay now happen singer Vanessa process and

you're my important hilemon at the ECF to adjourn of course you you're a team a bin a bantha The items now the the the products that we have and also your cash nothing it I said as you all know the cash is very susceptible a house or even the susceptible acid deaf or even fraud now here is the summary of the internal controls okay in revenue cycle mom Maya we will dig deeper by an in in some of the slides okay so first would be of course in the transaction a tour is a Shawn in

our sales process in canina De ba two Austrade a sales order was being prepared it was for why did first to the credit department further credit check or approval hi so that's that's one key point mountain such an authorization for the sales processing and also known as golden return they BA Haneen and I got all now checking to magma by sharpest of Macedon so they've never returned so we checked for the return policy not then before we proceed to the processing of the return Hi on the other hand I think transaction authorization omen osto cash

receipts knuckle entire non remittance lease or cash pray list and in SML room they bar so shinik not in your Murray seeds na manga checks so nameless than Adam okay so are we good in that case first any question about transaction authorization hi millena man oh hi mcdonald Robert Mangino Ramirez playlists a national tour is a she onion so the prayer list Provides the means for us for verifying customers checks and remittance advice much in an amount so the presence of an extra remittance advice in the hunting house receivable Department or the absence of the

hasta mesh check in the harshly sick department would detect when the batches reconciled with the police thus the prayer lists authorized the posting of a remittance advice to a customers so without that prayer list no Without that otherwise remittance lists now hindi Douma proposed own so customers around you happy collection all right so that's that's the key factor neguin transaction Authority shown on problem are clear next would be segregation of duties as discussed in Chapter three segregation of you this is important because we don't want to have any collusion between employees so in the sales

processing Department since processing subsystem so as you can see the credit is separate from the processing okay the credit department they buy approval and Sonya that was a bayonet for professional documents at the same time no Prada the inventory control is also separate from the warehouse the bar and count receivable subsidiary is also separate from the general ledger so you see has a big open in sa inyo now Marketer and I mean departments it's because of the segregation of duties okay on the other hand in the cash receipt as well we have to separate the

cash receipts team with the accounts receivable team and also the heart receivable subsidiary ledger team than data update non and also the general ledger actually call a hawthorn you know sir I learned by Antonis in a sadly more it could either be one or two persons LOM and I'm okay but okay balance in any White department para is Howard eleven Powell onion or even couple behind entity of course was Madani depending upon how large is that then next would be a so supervision Sosa sales processing Kingdom and massage also prohibition because there is already a

strict segregation of duties but in some cases no for the cashes it sparked a there will be a supervision with regards to the mailroom okay so back it bow tie in a internal or In a group of non individual as supervisions on the cash receipts part mill room it's because the individual who opens the mail asked the access to both the cash which is an asset okay and the remittance advice which is used to record a transaction so Sonya have seen a bootleg remittance advice SiO - so I'm pointing arcing going Journal a cow because

you NASA me little that was holiday called remittance advice and in again with Sabine I think I Nina to Record it to the control Lahontan even the hush which is check it okay super democracy Sara in Ohio Naaman is still young check still correct doing so you know how we didn't check it oh hey better if opinion Allison and housing ad bar in check in a an epic dreamy sensible but uh but no longer menu and birthday D but Perot how about you my and it is now indication binaya Hindi checking Bernard - Bernard diba

anything of that not waiting how we knew none Million personnel so there should be a separate super fish supervising person but you got said that Milgram ok any question now also in the hunting records now control activity Nathan as you can see the sis order the sales journal that is a Babu a conscious Ababa subsidiary ledger the hunt receivable control at sahayam inventories subsidiary ledger and control at saw sales are separate they buy Indian is on record LA and in the Cash receipts we have the remittance advice the check other remittance omarama tyonne documents that

we could grill I and we could reconcile and we could check in order for us to record correctly our accounting records assailants and a pertinent in the private that it is very important that we reconcile properly everything before we record it rather than record it before you reconcile record it before you reconcile it because I must madam Mina gigging error especially Kumar bag opal on your Nelly record the Bionic are no problem Amos maraming the caja de una problema about me record Nash hopalong agree reconcile ah hey so it depends / indents accompanies most likely

