Книга Basics of Computerized Accounting Anshumali Pandey

Basics of Computerized Accounting

Автор: Anshumali Pandey
Език: Английски език
Корици: С меки корици
Издател: Notion Press
Наличност: Външен склад
Изпращаме след 14-21 дни
20.64 40.36 лв
Meaning of Computerized AccountingA computerized accounting system saves a great deal of time and ef...

Информация за книгата

Автор
Език
Английски език
Корици
Книга - С меки корици
Издадена
2022
страници
168
EAN
9798888831519
Enbook ID
42439803
Издател
Теглоt
188
Размери
127 x 203 x 10

Пълно описание

Meaning of Computerized Accounting


A computerized accounting system saves a great deal of time and effort, considerably reduces (if not eliminates) mathematical errors, and allows for much more timely information than does a manual system. In a real-time environment, accounts are accessed and updated immediately to reflect activity, thus combining steps 2 and 3 as discussed in the preceding section. The need to test for equality of debits and credits through trial balances is usually not required in a computerized system accounting since most systems test for equality of debit and credit amounts as they are entered. If someone were to attempt to input data containing an inequality, the system would not accept the input. Since the computer is programmed to post amounts to the various accounts and calculate the new balances as new entries are made, the possibility of mathematical error is reduced.

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