a short note on the use of computerised accounting system
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The main advantages of a computerized accounting system are listed below: Speed – data entry onto the computer with its formatted screens and built-in databases of customers and supplier details and stock records can be carried out far more quickly than any manual processing.
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The Different Types
As you start looking at computerized
systems, you'll find that there are a lot of
options! Basic features tend to be
consistent across most programs. It's
helpful to compare several to see which
features and capabilities best match your
business operations.Generally, the least expensive computerized
options are pre-developed, off-the-shelf
accounting software packages. These are
software packages that typically offer
common functions that apply to most
businesses, and usually have some
flexibility to customize certain features to
meet the needs of a company. Most
businesses, however, will find they may
need to adapt their processes to match howthe software works.
As you start looking at computerized
systems, you'll find that there are a lot of
options! Basic features tend to be
consistent across most programs. It's
helpful to compare several to see which
features and capabilities best match your
business operations.Generally, the least expensive computerized
options are pre-developed, off-the-shelf
accounting software packages. These are
software packages that typically offer
common functions that apply to most
businesses, and usually have some
flexibility to customize certain features to
meet the needs of a company. Most
businesses, however, will find they may
need to adapt their processes to match howthe software works.
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