Time Cards and Time Clocks Accentuate Employee ManagementGeorgia Kelley
Time cards and time clocks offer effective timekeeping solutions for organizations of all sizes by automating attendance tracking and payroll processes. These devices allow employees to easily log their arrival and departure times, providing accurate reporting that streamlines administrative tasks. Modern time clocks integrate with server software, generating detailed reports on work hours, leaves, and other time-related data to benefit both employees and employers.
The USC Creative Media & Behavioral Health Center conducts research at the intersection of behavioral science, medicine, and public health. It develops transmedia stories and games using emerging technologies to create innovative assessment and treatment techniques for various health issues. Some of its major research initiatives investigate using entertainment and technology to improve outcomes for obesity, brain development, and motor skills. It has experience in areas like nutrition, exercise, anxiety, depression, and more. The center works across the lifespan from childhood to older age.
The document describes a nature hike that was taken. It highlights various plants and animals that were observed on the hike including apples, fungi, white pine trees, bumblebees, bullfrogs, staghorn sumac, black-eyed susans, and white birch trees. It then provides further information and details about each highlighted organism.
Kanban is a lean manufacturing system that uses visual signals to manage production. Taiichi Ohno at Toyota first implemented Kanban in 1953 using cards to track inventory replenishment cycles. Kanban encourages just-in-time production by signaling downstream processes to produce only what is needed by the next downstream process based on actual consumption. The system aims to minimize waste and inventories by producing only what is required after consumption in a pull system rather than a push system of forecast-based production. Effective Kanban uses transport and production cards across simple or integrated processes to control work-in-process and achieve smooth, leveled production.
This document lists schools, clinics, and establishments in Metro Manila that provide discounts to Access Computer and Technical Colleges students and affiliates. In Caloocan, schools offer discounts ranging from 10-100% on tuition fees for technical, vocational, and allied health courses. Affiliated clinics in Caloocan, Las Piñas, Makati, Mandaluyong, Malabon, and Manila offer annual physical exams and dental services at discounted rates, ranging from 10-30% off. Establishments like driving schools and spas also extend discounts to affiliates.
Time Cards and Time Clocks Accentuate Employee ManagementGeorgia Kelley
Time cards and time clocks offer effective timekeeping solutions for organizations of all sizes by automating attendance tracking and payroll processes. These devices allow employees to easily log their arrival and departure times, providing accurate reporting that streamlines administrative tasks. Modern time clocks integrate with server software, generating detailed reports on work hours, leaves, and other time-related data to benefit both employees and employers.
The USC Creative Media & Behavioral Health Center conducts research at the intersection of behavioral science, medicine, and public health. It develops transmedia stories and games using emerging technologies to create innovative assessment and treatment techniques for various health issues. Some of its major research initiatives investigate using entertainment and technology to improve outcomes for obesity, brain development, and motor skills. It has experience in areas like nutrition, exercise, anxiety, depression, and more. The center works across the lifespan from childhood to older age.
The document describes a nature hike that was taken. It highlights various plants and animals that were observed on the hike including apples, fungi, white pine trees, bumblebees, bullfrogs, staghorn sumac, black-eyed susans, and white birch trees. It then provides further information and details about each highlighted organism.
Kanban is a lean manufacturing system that uses visual signals to manage production. Taiichi Ohno at Toyota first implemented Kanban in 1953 using cards to track inventory replenishment cycles. Kanban encourages just-in-time production by signaling downstream processes to produce only what is needed by the next downstream process based on actual consumption. The system aims to minimize waste and inventories by producing only what is required after consumption in a pull system rather than a push system of forecast-based production. Effective Kanban uses transport and production cards across simple or integrated processes to control work-in-process and achieve smooth, leveled production.
This document lists schools, clinics, and establishments in Metro Manila that provide discounts to Access Computer and Technical Colleges students and affiliates. In Caloocan, schools offer discounts ranging from 10-100% on tuition fees for technical, vocational, and allied health courses. Affiliated clinics in Caloocan, Las Piñas, Makati, Mandaluyong, Malabon, and Manila offer annual physical exams and dental services at discounted rates, ranging from 10-30% off. Establishments like driving schools and spas also extend discounts to affiliates.
