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COMPUTERIZED
ACCOUNTING
PRESENTED BY
D. SHALINI I M. COM
COMPUTER
A Computer is an electronic device that can
store, find and arrange information, calculate
amount and control other machines provided
by hardware and software programs.
FEATURES
OF
COMPUTE
R
• Speed
• Accuracy
• Storage
• Diligence
• Versatility
• Power of
remembering
COMPUTERIZEDACCOUNTING
• 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 Stepaside
and help to minimize errors.
• Computerized accounting is accounting
process done with the aid of computer.
FEATURES
Simple and
integrated
Accuracy and
speed
Scalability
Instant
reporting
Security
Quick decision
making
Reliability
ADVANTAGES
Better quality work
Lower operating costs
Improve efficiency
Facilitates better control
Greater accuracy
Relieve monotony
Facilitates standardisation
Minimizes mathematical errors
LIMITATION
S
Reduction of man power
High cost
Require special skill
User training
System dependency
Hardware requirements
System failure
Backups and prints
Voucher management
Security
OBJECTIVE
S
Labour saving
Time saving
Minimization of frauds
Effect on personnel
Accuracy
TYPESOF
ACCOUNT
S
Spreadsheets
Commercially available softwares
Enterprise resource planning
softwares
Customs accounting softwares
ACCOUNTS
ORGANIZATION
THANKYOU ☺️☺️☺️☺️☺️

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Unit 1 tally part 1-1.pptx