Question

give the automation in accounting process ​

Answer 1

A disruptive change is just around the corner for the refining sector. The refining industry is gearing up for the big challenge of implementing new tighter global bunker fuel specifications known as “IMO 2020”.

This could be a threat to simple refineries that disrupts the mini ‘golden age’ of healthy margins, which was brought on by an oversupplied crude oil market in recent years. However, IMO 2020 could also be an opportunity for complex refineries if options can be evaluated effectively using the right tools.

Honeywell Process Simulation for Refining provides a model solution for refineries, whether the long lead investments for this change are completed, underway, or currently under evaluation.

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Answer 2

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☞Automation of Accounting Process :

When accounting functions are done by computerised accounting software that is known as automation of accounting process under the automation of accounting process human activity is less but accounting software is more used. So, accounting functions like posting into ledger, Balancing, Trial Balance and Final Accounts are prepared by computer.