1) The document describes an expense tracker web application that allows users to efficiently track daily expenses and income.
2) The application uses least squares algorithms to predict future income and expenses based on past data.
3) There are three user roles - admin, manager, and staff - each with different privileges like adding/editing expenses, generating reports, and sending expenses for verification.
Role and advantage of computerized account systemHassan Ahmed
Computerized accounting systems have several advantages over manual systems, including increased speed, accuracy, and availability of information. However, computerized systems also have some limitations. They require upfront and ongoing costs, and businesses are dependent on the computers and software functioning properly. Computerized systems can also be subject to data errors and fraud. Accounting in general has limitations, such as using estimates and historical costs, limited predictive value, and qualitative factors not being measurable. Manual accounting systems are time consuming, prone to errors, inefficient, and have other disadvantages compared to computerized systems.
A Comparative Study Of Different Accounts SoftwareApril Knyff
SAP is one of the largest and most widely-used ERP software providers globally, originally introduced in 1972. It offers a highly flexible and customizable ERP solution suitable for large enterprises and industries of any type. However, SAP's complexity and high implementation costs mean it is generally better suited for large organizations with more complex needs compared to smaller accounting packages.
This document provides an overview of computerized accounting software called Tally.ERP9. It discusses the history and evolution of Tally software from its origins in 1986 to the current version. It also covers accounting principles, types of accounts, and the differences between bookkeeping and accounting. Key points include the founding of Tally Solutions by Shyam Sunder Goenka in 1986, the progression of Tally versions over time, and the three main types of accounts: real, personal, and nominal accounts.
Manufacturing software and accounting software integrationMRPeasy
At some point every production company needs to start using manufacturing software (i.e. an MRP system). It is very likely that by that time accounting software is already in use, but it has ceased to satisfy needs – it does not supply the necessary answers and restrains the growth of the business.
Therefore, a decision is made to start using special software for manufacturing. The following question arises every time: how to integrate the old and the new systems?
http://manufacturing-software-blog.mrpeasy.com/blog/2017/09/19/manufacturing-software-accounting/
Automation of Accounting process & Advantages/Disadvantages of Computerized a...Muhammed Raashid
The information has been presented in the most simplest and intelligible way possible. It highlights the advantages and disadvantages of computerized accounting. It also includes a detailed explanation regarding the topic, ' automation of accounting process.'
Advanced Enterprise Resource Planning(ERP) systems can transform the way you run your business. No matter what service you provide or whatever industry you might be in, proper software can help you manage your processes, help you with communication and also enhance the flexibility you provide to your customers.
The integration of trade and risk management solutions with the corporate accounting solution has long been an area of focus for commodity companies and software vendors alike. There are many apocryphal stories in the industry regarding trading profits that entitled trader’s to be paid large bonuses. Those trading profits then seem to evaporate when accounted for in the enterprise accounting system. These stories are symptomatic of a broader but important issue – that of integrating two sets of solutions to provide timely and accurate auditable results. Over the last three decades, many different approaches have been tried out and mooted to address and solve the problems. This paper will examine the problem and discuss potential solutions including highlighting the approach taken by Enuit.
Application of Computer in accounting and data analysis.pptxAnchalVerma99
The document discusses the application of computers in accounting and data analysis. It outlines 6 ways that computers can be used for accounting, including keeping records for large companies, managing payroll, automating financial accounts, presenting accounting results graphically, updating records quickly, and controlling inventory. It also discusses 5 types of data analysis that can be done using computers: descriptive analysis, inferential analysis, predictive analysis, prescriptive analysis, and text analysis. The document provides high-level information on how computers facilitate accounting tasks and the types of insights that can be gained from data analysis.