hey another control will be about the access control nothing so the physical access to the inventory in the sales processing is separate okay I'm sorry the physical asset to inventory of Course it's only the warehouse my general access to the inventory then if a passenger lands our shipping in kapangan Corona now I'm good to go signal an issue ship iam product that is it being documents properly and also the access to the above the haunting records hey it's very important Cassie its individual assigned to those are the records should only be the one to have

been access over it they and then the physical access of course Prakash's Actually sits system okay and also the hash the access to the accounting records as shown above in the hash leases okay so you access your important the invoice okay you should never allow anybody even the manager of other department to access the record of your department unless it happens to have an approval or in a band devotion and so company's process Linea in handling records okay and then lastly we have independent verification so the shipping Department the billing department and the general ledger

Amina on our previous examples in discussion the binary reconcile Neal are you Mahad database on the record that they have deceived and they have so that there could be an independent verification do not just rely on I know you wanna see some record okay and also to the hash to see - we see they been a great record Shanna based the own sir Nerissa Mia from the mailroom a you know for redness a General ledger department which revalidate CEO that is Cigna from casually by matching it to account receivable Department and then also another control

issue in bank reconciliation for the cash being receives a high a China's about or not in a posh any question so for now hold on a samurai's number nature okay a social ignorance lies will this give us again the idea about what I have discuss so in authorization control so the Proper or sorry nation of the transactions are documented documentation should occur so that only valid transactions will get processed it Tamlyn Amanda by that we need to check the authorization so that we can only process the valid transactions except again be and approve then most

likely we should not record it Hey next would be within the revenue cycle authorization should takes place cannon And a bank it night or the sales is made on credit so that that's a credit department for checking a cash refund is requested divided an alert means a credit manager in a bank akane no or another and the person and the sales department if every depending upon the entities process and also the posting of cash payment received the customers account using the hash braley snapping okay and then that's the authorization control x would be as to

the segregation Of duties naman oh hey so kissing bye guys shoka oh ha oh my ass a segregation of two teens so we have the transaction authorized Asians should be separate from the transaction processing the asset custody should be separate from the asset recording and the organization should be structured that the penetration of a product twice collision between two or more individuals per ion and a simple multiple solution ion Okay so I know BAM a possible chemical you should meet Oh Tommy little boy doing in a human supervisor it's a I see and I see

everybody I saw a mail room click my Nova box is Nagoya Hwy not an edit nothing record I'm out by the winnaman detective control Jen is your independent verification Wedeman condominium costumer cool ghetto by amount and everything ok so there would be other controls as well but so so clicking the owns on segregation of Function just in case I'm a girl sell enough call you should anyway pollution so you open a green alarm delivered a banana mohanam from a so also another part of the segregation function as mentioned in the sales order processing system Vanina

is that credit authorization separates from the sales order processing they the inventory is separate from the warehouse in hand receivable subledger was separate from the general ledger account Then for the cash receipts our cash receipt team should be separate from the accounting records hunting records okay and also the hunt receivable subledger should be separate from the general ledger the asset supervision in a bug eating a meal room lang naman daiba of a news if i'm able to act appropriate segregation of duties and then supervisions is more important in the mailroom casa da deterrent to this

understand Ali bhai Adorn or the pending today wrapper iron pipe at along indeed though we should put the most honest employee there was some meal room platinum and an esper of most honest and Milgram presided by the money are allowed no bag of Omaha I think Saban departments Union on a penetration check all cash the new possible Nomura mean dishonest app ok and then the haunting records now should provide properly some audit trails so That we could drop the prints actions and the errors being made so Anna Boomhauer possible nope I think avail pre-numbered source

documents a osseous ordered a by your mama among sales order in a or and that's how you my journal entry vouchers they are prey numbered the special join us SIA subsidiary general ledger it's hi Omaha file Snyder should should be able to be traced now so that we could check remember time Money Maga all made on the game problem in between access control so the access to the asset and information should be limited only to the person allowed to do so okay and within the revenue cycle your asset to protect the cash and inventories especially

