Computerised Accounting System - Advantages and Disadvantages

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Computerised Accounting System

Computersied Accounting System replaces paper work, 'book keeping'. iIs accountings done with computers. It tends to involve dedicated accounting softwares and spread sheets to keep track or produce finanical transactions/documents.

Advantages:

  • No money spent on postage → make more profit or use money elsewhere
  • Fewer errors made → calculations are done automatically → save time
  • Has extra

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