Automate the Process- Tools to Streamline Your Business | Level Up Webinar #...Level Up Webinar Series
This document discusses tools that can automate and streamline business processes. It begins with introductions of the presenters and their experience. The agenda includes an overview of areas that can be automated, such as accounting, legal, marketing, and project management. Specific tools are provided for each area. For example, in accounting, Freshbooks and MileIQ are suggested for invoices and expense tracking. The goal is to save time and increase efficiency through automation. At the end, there is a reminder to stay ahead of automation trends and find integrated tools that work for your team.
The document discusses different types of information systems used within organizations, including transaction processing systems, enterprise resource planning systems, and functional information systems. Transaction processing systems collect and process data in real-time or through batch processing. Enterprise resource planning systems integrate core business functions like manufacturing, sales, and accounting. Functional information systems are designed around specific business functions like finance, marketing, production, and human resources.
This document provides solutions to discussion questions and problems from chapters 1-5 of the textbook "Accounting Information Systems (13th Edition)" by Romney and Steinbart. It addresses topics such as the value of information, systems development techniques, relational databases, and computer fraud. The solutions describe key concepts, provide examples, and involve applying the material to hypothetical business scenarios and accounting systems. The document is intended to help students learn by reviewing answers to questions about AIS topics covered in the early chapters of the textbook.
INTRODUCTION
A computerized accounting system is a software program that is stored on a company's computer, network server, or remotely accessed via the Internet and it can be a great benefit for a business. It can help streamline accounting steps and help minimize errors.
you would have realized that although computerized accounting systems are labour -saving, it is not without disadvantages. An accountant is not made redundant with the introduction of computerized accounting but his job scope is redefined such that he is able to add value to the managing of the organization concerned.
CONCLUSIONS
Developments of computer accounting
Specialized Software
In the most general terms, CAATs can refer to any computer program utilized to improve the audit process.(Computer Assisted Auditing Techniques)
Generally, however, it is used to refer to any data extraction and analysis software.
This would include programs such as spreadsheets (e.g. Excel), databases (e.g. Access), statistical analysis (e.g. SAS), business intelligence (e.g. Crystal Reports and Business Objects), etc.
A computerized accounting system provides businesses with an efficient way to manage finances digitally. It automates processes like data entry, document production, and account updates that were previously done manually and prone to human error. While an initial investment, accounting software offers advantages like speed, accuracy, real-time information access, and cost savings over time compared to traditional paper-based systems. Potential downsides include upfront software and computer costs, reliance on technology functioning properly, increased needs for security and training, as well as a learning curve for new users.
This document provides an overview of a proposed repair shop management system. It describes the current manual paper-based system that is time-consuming and prone to errors. The proposed system would automate the repair shop's processes using an Android app with a backend SQLite database. This would digitize record keeping, allow customers to manage appointments online, and help the shop owner track equipment repairs and customer interactions more efficiently. The system aims to reduce errors, save time, and improve services for both the repair shop and its customers.
The document describes a method called Visual Process Discovery for organizing work into systems to increase efficiency. It involves:
1. Mapping responsibilities to identify processes
2. Defining inputs, outputs, and processes using diagrams
3. Iteratively improving processes by documenting steps with flowcharts
The goal is to standardize work into predictable, trainable systems that make communication and problem-solving easier.
Odoo Experience 2018 - How to Manage Accounting Firms with Odoo?ElínAnna Jónasdóttir
1) Odoo can help accounting firms go paperless, automate accounting processes, improve reporting, and scale up their activity.
2) It allows them to organize documents, automate invoicing and reconciliation, and create improved audit reports.
3) Odoo also provides tools for accounting firms to manage client databases, set up new client accounts, and invoice clients for services using projects, subscriptions, and expenses.
Big Data & Invoicing System | Here Is How Big Data Is Helping To Create A Bet...Kavika Roy
https://www.datatobiz.com/blog/big-data-applications-invoicing-system-software/
Invoicing System has undergone some major changes since the introduction of big data in them. We, being the professionals in big data, data science, and machine learning are here to share how you can improve your invoicing system using big data. Along with that in this piece of article, we are going to share how big data has helped improve the invoice system. There are many ways in which big data has improved invoicing applications which you can check in the detailed report written by Spend Matters.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
1) The document describes an expense tracker web application that allows users to efficiently track daily expenses and income.