okay and the access to the records start an account receivable subsidiary ledger Ashley's cash assets journal should be this stricted except again a bit okay Yeah in and laughs hey you know my sauce inventory Spagnuolo I am Millian gem produce or assets physical assets that we have then it would cause us some problems but Bennigan's manner after scale myself a solicit there by the mailroom after Miller who put on a get just a hash receipt Thomas a Indian tourism and a from warehouse bar but the shipping I got it for delivery in dementia that than

some edit Department sending them when you're 40 or along Access you credit department inventories oh hey clipper guys okay and lastly we have the independent verifications so the physical procedures on record-keeping should independently reviewed by by this point system such as Co canina the shipping verifies the good sent to the way from the warehouse and are checking it for correctness of the type and quantity this is this is a good control action in cognitive ethology and Billy Barry FICA said this will avoid Any sales return unless nasira a long day ba on and the on

the process of daily very pero if you check nap and one of the reasons canina return is that Melia modification and I delivered so to avoid that then the shipping should also check ok whatever it is we seem from the warehouse among companies said they are and by about a hyorinmaru by a polygamous mahajan Prada or even my smuggled in quality you know the Harry Benjamin up in our belly I Don't know him at all okay better loogie name at the company door so we need to check properly we need to verify okay another is

that warehouse Lacan says the stock release document and the packing slip so that we could be able to check on tama by you a purpose on attend to the shipping department also the building reconciles the shipping notice with the sales invoice so Union sales invoices you know the invoice being received by the Customer and up in a room had not even a we need that I can sell that pair atomic Mattel again a Union alexeevna customer perito moreno but we build nothing to the customer and then the general ledger also being reconciled to bar us

accounting records ok any question guys voila so that's a general view of the revenue cycle so my own ok so some manual possible in agony on ship engine alone or some manual and I'm in purple purple Papillion now let's try to make It in the computer X environment no man okay so our next topic is all about the computer based accounting system for the revenue cycle so under the discussion no of our book so we have two technologies to two views now in terms of the computer based accounting system could either be an automation or

reengineering so let's distinguish this to another automation so an automation is the use of technology to improve efficiency and effectiveness eventually from a manual No you should at me accounting records hunting n3e so instead of doing that then you automate more gagawin and attention computer ok one one of the example gives a process mean I think of the address of course area called internal entry computer ok where you use a credit manager let's say for example now what they have experience in automation although mom Emily discuss Pattaya photo Leland and I an example course Automation

is operated part now instead of a signature the people mahan me credit manager Paris approval non-credit my customer now undergo vanilla is to either send an email or hanaman mail system monkey approval oh hey so Holly I need not go and on managers jellybeans and jelly be managing a hoppin avoid doing the bank but be no mump avoid no product in and awhile and is to input some code and then that will show as already an approval is apparent In an example no automation from a manual system you put it in the context of a

computer system Hey on the other hand when we talk about the engineering it is the use of technology to restructure the business process and film organization so it only engineering at ODU major mass extreme compared with automation I said aside from it was meeting computerized already on process re-engineering part knowin gagawin PI is to streamline your Process so that it could be more effective and more efficient I am a MIDI discuss my opinion and I agree engineering man alright so now in Manhattan a big man I know by another venue cycle data basis not then

it is a computer-based a hockey system so on the master file mer entire cost so my master file so that master file is our lists okay in the computer of who are those customers usually frequent costumer Chien marrow a bunk May miss may separate department i/o now the guy approved seen you long opposed to Manhattan and the customer file ok in a holiday begets a customer Master File nyan away I knew address ok onion usually in order not all of the data in a sales order form pass the ball now fill out / manually in

the manual system will be stored in the customer master file a so it will be it will be manned by separate team know them Sir I mean company before our customer master file is maintained by you Dina Pavan Amina OTC or decoupage team so shame regarding part on maintaining the customer master side there also a heart receivable master file so you may note on the files a MIMO tank and also the merchandise inventory master file okay so in update palagi and especially your customer master file I said why they add the lithium costs to my

