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Carte Basics of Computerized Accounting Anshumali Pandey

Basics of Computerized Accounting

Autor: Anshumali Pandey
Limbă: engleză
Legare: Carte broșată
Editura: Notion Press
Disponibilitate: În depozitul extern
Expediem în 14-21 zile
113.51 lei
Meaning of Computerized AccountingA computerized accounting system saves a great deal of time and ef...

Informații despre carte

Autor
Anshumali Pandey
Limbă
engleză
Legare
Carte - Carte broșată
Publicat
2022
Pagini
168
EAN
9798888831519
Enbook ID
42439803
Editura
Notion Press
Greutate
188
Dimensiuni
127 x 203 x 10

Descriere completă

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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