2) The application uses least squares algorithms to predict future income and expenses based on past data.
3) There are three user roles - admin, manager, and staff - each with different privileges like adding/editing expenses, generating reports, and sending expenses for verification.
Role and advantage of computerized account systemHassan Ahmed
Computerized accounting systems have several advantages over manual systems, including increased speed, accuracy, and availability of information. However, computerized systems also have some limitations. They require upfront and ongoing costs, and businesses are dependent on the computers and software functioning properly. Computerized systems can also be subject to data errors and fraud. Accounting in general has limitations, such as using estimates and historical costs, limited predictive value, and qualitative factors not being measurable. Manual accounting systems are time consuming, prone to errors, inefficient, and have other disadvantages compared to computerized systems.
A Comparative Study Of Different Accounts SoftwareApril Knyff
SAP is one of the largest and most widely-used ERP software providers globally, originally introduced in 1972. It offers a highly flexible and customizable ERP solution suitable for large enterprises and industries of any type. However, SAP's complexity and high implementation costs mean it is generally better suited for large organizations with more complex needs compared to smaller accounting packages.
This document provides an overview of computerized accounting software called Tally.ERP9. It discusses the history and evolution of Tally software from its origins in 1986 to the current version. It also covers accounting principles, types of accounts, and the differences between bookkeeping and accounting. Key points include the founding of Tally Solutions by Shyam Sunder Goenka in 1986, the progression of Tally versions over time, and the three main types of accounts: real, personal, and nominal accounts.
Manufacturing software and accounting software integrationMRPeasy
At some point every production company needs to start using manufacturing software (i.e. an MRP system). It is very likely that by that time accounting software is already in use, but it has ceased to satisfy needs – it does not supply the necessary answers and restrains the growth of the business.
Therefore, a decision is made to start using special software for manufacturing. The following question arises every time: how to integrate the old and the new systems?
http://manufacturing-software-blog.mrpeasy.com/blog/2017/09/19/manufacturing-software-accounting/
Automation of Accounting process & Advantages/Disadvantages of Computerized a...Muhammed Raashid
The information has been presented in the most simplest and intelligible way possible. It highlights the advantages and disadvantages of computerized accounting. It also includes a detailed explanation regarding the topic, ' automation of accounting process.'
Advanced Enterprise Resource Planning(ERP) systems can transform the way you run your business. No matter what service you provide or whatever industry you might be in, proper software can help you manage your processes, help you with communication and also enhance the flexibility you provide to your customers.
The integration of trade and risk management solutions with the corporate accounting solution has long been an area of focus for commodity companies and software vendors alike. There are many apocryphal stories in the industry regarding trading profits that entitled trader’s to be paid large bonuses. Those trading profits then seem to evaporate when accounted for in the enterprise accounting system. These stories are symptomatic of a broader but important issue – that of integrating two sets of solutions to provide timely and accurate auditable results. Over the last three decades, many different approaches have been tried out and mooted to address and solve the problems. This paper will examine the problem and discuss potential solutions including highlighting the approach taken by Enuit.
Application of Computer in accounting and data analysis.pptxAnchalVerma99
The document discusses the application of computers in accounting and data analysis. It outlines 6 ways that computers can be used for accounting, including keeping records for large companies, managing payroll, automating financial accounts, presenting accounting results graphically, updating records quickly, and controlling inventory. It also discusses 5 types of data analysis that can be done using computers: descriptive analysis, inferential analysis, predictive analysis, prescriptive analysis, and text analysis. The document provides high-level information on how computers facilitate accounting tasks and the types of insights that can be gained from data analysis.
Automate the Process- Tools to Streamline Your Business | Level Up Webinar #...Level Up Webinar Series
This document discusses tools that can automate and streamline business processes. It begins with introductions of the presenters and their experience. The agenda includes an overview of areas that can be automated, such as accounting, legal, marketing, and project management. Specific tools are provided for each area. For example, in accounting, Freshbooks and MileIQ are suggested for invoices and expense tracking. The goal is to save time and increase efficiency through automation. At the end, there is a reminder to stay ahead of automation trends and find integrated tools that work for your team.
