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Disadvantages:

  • Computerized systems are always at risk of being hacked, power failure, viruses and losing information.
  • Systems can be costly as they require constant updating and staff need ot be trained to effectively use the system.
  • Security issues are posed with a risk of computer fraud.
  • Human error is often not as quickly identified, and records input need to be validated for accuracy.
  • Computerized systems can be difficult to understand and if the systems are not specifically adapted or set up for the business it can cause havoc to the accounts. [http://basiccollegeaccounting.com/]

Sam :)

Disadvantages:

  • Computerized systems are always at risk of being hacked, power failure, viruses and losing information.
  • Systems can be costly as they require constant updating and staff need ot be trained to effectively use the system.
  • Security issues are posed with a risk of computer fraud.
  • Human error is often not as quickly identified, and records input need to be validated for accuracy.
  • Computerized systems can be difficult to understand and if the systems are not specifically adapted or set up for the business it can cause havoc to the accounts. [http://basiccollegeaccounting.com/]

Sam :)

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