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Typically composed of records that have been processed but are retained for their history

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Lists of vendors, delinquent customers, tax tables, sales tax rates, discount rates, lists of customers granted specific discounts

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Correspond to general and special journals

Examples:
-general journal
-sales journals
-cash receipts journals
-payroll journals

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A master file is the main that contains relatively permanent records about particular items or entries

Examples:
-supplier file
-customer file

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-service disruptions

-impose unwanted changes to service offerings

-experience a security breach

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-flexible payments

-scalable usage

-automatic updates

-accessibility and persistence

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A software distribution model in which a third-party provider hosts applications and makes them available to customers over the Internet. SaaS is one of of three main categories of cloud computing.

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Basic set-up at a price attainable to your business

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Apply e-payment

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Keep track of price variations in your system

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Use the data to detect the trend and behaviour of the customer.

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Processed payment and track the inventory

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Examples: Employee benefit system, Job skill tracking system, Product analysis, Portfolio management system

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Provide information for internal users only

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Non-financial transactions that AIS don’t processed

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Examples: Transaction processing system, Management Reporting system, Financial reporting system

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Provide information: External and internal users

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Financial and non financial transactions (for the non-financial transactions, all economic event convert into financial transaction and expressed a number)