The document discusses different types of information systems used within organizations, including transaction processing systems, enterprise resource planning systems, and functional information systems. Transaction processing systems collect and process data in real-time or through batch processing. Enterprise resource planning systems integrate core business functions like manufacturing, sales, and accounting. Functional information systems are designed around specific business functions like finance, marketing, production, and human resources.
This document provides solutions to discussion questions and problems from chapters 1-5 of the textbook "Accounting Information Systems (13th Edition)" by Romney and Steinbart. It addresses topics such as the value of information, systems development techniques, relational databases, and computer fraud. The solutions describe key concepts, provide examples, and involve applying the material to hypothetical business scenarios and accounting systems. The document is intended to help students learn by reviewing answers to questions about AIS topics covered in the early chapters of the textbook.
INTRODUCTION
A computerized accounting system is a software program that is stored on a company's computer, network server, or remotely accessed via the Internet and it can be a great benefit for a business. It can help streamline accounting steps and help minimize errors.
you would have realized that although computerized accounting systems are labour -saving, it is not without disadvantages. An accountant is not made redundant with the introduction of computerized accounting but his job scope is redefined such that he is able to add value to the managing of the organization concerned.
CONCLUSIONS
Developments of computer accounting
Specialized Software
In the most general terms, CAATs can refer to any computer program utilized to improve the audit process.(Computer Assisted Auditing Techniques)
Generally, however, it is used to refer to any data extraction and analysis software.
This would include programs such as spreadsheets (e.g. Excel), databases (e.g. Access), statistical analysis (e.g. SAS), business intelligence (e.g. Crystal Reports and Business Objects), etc.
A computerized accounting system provides businesses with an efficient way to manage finances digitally. It automates processes like data entry, document production, and account updates that were previously done manually and prone to human error. While an initial investment, accounting software offers advantages like speed, accuracy, real-time information access, and cost savings over time compared to traditional paper-based systems. Potential downsides include upfront software and computer costs, reliance on technology functioning properly, increased needs for security and training, as well as a learning curve for new users.
This document provides an overview of a proposed repair shop management system. It describes the current manual paper-based system that is time-consuming and prone to errors. The proposed system would automate the repair shop's processes using an Android app with a backend SQLite database. This would digitize record keeping, allow customers to manage appointments online, and help the shop owner track equipment repairs and customer interactions more efficiently. The system aims to reduce errors, save time, and improve services for both the repair shop and its customers.
The document describes a method called Visual Process Discovery for organizing work into systems to increase efficiency. It involves:
1. Mapping responsibilities to identify processes
2. Defining inputs, outputs, and processes using diagrams
3. Iteratively improving processes by documenting steps with flowcharts
The goal is to standardize work into predictable, trainable systems that make communication and problem-solving easier.
Odoo Experience 2018 - How to Manage Accounting Firms with Odoo?ElínAnna Jónasdóttir
1) Odoo can help accounting firms go paperless, automate accounting processes, improve reporting, and scale up their activity.
2) It allows them to organize documents, automate invoicing and reconciliation, and create improved audit reports.
3) Odoo also provides tools for accounting firms to manage client databases, set up new client accounts, and invoice clients for services using projects, subscriptions, and expenses.
Big Data & Invoicing System | Here Is How Big Data Is Helping To Create A Bet...Kavika Roy
https://www.datatobiz.com/blog/big-data-applications-invoicing-system-software/
Invoicing System has undergone some major changes since the introduction of big data in them. We, being the professionals in big data, data science, and machine learning are here to share how you can improve your invoicing system using big data. Along with that in this piece of article, we are going to share how big data has helped improve the invoice system. There are many ways in which big data has improved invoicing applications which you can check in the detailed report written by Spend Matters.
