difference between manual accounting system and computerized accounting system in simple language
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A business has the option of using a manual accounting system, keeping their financial records by hand. A business also has the option of using a computerized accounting system, keeping their financial records with the aid of a computer andsoftware package. This lesson focuses on a manual accounting system.
An accounting system is a collection of processes, procedures and controls designed to collect, record, classify and summarize financial data for interpretation and management decision-making. Computerized Accounting involves making use of computers and accounting software to record, store and analyze financial data.
I hope it will help you.
An accounting system is a collection of processes, procedures and controls designed to collect, record, classify and summarize financial data for interpretation and management decision-making. Computerized Accounting involves making use of computers and accounting software to record, store and analyze financial data.
I hope it will help you.
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