answersLogoWhite

0


Best Answer

It is the accounting system under which books of accounts are prepared and managed by using specialized computerized accounting softwares like quickbooks, peachtree, SAP, oracle or Microsoft excel etc.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

10y ago

It is the accounting system under which books of accounts are prepared and managed by using specialized computerized accounting softwares like quickbooks, peachtree, SAP, oracle or Microsoft excel etc.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a computerized accounting system?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are some of the attributes of a computerized accounting system?

what are some attributes of computerized accounting


Computerized accounting system?

Computerized Accounting System or CAS pertains to an integrated system that creates automated book of accounts and computerized accounting records and documents. Compared to manual accounting, CAS saves more time and is not prone to human error.


What is the flow of data in a computerized accounting information system?

what is the flow of data in a computerized accounting information system


The flow of data in a computerized accounting information system is?

what is the flow of data in a computerized accounting information system


What are the disadvantages of Computerized Accounting?

With a computerized accounting system you have to secure your information. This is an extra cost for the business that can be avoided with a manual system.


Defination of computerized accounting system?

The computerized accounting system refers to the organized set of computerized procedures and methods used by businesses to record their financial information.


Disadvantages of computerized accounting system?

A computerized accounting system can have faults embedded into the software. These problems can lead to inaccurate calculations for the business.


What is the differences between manual computerized accounting systems for a service business?

A manual accounting system is a method of processing accounting functions with pencil and paper. A computerized accounting system allows accounting professionals to compute accounting tasks with a computer.


What are the Salient features of computerized accounting system?

lolllxzzz


What computerized accounting system does SAP use?

SAP Is itself a computarized accounting system and does not use any other computarized accounting system.


What is computerrized financial accounting?

Computerized financial accounting means performing the accounting function using some kind of computerized accounting system or package like peachtree, quickbooks, SAP etc.


What is the definition of computerized accounting system what is computerized accounting system?

A computerized accounting system is made up of a computer or group of computers and an accounting software program. Many different types of systems are available to accommodate any type of business.TransactionsA computerized accounting system is used to record the transactions of a business. Every time a transaction happens, an entry is made into the system. The system records all the information and stores it in the system.StorageAll information that is entered in the system is stored in the system. Most companies perform back-ups to the system regularly to avoid losing any information.ReportsA computerized accounting system is designed to record all information and summarize it in the form of financial statements. At the end of every period, the system generates financial statements that are distributed accordingly.