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This is an accounting system which uses the computer...blah blah blah black sheep

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Q: What are the Components of a computerised accounting system?
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Benefits of computerised accounting?

Advantage of computerised accounting system?


What is the difference between computerised accounting system and manual accounting system?

the difference is that one is with a computer and the other is with writing utensils. i.e pencil, pen, markers


What are Master files in accounting?

features of master file in computerised accounting


What are the objective of computerised accounting?

Exam question!


Define computerised accounting?

An accounting system can either be a manual system or a computerised one and both produce similar results when properly applied. An accounting system is part of the organisation's management information system therefore a good or decent accounting system must be able to produce reports like trial balance, aged debtors and aged creditors. Accounting systems must provide data that should enable the production of management accounts, statutory accounts and must also assist the managers and accountants in discharging their stewardship roles.


What are the key components of accounting information system?

Some key components to an accounting information system is the ability to communicate with other departments. Another important component is the person operating the system.


What are dis-advantages of computerised accounting information system?

The disadvantages are that if you don't save it correctly you might loose all of the accounts and remember to expand on this


What are the components of a financial system?

Funds management, financial accounting, controlling


What are the components of a financial information system?

Funds management, financial accounting, controlling


What are the components of financial information system?

Funds management, financial accounting, controlling


What are advantages of computerised accounting?

Arithmetical accuracy. Generation of reports Easy search and comparison.


What are the advantages of computerised accounting?

Arithmetical accuracy. Generation of reports Easy search and comparison.