door depending upon the the management no onion a Status no cost ammonia then also the transaction in open document file so even since order the insertion file now then this is invoice at sahayam cash receipts then others with the other files didn't happen - I think I mean at the ship being the price data for reference and then the credit reference file no the salesperson file may become highly minor made unknown oh hey Baja SAE base made on commission go cinamon hey benta the sales history file the Cached history file at Scion haha GC verbal

report file say to my so this will be seen in the computer X environment alright so economy Papa gaga - and ohonta necessary it all pitamaha it oh this is just the file already of what you are going to do now pero you you maintain insulin it's all about the database administrators now ah hi so let's talk about automation so in Automating the revenue cycle enemy re them is that authorizations and data access can be performed through computer screens so you know differences over the physical manual system Canon and I discuss that in all in

all you know it will appear in the computer screens there is a decrease in the amount of paper of course Cassell empower your sales order Dell in Dena Munna hi Lana it print on but it approves the different departments it could be self Soft copy for approval to other departments no and then you've been a final file in alarm it whip cream ok so the man will join us and ledger may change the disk or tape transactions and master effects so your ma master file scan inna then I discuss snappin on the previous slide will

now be automated and stored in a destroyed add a notebooks lebar Donal note no Savannah man the legend ok so input is still typically from the Hardcopy of course among a document or a from the hi crappy but it goes through one or more computerized processes NASA automation ok and it processes sport Deepa in electronic files or prepare the data in the form of hardcopy report so afternoon processes Leon come here in Manteo pill and document number get kahani nice or document along if you print method a hard copy by the in Apple yours or

Tunisia okay so on the automation of the revenue cycle programs It includes a format and screens for collecting the data so Marin million I know him being a show you Kumba goggle up I integrated I could know I know my new column a record enough for this affects our police ordered for Kayla and along and again Ito iron up in Gunsan East accustomed in agony but then we go to fill up the a bomb on a particular items on that sales order for high then edit checks on the data entered so bag gamma proceed Usually

doing some experience for bhagam bhag Presidium screen no social node they there would be a popping up okay have you read not check Manabe like I said you need to check as well died from a high drop we going to us completed X environment and leguminous a computer is go on in encode more in a process now computer system so that but again verification checkup one by one by the apothem led the baba ganoush I proceed Sonic's process and Then instructions for processing and storing the data so of course we're anti-union then security procedures such

as in password and user ID so he really my time and they burn a bomb get nothing and one of the control he should have an access control so miss mad Alicia in terms of computerized environmental second let's say one document with required the password only it will only be the the person assigned to that who will have that password and access okay Then steps for generating and display output Indian attire McGehee Ratna naman format panel maja reports not end because it could be already there right from the outputs the predator means outputs Numair undo

all sir system madam hey to understand files you must consider the record design and layout of course the Bob ago pagina Hawaiian system has discussed in Chapter one did but we have the user the fountains and as a person who will help the systems Design okay so that it could fit on whatever use that we are needing it ok then the documents and files use as input sources must contain the data necessary to generate the output reports of course important here then here is the overview of an automating system by the winner limit and copper

should be here in an automated system usually they used batch sis they use the batch processing now in our first chapter we have batch or sorry Second chapter pilot an assertion processing you have discussed much processing it's a real-time processing so in the automated we usually do the batch processing so that the benefit last time is more organized you gotta be nothing okay so Vito on the example of the batch processing automated so once the costumer okay so that's per batch Yuma giving a recording Nathan okay so this is this an example okay then how

about The engineering demand so as mentioned still I mean it is not sure the MTP not as to the processes so under engineering the sales order we used usually the real-time technology those automated batch processing leaders re-engineering we try to use the real-time a Kissimmee engineering in a really structure money from automated you know I use my automated pin up at the Lima then Marie in Geneva for the time a little time okay Kaien attend now in the real time k engineered sales order processing system so the manual procedures and physical documents are replaced by

