Academia.eduAcademia.edu

Outline

Analysis and Design of an Accounting Information System

2017, International Research Journal of Electronics and Computer Engineering

https://doi.org/10.24178/IRJECE.2017.3.2.16

Abstract

This paper discusses an Accounting Information System (AIS) that is developed in-house by the German Jordanian University (GJU). The AIS is a web-based distributed application that is comprised of three separate tiers: the client, web (application), and business (data) tiers. The three tiers are designed and developed such that the system is easy to use, effective, fast, accurate, reliable, and scalable. The AIS mainly enables accountants to manage (i.e., record, view, edit, and delete) the daily financial transactions such as payments, refunds, and adjustments. Furthermore, it allows managing fees (e.g., services and tuition fees) and student data (e.g., academic information, schedules, transcripts, holds, registration invoices, and statement of account). Moreover, it allows specifying sponsors and supports the definition of complex scholarship tuition fees coverage combinations related to the GJU as well as most of the Jordanian universities. Besides that, it enables the quick generation of financial statements and accounting reports (e.g., daily summary, daily journal, and student balances) at the click of a button. The generated reports can be used by the staff and management of the financial department for auditing, financial accounting, and decision making purposes. The system was successfully deployed in the first 2015/2016 academic semester and since then it accurately recorded and processed thousands of accounting transactions.

Key takeaways
sparkles

AI

  1. The AIS significantly improves accuracy and efficiency in financial transaction processing for GJU.
  2. It features a three-tier architecture: client, web, and data tiers for optimal performance.
  3. The system recorded approximately 28,000 transactions in its first operational year, showcasing its reliability.
  4. Accountants can manage complex tuition and scholarship definitions, enhancing financial decision-making.
  5. The paper outlines the design and deployment of an in-house developed AIS to replace a proprietary system.

References (13)

  1. F. Al-Hawari, A. Alufieshat, M. Alshawabkeh, H. Barham, and M. Habahbeh, "The software engineering of a three-tier web- based student information system (MyGJU)," Computer Applications in Engineering Education, DOI:10.1002/cae.21794, vol. 25, no. 2, pp. 242-263, 2017.
  2. A. Mansoor, "PIA Accounting system," Journal of Information Communication Technologies and Robotics Applications (JICTRA), vol. 11, no. 11, 2017.
  3. E. Bonollo, S. Lazzini, and M.Z. Merli, "Innovations in accounting information system in the public sector. Evidences from Italian public universities,"InStrengthening Information and Control Systems, pp. 199-216, Springer International Publishing, Switzerland, 2016.
  4. M. Strumickas and L. Valanciene, "Development of modern management accounting system," Engineering Economics, vol. 21, no. 4, 2015.
  5. W.S. Schwaiger, "The REA accounting model: enhancing understandability and applicability," In Conceptual Modeling, pp. 566-573. Springer International Publishing, Switzerland, 2015.
  6. D. Watts, P.S. Yapa, and S. Dellaportas, "The case of a newly implemented modern management accounting system in a multinational manufacturing company," Australasian
  7. Accounting Business & Finance Journal, vol. 8, no. 2, p.121, 2014.
  8. H. Du and T.J.T. Wang, "A mechanism for converting a relational database into an object-oriented model: an AIS application," Review of Business Information Systems (RBIS), vol. 9, no. 1, pp.55-68, 2011.
  9. P.C. Chu, "An object-oriented approach to modeling financial accounting systems," Accounting, Management and Information Technologies, vol. 2, no. 1, pp.39-56, 1992.
  10. M.R. Hasan, M. Ibn Ibrahimy, S.M.A. Motakabber, M.M. Ferdaus, M.N.H. Khan, and M.G. Mostafa, "Development of a web-based financial application system," In IOP Conference Series: Materials Science and Engineering, vol. 53, no. 1, p. 012080. IOP Publishing, 2013.
  11. J. Juneau, "Introducing Java EE 7: A look at what's new," Apress, United States, 2013.
  12. J. Juneau, "JavaServer Faces: introduction by example," Apress, United States, 2014.
  13. M. Caliskan and O. Varaksin, "PrimeFaces cookbook," Second edition, Packt Publishing, United Kingdom, 2015.

FAQs

sparkles

AI

When was the AIS deployed at the German Jordanian University?add

The AIS was officially launched at the beginning of the first semester in 2015/2016.

How many transactions were recorded in the AIS within the first academic year?add

Approximately 28,000 financial transactions were recorded from September 2015 to May 2016.

What are the main categories of activities in the AIS?add

The AIS activities can be grouped into Fees Management, Student Data Management, Bookkeeping, and Reporting.

What types of fees does the AIS manage for students?add

The AIS manages tuition fees, services fees, and various types of scholarships provided by sponsors.

How does the AIS ensure accurate invoicing during registration?add

The system automatically computes tuition costs based on recorded scholarships and fee definitions during invoice generation.