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Define computerized accounting?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 preetham asked over 2 years ago

Hi, Explain about the computerized accounting?

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6 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 acharya answered over 2 years ago

Our computerized accounting program supports professional certifications, and as a result, we strongly encourage you to pursue certifications as a Microsoft Office User Specialist in Microsoft Word and Excel. It’s something that can help set you apart in the eyes of potential employers. At IOT, you’ll train in basic and advanced accounting fundamentals, involving proprietorship, partnership, and corporate settings. As a graduate, you can go on to work in business and finance organizations as a/an: •Accounts payable/receivable clerk •Account information clerk •Audit clerk •Statement clerk •Payroll clerk

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered over 2 years ago

Hi, In a very simple language to understand computerised accounting means a method of accounting using modern accounting technology

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered over 2 years ago

> Computerized accounting --How is your company doing? Being able to answer that question requires you to know how much money you're making, which in turn requires accurate bookkeeping. Keeping accurate financial records is crucial to the success of any business, so it's important to know your options. --While some firms still do their bookkeeping by hand, most firms generally have too many transactions to sustain a manual accounting system. The more complicated the financial activities of your business are, the more likely it is that you'll need a computerized accounting system to ensure effective financial reporting. Computerized accounting systems are software programs that are stored on a company's computer, network server, or remotely accessed via the Internet. --Computerized accounting systems allow you to set up income and expense accounts, such as rental or sales income, salaries, advertising expenses, and material costs. They also can be used to manage bank accounts, pay bills, and prepare budgets. Depending upon the program, some accounting systems also allow you to prepare tax documents, handle payroll, and manage project costing. --You can generally customize the software to meet the needs of your business. It's important to make sure that your staff are trained and understand how to use the system correctly so that your company can successfully use your accounting program.

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Open uri20170510 32134 1c996lj?1494421732 Anil answered over 2 years ago

Prepare for a new career in accounting Institute of Technology is an ideal school for those who want to learn computerized accounting and use it to further their careers. Our program can teach you the skills and knowledge you need to enter the accounting field with confidence. During our diploma program, you will learn how to perform payroll-related tasks, accounting functions, bank reconciliation, and entry-level bookkeeping procedures, such as maintaining and managing payables and receivables. In addition to standard accounting practices, you will also learn to perform beginning and intermediate word processing tasks and spreadsheet-related projects. Respected computer accounting training in Clovis Our computerized accounting program supports professional certifications, and as a result, we strongly encourage you to pursue certifications as a Microsoft Office User Specialist in Microsoft Word and Excel. It’s something that can help set you apart in the eyes of potential employers. At IOT, you’ll train in basic and advanced accounting fundamentals, involving proprietorship, partnership, and corporate settings. As a graduate, you can go on to work in business and finance organizations as a/an: •Accounts payable/receivable clerk •Account information clerk •Audit clerk •Statement clerk •Payroll clerk •Bookkeeper •Collections clerk •Order clerk

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 veeru answered over 2 years ago

In a very simple language to understand computerised accounting means a method of accounting using modern accounting technology .

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Harshal answered over 2 years ago

Hello Preetham, In a very simple language to understand computerised accounting means a method of accounting using modern accounting technology .it will reduce the problems in manual accounting and help to save time cost ,prepare accurate accounts and also help to easy communication of accounts.

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