interactive computer terminals hi so you mom my documents not in Canyon and interactive computer terminals a shop waiting any power yoshiya soil a nothing nothing in upon your customer even from the automated Benina it will be on an interactive computer terminal already then the real-time input and Output occurs when some master file still being updated using batches so there's a real-time the example of which is new entry of the customer order you'll bring out now star release the packing slip the Bill of Lading the update of credit file inventory file in the sales order file

how everyone's a bachelor man wedding bring out of invoices no anxious and some estimate update of closed sales order journal a half Alicia bubble and general ledger Control aha alright there are still some parts which are patches a pair of most of the time we will here hi engineer part real-time okay so this is an example of the real-time ordering system the Palestinian different sneden's automated batch canina no mass modulo the Joplin but I know now the engineers on us a through one system it on a pop of a designer and the computer operations now

sales order test them number branch out Nash are Going to the other departments compared with what we have the own so for Mesa batch system canina it needs to undergo a on the computer Department biases I mean computer Department muna and then Sahara is a pop another one okay so any advantage now real time processing nothing ok so last time to say as I have remembered in chapter it is this cash on bill again at in importance is small on the batch processing again Amanda real-time tire So it shortens the cash cycle of the frame

by reducing that time between the ordering date and the billing date so through reengineering to say no streamlining known about the buh-buh-buh send you some steps along and and they even the waiting time before we can proceed with the next part and our sample nanano you approval the manager bahama mayor will as a manager okay so reading through phones i check approval through emails labor even patio you plug In food mundi tap a debug update no master file so it's an advantage over the real time because it's shortens the cash cycle you know magnum gold

not end there by in your discussion of financial management that a house achievable thing over should be one ba Baba param whole exome a guardian cash they were say you know advantage chat or another is that better inventory management can lead to competitive advantage so the hill real-time lie update and deepen Attain a masterful nothing ok the inventories ok could be monitored properly yeah so Highland bonnet a McCoy a GAD reorder point the battle or Manitoba tire safety stuff to accommodate the future orders okay so many laminar get nothing in DITA next would be fewer

clerical errors reducing incorrect items being shipped and build discrepancy so that he'll Canada will check a good nap the agenda we could reconcile it immediately then reduces The amount of excessive paper documents and their storage course okay so silly make custom and potassium storage some people documents it's a high on storage non computerized or even plow the event soft copies pair of course people documents in purple maybe print more than in sahayam store warehouse or in a train or warehouse Paris a paper ripping in admin is still greater than have been a magnetically magnetic tape

or Hyneman on a cloud Environment hey so this only shows you what if you can enum a sediba automated sales order processing nine demand automated - receipts so you automate that in opacity sheets Perrineau you manual long then that was being put on a computerized environment then topic nearly engineer we and geocaches disney and it impossible pneumonia right now the mailroom is frequent target for the engineering and Ojinaga was a mailroom A companies sent the customers prepare and pair prayer printed envelopes and remittance advices hi so upon the receipt this envelopes are scanned to provide

a control procedure against F so unlike with the manual discussion I think I mean epic I receive you check em is mo fo for Madonn some our departments know what will happen here is that Isis is a department so dito he scanned down so the envelopes are scanned to provide Control yeah nanny Arianna miss Canyon check it then Sahai unions innocence so that additional control a paddock area checked and plug the thing in physicalness check a the answer department then machines are open I open machines I open the envelopes hey sorry Molina holla get a

better machines will open the envelope scan the rim either advise ensure and separates the check so there would be some sort of machineries Then up waiting gave me the National go person no no envelope and then that would be the one once a separate now so Alana Machado touch no person in the mail room so modern so prohibition along then artificial intelligence may used to read Henry the handwriting bustling meetings amongst in signature so eventually Union an AI could you machine could really do it instead of the particular mailroom person parody tow guys take note

her but NASA and in Ohio Company in Ohio of course we need to take into consideration the resources of the business in deep orkut discuss that indeed and I really engineer is a must less you we must less you mean fraud or money lesson not in yoga Haruna no problem as studies but of course we need to weigh the benefit and the horse and always said the benefit should exceed dollars so small entities maybe they cannot afford it but in larger entities they can do so ok then another Thing with regards to this assume point-of-sale

