what is tle role of computers in accounting
Answers
Answer:
The manual system of recording accounting transactions requires maintaining books of accounts such as journal, cash book, special purpose books, and ledger and so on. This machine is capable of computing discount, adding net total and posting the requisite data to the relevant accounts.
Nowadays, we cannot imagine our lives without computers. They have become an integral part of our lives. Infact, the modern era is regarded as the era of computers. Gone are the days when the business records were maintained manually. With the rising complexities in the modern business world, business accounts cannot be maintained without computerized accounting systems. Be it the preparation of books of original entries or the complete financial statements, the role of computers is inevitable. world, business accounts cannot be maintained without computerized accounting systems. Be it the preparation of books of original entries or the complete financial statements, the role of computers is inevitable.