to improve security
data retarndance
prevent data loss
get rid of bulky paperwork
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A computerized system is a system that is automated. With computerized systems, businesses are able to increase their productivity and efficiency.
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The computerized accounting system refers to the organized set of computerized procedures and methods used by businesses to record their financial information.
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what is the flow of data in a computerized accounting information system
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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.
The objectives of a computerized accounting system include enhancing accuracy by minimizing human error, improving efficiency through automation of routine tasks, and providing timely access to financial data for better decision-making. Additionally, these systems aim to facilitate compliance with regulatory requirements and improve data security. Ultimately, they streamline the accounting process, allowing organizations to focus on strategic financial management.
The advantages of a computerized system are many. It is quick and easy to calculate items. A downside is always when the computer fails.
A computerized accounting system can have faults embedded into the software. These problems can lead to inaccurate calculations for the business.