system I know Bato so our POS system so we have point-of-sale systems are used extensively in video exhibition so this is for customer spit inventory from the shelves in the Donna shear oppose the flirt will scan the universal product code so the POS system is connected to an inventory file where the price and description is receive example magnetometer grocery Stores you machine and Anatomy - in a session for example as they scanned it Mikey Tanya ok it will pay you I know it will pay you at even price nan de bah so quietly annum update

a god yes a point of sale okay peg but in his can be anemic said we had my map de gallo inventory record I know a line-item brother Benito boosts when you boost nah even let's say for example you can view for the information come be available stop Examples are National Bookstore a.m. our marketing kind of book they buy you can you can ask the customer service to check I know store buy a mirror own stock book so that's an importance of a point-of-sale system which is most of the time a value normally laughing grocery

store retail businesses so they have this already know okay so the system computes the amount jus the payment is idea cash check eighty and so no account receivable in this most case A source s M so Robinson's viewable the service stands in others they have this already POS hey Mei Mei question daya and then if checks ATMs or credit cards are used an online link to receive approval is necessary you check it I haven't encountered yet here in in a simple grocery store or even retails is in your gold now jqp number by I'd better

this APM in credit card I have experienced this already show bar go mug proceed Your payment no after he dependents evaporator most of the time no happiness Casio ATM there so my approval Monet a peeping a input million pin mo then Sahara approved then Tehama but by an automatic naturally cuz I assess and video nila Sahara no deshaney like a bug inside Melania called a hat insert more amount then your PIN then automatically maboob I add a layer without any cash handling scheme Hey then at the end of the day the Sheers shift at the

end of the day or - at the end of the shift shift the money and the receipts in the drawer I reconciled so they buy another tape the once again I'd know the banknote paper print num num recibo actually the Levon or Te'o and it's a beanie baby surface to my top assume it's another records at a per even permanent break your manager in a non lista Hana total says no Hyon yong-chol union area reconcile you over the hash that you have in your the ships Bus at sahayam manga approved 'no printed copy scan in

and a long let's say ATM or credit card never reconcile yon so that they could be able to check whether there Merrill - over or under and again alright so that's very fast as the POS system opinion a la pagina Y and your manual Mauricio so illilouette or papaya d but you know that's nothing is it said mugger open at a Matar person my very fibrous a POS you can just check the transaction history then my money Toward it through rechecking and reconciling it with what you have in the cache drover throw away in blue

Adama okay so when eto process point of sale and I hope then about breakin the money and the hot zones discussion cannon apparently the Ducks a Treasury KCK Treasury by bugs are you receive nikasha sales department a then let's discuss the reengineering using nom and electronic data interchange So this electronic data in change as the one which helps to expedite transactions okay so the customers computer it determines the inventory needed selects the suppliers with whom the business has a formal business agreement it Dyer's the suppliers cause computer and places the order okay then the exchange

is completely automated nor human intervention alright so by the way one example of This Adi Naughton is let's say for example not online order Thai or debar so some aasta.martin meeting many an editor in st. Behnam back online order case same you you you mother panel in blue CD they say for example the Tommy ma online blue city I have an experience that's radio mix p.m. explain security example a little electronic data interchange data is let's say for example you say SM appliance okay so on the device SM appliance within a chat Online call me

available stuff by newsroom Billina Prada and then pugna free tango okay Marin let's say L corner at the error code game go to see what it is no nothin okay i O'Donnell to place a tie in order for delivery and then you can pay it already automated you see what but the ATM wedding credit card they were so this an example of re-engineered process as in the order will happen online Computerized and also the payment will happen online so along the oil would be less human intervention shock so Margaret then undoing physical contact with the

item would be you believe very going to the first owner okay so that helps us to expedite the transactions without even but on some other manual processes ninth-inning the not in canina okay so this is an example of the EBI so Maryland 11 company away so for a Company a let's say the furchester may purchase system shots of the ABA translation it will communicate directly the answer software me Company B so my updates okay oh boy Drupal at OSI company in and ganito so my updated C Company B and then after that if a process

