$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

2107AFE : Accounting Information Systems

tag 0 Download4 Pages / 788 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT
  • Course Code: 2107AFE
  • University: Griffith University
  • Country: Australia


Part A

You are working as an accountant in a local accounting firm. You have been approached by David and Victoria, the owner of “Action Sports”, a brand new sports clothing and accessories business. They have chosen Xero as their cloud based accounting system and have employed you to set up their company in Xero and enter the first month’s transactions. You are required to enter a range of transactions and generate some reports to assist with the business start-up. All information has been supplied by the business owner for you to input. The set up and transactional data is provided in Interact Resources.

Task requirements:

Process your clients' transactions for March 2018. Generate and submit the following reports to your client for the month of March 2018;

  1. Profit & Loss
  2. Balance Sheet
  3. Trial Balance
  4. Aged Payables (detail)
  5. Aged Receivables (detail)
  6. Inventory Item Summary.


Part B

It is now June 2019 and Action Sports has been moderately successful, experiencing steady growth. David and Victoria now employ 4 staff and have developed an online business as well as their initial shop front. They presently hold a range of inventory at both their shop front and at a large storage area in a central location. Their 5 year plan includes growing their current customer base by 20%.

They are not sure that they have selected the right accounting package (Xero) for their business and are seeking advice regarding other possible cloud based accounting systems. Provide David and Victoria with a brief 2 page report discussing other cloud accounting systems available to them. Your executive summary should include:

A comparison of at least three (3) cloud based accounting packages available to small business in Australia which have the following features 

1.General Ledger (GL), Accounts Receivable (AR), Accounts Payable (AP), Payroll for 20, Inventory and Reporting;
2. Digital Dashboards; and
3. Secure Bankfeeds.

A clear recommendation to ‘Action Sports’ regarding which accounting system you believe is best for their business, including your rationale

Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Unique Document

Under Evaluation

Get Money
into Your Wallet

Total 4 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2020). Accounting Information Systems. Retrieved from

"Accounting Information Systems." My Assignment Help, 2020,

My Assignment Help (2020) Accounting Information Systems [Online]. Available from:
[Accessed 31 October 2020].

My Assignment Help. 'Accounting Information Systems' (My Assignment Help, 2020) <> accessed 31 October 2020.

My Assignment Help. Accounting Information Systems [Internet]. My Assignment Help. 2020 [cited 31 October 2020]. Available from:

Essays are best done by us as we have with us native essayists with over 6+ years of writing experience in different domains. After all experience speaks in the form of seasoned writing and insightful summaries. Cause and Effect Essays are encountered by students in all the classes till Post grad levels. Hire our essay experts to get the best topic for cause and effect essays. We analyse all the causes and cite their effects with multiple examples. Proper essay structure, great essay outline and efficient linking of points are some of the positives in our booty.

Latest Accounting Samples

HI5020 Corporate Accounting

Download : 0 | Pages : 10
  • Course Code: HI5020
  • University: Holmes Institute
  • Country: Australia

Answers: Analysis of Cash Flow Statement Significant Items included in Cash Flow Statement The cash flow statement is a part of the financial statements of the business which is to be published with the profit and loss statement of the business and the balance sheet of the company. The cash flow statement shows the cash inflows and outflow of the business and ultimately shows the closing cash balance which is available to the company at the ...

Read More arrow

HI6025 Accounting Theory And Current Issues

Download : 0 | Pages : 8
  • Course Code: HI6025
  • University: Holmes Institute
  • Country: Australia

Answers: Introduction The introduction of International financial reporting standards (IFRS) have led to a great change in the format of reporting and how the company is carrying on the general accounting. It had an influence on the equity, assets, liabilities and income of the entities in Australia. The application of the IFRS was a difficult task which engaged large variations among the reporting as per country specific accounting standards...

Read More arrow

HA 3011 Advanced Financial Accounting

Download : 0 | Pages : 6
  • Course Code: HA 3011
  • University: Holmes Institute
  • Country: Australia

Answer  Part A: Criticism on the adoption of IFRS in Australia Australia decided to replace its accounting standards with the International Accounting Standards Board (IASB) win 2002 with an aim of enhancing the flow of Australian business in the global market. However, some Australian accountant and financial experts have criticised the use of IFRS as captured by Agnes King in her article entitled ‘Unwieldy rules useless for investo...

Read More arrow Tags: Australia Melbourne Management Computing Theory University of New South Wales 

HA3011 Advanced Financial Accounting

Download : 0 | Pages : 9
  • Course Code: HA3011
  • University: Holmes Institute
  • Country: Australia

Answer : PART A The Conceptual Framework was issued by Financial Accounting Standards Board to help companies in financial reporting. The revised framework was aimed at ensuring that companies in the global market can eliminate the differences that exist between the reporting of financial statements.  The revised framework is part of the International Financial Reporting Standards that are a single set of accounting standards. The revised ...

Read More arrow

BUS502 Principles Of Economics For Accountants

Download : 0 | Pages : 2

Answer 1. Predominantly, price setting implies the process by which firms influence the price of goods and services whereas collusion implies the coming together of firms through anti-competitive means in the conduct of business. Usually, collusion takes place among competing firms in the same industry. Typically for most economies price setting and collusion are illegal market conduct which are regulated through competition and anti-trust laws....

Read More arrow

Save Time & improve Grade

Just share requirement and get customized Solution.

We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

Add File

Error goes here




Overall Rating



Our Amazing Features


On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.


Plagiarism Free Work

Using reliable plagiarism detection software, only provide customized 100 percent original papers.


24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat. If you are unable to calculate word count online, ask our customer executives.


Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.


Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

230 Order Completed

97% Response Time

Liya Han

Master Of Science in Geotechnical Engineering (MSc Geotec)

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

529 Order Completed

95% Response Time

Ivan Blank

PhD in Functional Human Biology

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 4/5

248 Order Completed

100% Response Time

Lloyd Bernabe

MSc in Accounting

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

203 Order Completed

97% Response Time

Richard Alpert

PhD in Psychology

London, United Kingdom

Hire Me

FREE Tools


Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.


Essay Typer

Get different kinds of essays typed in minutes with clicks.


GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.


Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.


Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability




Your Approx Earning

Live Review

Our Mission Client Satisfaction

thank you so much i will definitely refer my friends the writer did a great job I\'m so happy, it made me understand the module better


User Id: 473360 - 30 Oct 2020


student rating student rating student rating student rating student rating

I can see real improvement in your work and professional skills as of late. I think you’ve come on leaps and bounds. I am particularly impressed with your ability to provide high attention to detail, without compromising on speed. Keep up the good ...


User Id: 427804 - 30 Oct 2020


student rating student rating student rating student rating student rating

the work was great the result was not too bad on doe its was not a fail but a pass which is okay on doe i was expecting to get something higher then that but all the same the work was ok.


User Id: 62378 - 30 Oct 2020


student rating student rating student rating student rating student rating

the work is good i am happy with the work the results are good and perfect very very happy with the work


User Id: 62378 - 30 Oct 2020


student rating student rating student rating student rating student rating
callback request mobile
Have any Query?