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 difference is that one is with a computer and the other is with writing utensils. i.e pencil, pen, markers
To many companies rely on accounting information systems because they are so prevalent. If the system fails, the business would be at a loss for information.
Advantages and disadvantages of class system
An accounting system is used in bank for various purposes. The system will help in basic bookkeeping of the bank's accounts and reconcile all transactions among other accounting functions.
pls give me accounting informotion systam
Advantage of computerised accounting 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
the data can be affected by viruses
This is an accounting system which uses the computer...blah blah blah black sheep
1. High cost of computer and maintanace. 2. lack of compter knowledge
the difference is that one is with a computer and the other is with writing utensils. i.e pencil, pen, markers
features of master file in computerised accounting
Exam question!
An accounting system can either be a manual system or a computerised one and both produce similar results when properly applied. An accounting system is part of the organisation's management information system therefore a good or decent accounting system must be able to produce reports like trial balance, aged debtors and aged creditors. Accounting systems must provide data that should enable the production of management accounts, statutory accounts and must also assist the managers and accountants in discharging their stewardship roles.
The disadvantages of throughput accounting is that it is very costly. The system might require the retraining of the staff which is a costly exercise.
A computerized accounting system can have faults embedded into the software. These problems can lead to inaccurate calculations for the business.
not easy to understand it