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Advantages of computerized accounting system over manual

Advantages of computerized accounting system over manual

 

 

ADVANTAGES OF COMPUTERIZED ACCOUNTING SYSTEM OVER MANUAL >> DOWNLOAD LINK

 


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1. Speed- The speed of a computer is very high and takes very less time in performing various difficult operations. · 2. Accuracy- · 3. Reliability- · 4. Up-to- Computerised accounting offers several advantages vis--vis manual accounting, there are summarised as follows. (i) Speed : Accounting data is processed 1. Reduce Error: The biggest Advantage of computerized accounting is it dramatically reduces human error. As the computer does most steps automatically, manyAccuracy – there is less room for errors as only one accounting entry is needed for each transaction rather than two (or three) for a manual system. Up-to-date The advantages of a computerized system include faster and more efficient record-keeping, access to real-time financial data, automated invoicing and cost

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