yeah then after that normal Bob is the company a it will go to the mill bus of a then it will go to the company B's mails bucks and then afterward it will go down to Company B As you can see less you lest you human intervention on the electronic data interchange it's more on monitoring Allah as well as my delivery man then it couldn't happen to be a deal even actually everybody Thomas a song tick tock tick tock the video is that in the US the I already also use shipping yanagawa nanorobots they were

so less Knar even payment be me big a don't several book neon okay so this is somehow new updates and new Omega malice schemes in order for businesses to make their processes no more faster and they could be able to collect cash from the inventories easily and they did have in the cycle okay any questions so far yeah and continue long guys so let's talk about the engineering using the internet so typically not formal business agreement exists as they do in the electronic big the interchange shanyna so most Order are made with credit cards in

in the indian observer a credit card so Hanuman debit cards the mainly done with email system and the strain a long time is necessary so hurry mama / ki or more dear sir lazada divine abdicate through emails or even cake text or even see shot deer in the back intelligent agents I needed to eliminate the time logs security and control over data is the concern with Internet transactions so I don't wanna Internet based entities net or Dirac what they are required to secure to secure data has a development in telephone number you address number haman

and doncha computer environment they so they need to strictly enforce your access control over that be taha say once Tanaka and then everything will have a bridge over the data privacy okay so I learn now more security better some in some other cases not primary concern your security would be the internet man Okay now next would be some control considerations for the computer-based environment although we have the computer as a manual control scanning and some additional controls and a discus now so let's discuss totally an opium controls that will fit to computerize our computer based

system so in terms of authorization in a real-time system what tarisha authorizations are automated so program decision rules must Closely Bonnie told so in summary in setting up your program Bowerman Havana credit manager per input module in your system ok Paquito see Kaustubh in agony talk anything in order then well I will automatically receive a pedal independent of our approval header is an approval perisheth Neela assume logic the computer program being this side a design to this side for this particular authorization then segregation of duties consolidation of Class by computer is common so it protects

the computer program coding processing and maintenance should be separated so Alabama consolidation of tasks so you should be complete I do everything but you need to protect the computer program okay at the same time your code being that's how you're passing it's I mean it should be segregated you know important the segregation of duties then say once the synod code you not per process although System the Minooka process or even shaneequa maintenance but in edit a modify your computer program so that Medina Muhammad improve okay so of course the man in a typical environment the

maintenance will be done by the I think people Ohio Hyneman a-hunting people then but separate Department okay another is supervision so in the POS point-of-sale system matter the cash registers internal paper databases added form of supervision so now I embed not The own system your supervision happen even though married my additional naman the manuals a pure gold Deb are kinda happy OS neo unplug the thing now I know the Baha'i Lama and put in a signature no manager chain a check preparer it's more on the number of bags they were number of boxes the marrow

organs are been aleena customer at they'd and it's more on the system the access control so magnetic records are burn arable to both on authorizing an authorized exposure And should be protected so let's protect the magnetic tapes the master files because the the one who carries all of the information so the access must have limited and also safeguard and monitor computer programs as much as possible guys okay so your password by a leap Amiga eventually as experience before every month we are changing passwords off a top post tired in it check geun-young combat any on

her laptop deny or the partner and an Historian Danza and diana laptop properly in association DNA Kagame 10 and Mahalo depending upon the entity's policy on because I'm a penny perm hand in now privacy about peterpanda violate me and a girl on a session other people then my cow as a person who process the information will be in a problem okay then hunting records so rests on reliability and security of stored digitalized data so in accountant should be skeptical about the curacy of hard Copy print out so we double checking hard copy print house and

then I talk in a bunker crater in chapter 2 the back up side very important know from the start along I'll back up tayo I say once namah shivay you sound file then we could retrieve another know the another copy from this backup file so we need to continuously update it as to how to do the backups it depends upon ions company policy Co Kaelin Silliman repair most of the time not that bad at the home Suggestion caucus I've been also a what we saw hold BCP officers found mrs. continuity plan manager so vinegar enemies

