features and advantanges of accounting
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Answer: Advantages
Simple and fast data entry processes.
In-depth and comprehensive financial reports for better decision making.
Reduction of manual errors due to automation of processes.
Saves time taken for approval of invoices and cash disbursements.
Saves staff costs on manual accounting.
Features
Accounts receivable (order to cash)
Accounts payable (procure to payment)
Financial close.
Time and expense capture.
Fund accounting.
Project accounting.
Revenue recognition and management.
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