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Benefits of computerised accounting?
Here are the key benefits of computerized accounting: Accuracy – Reduces human errors in calculations and data entry. Speed – Processes financial data quickly, saving time. Real-time Information – Provides up-to-date financial reports anytime. Cost-Effective – Minimizes manual work and reduces administrative costs. Easy Data Retrieval – Simplifies access to past records and transactions. Better Decision-Making – Offers detailed reports for informed business planning. Security – Protects data with backups and access controls.
Disadvantages of computerised accounting system?
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.
What are dis-advantages of computerised accounting information system?
The disadvantages are that if you don't save it correctly you might loose all of the accounts and remember to expand on this
What are Master files in accounting?
features of master file in computerised accounting
What are the objective of computerised accounting?
Exam question!
What are the disadvantages of a computerised system?
the data can be affected by viruses
What are the advantages and disadvantages of computerised communication?
It is fast it. it is bad
What are the Components of a computerised accounting system?
This is an accounting system which uses the computer...blah blah blah black sheep
What are the advantages of computerised accounting?
Arithmetical accuracy. Generation of reports Easy search and comparison.
What are advantages of computerised accounting?
Arithmetical accuracy. Generation of reports Easy search and comparison.
What are disadvantages of forensic accounting?
what are some disadvantages of being in forensic accounting
What has the author P H Bassett written?
P. H. Bassett has written: 'Computerised accounting' -- subject(s): Accounting, Data processing
