Question

what is the role of computerized accounting system in vendors, customers, staff, bank accounts​

Answer 1

Answer:

Computerized accounting systems Allow companies to distribute Financial information easily. Financial statements are printed directly from the system and are distributed internally and externally to those needing the information.

Computerized accounting many has benefits such as accuracy in issuance of bank statements and fast processing of financial statements as well as easing the highly cumbersome auditing procedure. ... Data processing and analysis at the bank are faster, accurate and timely which meets management need for decision-making.