Accounting system an effective on keeping accounting record .

1. Project title -
Computerized accunting system an effective on keeping accounting
record in appasaheb nalavade sahakari sakhar karkhana harali.

2. INTRODUCTION -
Today’s modern technology brought into use the computer, this technology is
the application of science to gathering, recording, processing and
communicating of business information by means of electronic media. Most
common tool for application is the computer and it involves all the transaction
processing system management information system various business support
system etc. The computer is a central force in the advancement of various
organizations. Accounting system is also defined as a consistent way of
organizing, recording, summarizing and reporting financial transactions.
Accounting Software is a class of computer programs that perform accounting
operations. Accounting Software is an application software that records and
process accounting transactions within functional modules such as accounts
payable, accounts receivable, payroll, and trial balance.

3. Objectives of the study-
● To determine the relationship between the application of the manual
accounting system and the Computerised accounting system in the
appasaheb nalavade sahakari sakhar karkhana harali.
● To determine the effects of computerized accunting system an the
profitability of the factory.
● To examine the impact of using computer to keep accounting record.

4. Scope of the study-
● Geographical scope-
The geographical scope of the study was limited company harali
sugar factory.
● Topical scope-
The topical scope of the study is limited to computerized
accounting system.
● Functional scope-
The functional scope of the study is limited to only pre determined
objectives.

5. Limitations of the study-
● The study is limited to only 50 days.
● The study is limited computerized accounting system.

6. Research methodology-
A) Primary data-
The primary data is collected through questionnaires method and observation
method.
● Questionnaires method-
The researcher is used questionnaires method as the main method to
collect the data for research.the researches will hand over questionnaires
to employees of selected organization.
● Observation method-
The researcher has adopted observation method . The researcher did hand
over observation to the employee.
B) Secondary data -
The secondary data is collected with the help of : articles, Interne,Book
,Company,Magazine,Journal,etc.

7. Company profile-
● Name of factory- Appasaheb Nalawade Gadhinglaj Taluka Sahakari sakhar
karkhana Ltd. Harali.
● Address- A/P Harali (BK) Taluka Gadhinglaj , Dist Kolhapur
● Registration- The factory was registered under co-operative society on 12th
● Date- 12th Feb 1971
● Email- k/pgodsakhar@sancharnet.in
● Phone number-(02327)250317,250318,250319
● Kolhapur office (0231)2650340
● Chairman- Mr. Shripatrao Shinde
● Vice chairman- Mr. Sangramsinh Nalawade
● Managing director - Mr. V.H.Gujar

8. Finding -
● There is a not relationship between the application of the computer and
manual system in the accounting system of the factory.
● the installation of accounting software in the computer, process data and
creates reports much faster than manual system which is slow.
● It is evident that the computerised accounting system is an effective of
keeping accounting records. This is because computerised accounting
system provides for them to record.
● The application of computerised accounting system is effective in
strengthening the control system and accountability in factory.
● There is co-ordination in the entire factory operations through the use of
computerised accounting system.

9. SUGGESTION -
● Factory should take advantage of the excellent benefits derivable from the
adoption of well designed computerized accounting system. This will help
them to achieve a high and acceptable standard of quality in the performance
of their operations.
● It is suggested to the Computerised accounting system that maintain accurate
records of purchases, sales and stock movement to monitor slow moving and
fast moving items that need quick replacement.
● Computerised accounting system help managers to analyze and identify gaps
in current business situation and budgeting practices, as well as support
business development of an action plan and budget.
● Factory should conduct proper computer training at least once in a year for
educating employeess regarding the updating of Computerised Accounting
programs.

10. CONCLUSION-
● Computerised Accounting System – based used machine system which
allows the user to enter the transaction into the program once and all
accounts are updated as necessary. It is also a specialized machine
system use in gathering information.
● It has also brought about quality performance in factory operations by
abiding by the accounting instructions and guidelines which help them to
minimize risk/challenges that are likely to be encountered in the course of
their duties as well as evolves adequate measures to combat such
challenges and achieve success.
● Though the cost of maintenance and designing an effective computerised
accounting system and the purchase of the associated facilities needed for
it is high, if the factory are well committed to improving their performance
and enhancing higher quality of work performed for higher profitability, they
should go for it as well as ensure that the recommendations are rigidly
followed.

11. THANKS