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𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
High-Quality IPTV Monthly Subscription for $15advik4387
Experience high-quality entertainment with our IPTV monthly subscription for just $15. Access a vast array of live TV channels, movies, and on-demand shows with crystal-clear streaming. Our reliable service ensures smooth, uninterrupted viewing at an unbeatable price. Perfect for those seeking premium content without breaking the bank. Start streaming today!
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Cover Story - China's Investment Leader - Dr. Alyce SUmsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
The Steadfast and Reliable Bull: Taurus Zodiac Signmy Pandit
Explore the steadfast and reliable nature of the Taurus Zodiac Sign. Discover the personality traits, key dates, and horoscope insights that define the determined and practical Taurus, and learn how their grounded nature makes them the anchor of the zodiac.
Discover the Beauty and Functionality of The Expert Remodeling Serviceobriengroupinc04
Unlock your kitchen's true potential with expert remodeling services from O'Brien Group Inc. Transform your space into a functional, modern, and luxurious haven with their experienced professionals. From layout reconfiguration to high-end upgrades, they deliver stunning results tailored to your style and needs. Visit obriengroupinc.com to elevate your kitchen's beauty and functionality today.
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Prescriptive analytics BA4206 Anna University PPTFreelance
Business analysis - Prescriptive analytics Introduction to Prescriptive analytics
Prescriptive Modeling
Non Linear Optimization
Demonstrating Business Performance Improvement
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...Niswey
50 million companies worldwide leverage WhatsApp as a key marketing channel. You may have considered adding it to your marketing mix, or probably already driving impressive conversions with WhatsApp.
But wait. What happens when you fully integrate your WhatsApp campaigns with HubSpot?
That's exactly what we explored in this session.
We take a look at everything that you need to know in order to deploy effective WhatsApp marketing strategies, and integrate it with your buyer journey in HubSpot. From technical requirements to innovative campaign strategies, to advanced campaign reporting - we discuss all that and more, to leverage WhatsApp for maximum impact. Check out more details about the event here https://events.hubspot.com/events/details/hubspot-new-delhi-presents-unlocking-whatsapp-marketing-with-hubspot-integrating-messaging-into-your-marketing-strategy/
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2. COMPUTER FOCUS DISCUSSION 1
COMPUTER FOCUS DISCUSSION
First post:
Comprehension of a manual system benefits
Accounting is a necessary function for any organization or business that needs to grow,
all businesses must know how to keep a record of their income and expenses.To some
accountant they enjoy working with the accounting software others prefer working with
manual system as it eases their ledger booking keeping procedures.
Weygandt(2003).If manual accounting system is well developed it can deliver timely and
accurate information because it applies to any business procedures.Though the manual
system requires a little knowledge of book keeping but can be easier to manage once the
key concept of book keeping have been grasped.
The basic tips of book keeping is a good start because once learn’t can be applied to all
businesses and that can be an advantage to any entrepreneur.
How you use a computer application for accounting.
Haber(2004).The advantage of using an accounting software is very much achieved and
delivered since it speeds up filling up of ledger accounts which it auto populates itself in
accounts payable and account receivable.Then you just have to enter the actual cash total
items purchased and the application will distribute the total amount in the ledger account
to become credits.
3. COMPUTER FOCUS DISCUSSION 2
Knowledge that have assistedin setting up my company.
a) Experience in working in the same environment for a long time contributes a lot in
building your business
b) Working or having a job also gives you skills in the field since you were facing
people and handing stock at the same time.
Second post:
I would prefer using the accounting software for business processing since it reduces
workload and improves work efficiency to the other hand it reduces errors which are
prone to humans as cited by Marsden(2008).
But not all areas of accounting needs accounting software, places like book preparation
needs to be done manually to fully understand the correct procedure.Also knowing the
in’s and out’s of balancing debits and credits is better if do it manually while you’l learn
the accounting package later.
4. COMPUTER FOCUS DISCUSSION 3
References
Weygandt.Kieso(2003).Financial Accounting.p.6
Haber Jeoffrey(2004).Accounting Demystified. New York.AMACOM.p. 15.
Marsden Stephen(2008).Australian Master Bookkeepers Guide. Sydney.
Article By Jemins Itubo.