financial accoounting

1. TEAM 06
FA
PRESENTATION

2. Database
Accounting

3. CONTENTS OF THIS PRESENTATION
1. What is database ?
2. Examples for database
3. Users of database accounting
4. What is database accounting ?
5. Examples of database accounting
6. Advantages of database accounting
7. Disadvantages of database accounting
8. Designing Database for Accounting
9. How can we build an Accounting database
10. Accounting Database and SDLC
11. Difference between Manual and Database accounting
12. Examples of Database accounting

4. WHAT IS
DATABASE ?
01
d it

5. DATA BASE
Database is an organized collection
of structured information or data
typically stored electronically in a
computer system. A database is
usually controlled by a database
management system.

6. Examples for
database:
1. My SQL
2. Microsoft Access
3. Microsoft SQL server
4. Filemaker pro
5. Oracle database
6. DBASE
02

8. Uses of database:
● Improve business processes
● Keep track of customers
● secure personal data
● Store personal data

9. What is database
accounting ?
A database is a shared collection of inter related data
tables which meet the various informational needs of an
organization thus an accounting database stores the
accounting data . It is the collection data which is inter
related to depict the various aspects of the accounting
information system.
3

10. Examples for Database accounting
Following is an examples of accounting Database for maintaining Data relating to
employees and accounting transactions.
Date
2018
Transactions Amount
April 01 Commence business with cash 600000
April 03 Deposit cash into bank 500000
April 05 Purchased goods and paid by cheque no.
76543210
120000
April 07 Salary paid in advance by cheque
no.76543211
10000
April 09 Purchased goods for cash 60000

11. Example 02
Employee
ID
First name Last name Address Phone NO Super ID
number
A0001 ASHOK N RAO 1234
B001 DIVYA R SHARMA 7890
C0004 LAKSHMI NARAYAN 4567
D008 GOWRI SHANKAR 6879
P010 SEETHA RAMACHANDRA 4598
H058 LEELA R NAYAK 5945

12. ADVANTAGES OF DATAABSE ACCOUNTING
•Simplicity
•Reliability
•Cost effectiveness
•Ability to collaborate
•Improves time management
•Analyses data

13. DISADVANTAGES OF DATAABSE ACCOUNTING
• potential fraud
•Technical issues
• incorrect information
• High complexity
•High hardware cost
•Huge size

15. Reality
ER Design
Relational Data model
Normalization
Refinement
Need
to
Refine
?
NO
Final
Yes