1. High cost of computer and maintanace.
2. lack of compter knowledge
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.
The disadvantages are that if you don't save it correctly you might loose all of the accounts and remember to expand on this
features of master file in computerised accounting
Exam question!
the data can be affected by viruses
It is fast it. it is bad
This is an accounting system which uses the computer...blah blah blah black sheep
Arithmetical accuracy. Generation of reports Easy search and comparison.
Arithmetical accuracy. Generation of reports Easy search and comparison.
what are some disadvantages of being in forensic accounting
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.