NTP nominees we are doing the update at the end of the day depending upon the ship of the employee a we update the data and then we have also independent verification so we consolidate the hunting record tasks and there one computer program which can remove the traditional independent verification controls so paramount their Problem your nation be performing on bass balancing after its run so the big men mop occurrence computer system it even total thing than we imagined but ambassador by balancing by then produced mansion reports and summaries the end users to review okay so the

legacy system package any rate you can check for a report okay print more download more a check monitoring independent verification even though it was being Consolidated by one computer program a and ghastly it's the PC based system so used by small films and some the central ice-creams it allows one or few individuals to perform the entire accounting function so most of the systems are divided into modules controlled by a menu driven program so we have the general ledger inventory control okay we have the payroll the hash disbursements then we have the purchase and accounts payable

the hashes And also the share holders okay Annabeth on PC not own personal computer be something system has Union usually any install the ones are personal computers that could only be accessed through the use of that particular installed application embossing I own you automated processes nila okay maja floud in barium although at all PCBs are still hospitalized for betray system we bus in her cloud Nahum processing I have experience of both in a pair ignite in PCB such a high of cloud no example known would be units with you NetSuite Oracle the earth cloud-based cement

along you SAT or sup it is a PCBs as installed shuttles I know a particular computer which has various modules although you you Maha online ID already having also various modules okay any question and then what's our the PC control issues so it tends to have an inadequate and segregation of duties and then it should compensate the increase In supervision a and the detailed management reports and frequently dependent verification Cocina as mentioned canina diba under the pc base most of the time it allows one or a few individuals to perform the entire accounting functions so

your segregation of duties major Noah Wyle as it should be compensated with other controls then access control access control so data should be stored on a computer that tends to be weak okay so methods of Encryption this love in devices should be used it I'll never install me I should say some computer okay Kayla and the protect mojo access over that computer it is the hunting records computer disk failure costs data loss then assert PC will enhance upon the Nakuru anomaly say for example by Rocha and nasira then there should be an audit about implementation

and in a go by or MVP once they use this PC control machine Opinion no bug no Alejo I know now allowing a single laptop car versus a laptop my own PC accounting system okay so envision are flooding Shannara synchronized free are you well are not and either okay so that's that's some of the control issues that we have from that PC a haunting system eraser animus maganda depend is entity from your PC a halogens are PC PC no man is young master smell anxious office they know you away That was my Simon about system

then that's the most of the time then although it will be mentioned also in the evidence a last topic about my own experience in her the information system most of the time entities are now on what we saw hold online or even cloud-based accounting system wherein it could be accessed anywhere else actually that a NASA pangasinan or connected to the bar opening mega sale had automated ok last No source document Maha Maha online then I just simply record it using my cloud-based system ok so that's all about our discussion for the Dean and the revenue

cycle I hope nineteen behind in your from the time that you have the order being received from the customer up to the end of delivery and collections okay then also some controls so you Montrose molecule it no long and now my encounter nothing okay depending upon an answer Context no on the value cycles then ah hi so if you do have any questions please feel free to us so just to end this now I know some of you you may the flow chart Vito in a Google Ohio I tell you but the thing is actual

practice now in Dino highlighting behind him data flow chart me and I need behind along issue a new process flown a simple line of my intent behind you because everything specially computerized or computer-based environment then it will Be done by the computer it's American comedian epilogue surprise with my bt peace my desktop procedures hey your union documentation Campania Chicago and so you can atone Mahalo discuss Kavita over all are just based on the bull pero it could possibly be modified or even change depending upon the set up of the entity pair in general Yakubu and

NATO this is just a general overview some specifics would fall on the entity based procedures now alright So that's all for today and I hope that I opinion again if you do have any questions please feel free to send your questions to our group chat hi and have a nice day everyone see you all on our discussion of chapter 5 we will start the expenditure cycle already so the long chapter on expenditure cycle we have chopped their five for the purchase and that's disbursement and then for Chapter six we have the payroll and we have

the fixed asset system okay so Thank you very much this is again available gardener are you signing off for the meantime good good day everyone