Explain 'Payroll Accounting subsystem' and 'Coasting Subsystem'?(4 mark)
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Accounting Information System (AIS) and its various subsystems may be implemented through Computerised Accounting System. The subsystems are:
1. Payroll Accounting Subsystem: It deals with payment of wages and salary to employees. A typical wage report details information about basic pay, dearness allowance, and other allowances and deductions from salary and wages on account of provident fund, taxes, loans, advances and other charges. The system generates reports about wage bill, overtime payment and payment on account of leave encashment, etc.
2. Costing Subsystem: It deals with the ascertainment of cost of goods produces. It has linkages with other accounting subsystems for obtaining necessary information about cost of material, labour, and other expenses. This system generates information about changes in the cost that takes place during the period under review.
Subsystem'
Subsystems. A subsystem in accounting programs is simply a smaller system that exists within the primary structure of the program. ... Subsystems divide the software program into further pieces for specific accountin
The Payroll Subsystem.
Typical inputs include individual employee details and time sheets. Outputs include the payroll register, gross payroll costs, group certificates and a list of all employees.
Coasting Subsystem
The Brakes
Like any train, a roller coaster needs a brake system so it can stop precisely at the end of the ride or in an emergency. In many roller coasters, there are also spots along the track where the train is slowed or stopped deliberately.
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