They are applications that run Accounting Processes, throughout which you can manage your financials, General Ledger, Accounts Payable and Receivable, Fixed Assets, and so on..
Examples:
Quickbooks, Peachtree, Dynamics GP, Oracle Financials, SAP, etc ...
Advantage of computerised accounting system?
features of master file in computerised accounting
Disadvantages; 1. You must learn the software. 2. The software will have bugs, so sometimes it will not work properly. The advantages far out-weigh the disadvantages.
Exam question!
This is an accounting system which uses the computer...blah blah blah black sheep
There is Sage Simply Accounting software, Peachtree Accounting Software, Intuit QuickBooks Accounting Software, AccountEdge Accounting Software for Windows and AccountEdge Accounting Software for Mac.
Arithmetical accuracy. Generation of reports Easy search and comparison.
Arithmetical accuracy. Generation of reports Easy search and comparison.
P. H. Bassett has written: 'Computerised accounting' -- subject(s): Accounting, Data processing
While the days of big volumes Journals, Ledgers, Cash Books are numbered , the role of computerised accounting has become immense. With finger tips, the management can have a glimpse of the present status of the company, without waiting for the manual statements prepared with strenuous manpower and length of time.Ensuring saving of space, time, without computerised accounting, modern business world would be rudderless.
Peachtree Accounting software is the oldest accounting software in the world. Peachtree software contains all forms of accounting services. Peachtree Accounting software makes bookkeeping quick and easy.
computerized accounting is method of accounting using modern accounting technology .it will reduce the problems in manual accounting and help to save time cost ,prepare accurate accounts and also help to easy communication of accounts.