Electronic Accounting: Electronic Journal and Ledger with Decision Support System

Abstract

Electronic Accounting: Electronic Journal and Ledger with Decision Support System will provide a customized Electronic Accounting: Journal and Ledger system that is more reliable, more efficient, and can easily produce reports of the transactions in Tabontabon LGU. The Electronic Accounting is essential for LGU’s and companies not only to record and track what events are happening or what events have happened in the past, they are also one of the most important tools for management to predict the financial future of a firm and take according actions.This study reflects about the current and future role of Accounting System for municipalities by analyzing the main responsibilities of accountants and financial professionals.The researchers use the Rapid Application Development Model of Systems Development Life Cycle in software development methodology. The concept of RAD emphasizes the fast and iterative release of prototypes and applications. The researchers conducted a series of interview, analyze the gathered data and present the design and functionality of the system accordingly in which the respondents test and use the system resulted with a positive remark that the developed Electronic Accounting software was educational and can be implemented.It is concluded that the developed Electronic Accounting: Electronic Journal and Ledger with Decision Support really achieved the objectives in innovating the functions of accounting personnel to work easier and faster. The system functions smoothly in executing reliable reports and processes.