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AFK Company - Afaqy Information Technology Founded in 2014. We work in the field of information technology and we have the experience, competence and precedent of business, which makes us proud to be an entity on which many institutions and companies of different activities depend, and to win the trust of many investors and business owners, as the tenth city has taken the size of our business as our headquarters. The largest gathering of industrial investment in Egypt) to be side by side with investors and business owners,
We are pleased to provide our services in various technical fields in various countries of the Arab world
Please fill in the information to request the full version
AFK Company - Afaqy Information Technology Founded in 2014. We work in the field of information technology and we have the experience, competence and precedent of business, which makes us proud to be an entity on which many institutions and companies of different activities depend, and to win the trust of many investors and business owners, as the tenth city has taken the size of our business as our headquarters. The largest gathering of industrial investment in Egypt) to be side by side with investors and business owners,
We are pleased to provide our services in various technical fields in various countries of the Arab world
What is meant by the accounting system:
It is a plan that represents a set of procedures and steps for the applied side of accounting, which helps to complete the main functions of accounting in the inventory, recording, classification and summarization of the results of financial operations in the form of financial statements in a way that ensures the achievement of the objectives sought by accounting
The accounting system is divided into two parts, manual and electronic:
Manual section: It is the books and accounting records that are manually recorded, and it is the regular system that is visible and tangible
Email Section: Using the computer to enter data, run it, reprocess it, and produce accounting information in the form of financial reports and financial statements
The accounting system consists of three parts:
1- Input: It is the raw material of the system, and it is the data that is generated from financial and economic events such as “purchase invoices, sales invoices, payment of expenses, and revenue collection.”
2- Operation: It is a set of operations that are carried out on inputs, whether manual or automated, and include “registration, tabulation, summarization.”
3- Outputs:- It is the final information that is published in the form of financial statements “statement of financial position, income statement”.
Therefore, the accounting system can be defined as having three basic stages:
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