The impact of computerized accounting system on Financial Performance in Selected Private Companies in Arusha Tanzania.pdf website: www.ijieb.com ISSN … A computerized accounting system consists of software designed to track all of your company's accounting transactions, with the goal of producing financial output for monthly reports, annual financial statements, tax return information and other report configurations used to analyze your company’s operations, efficiency and profitability. They play a significant role in all

The computerized ledger system is … As the computer does most steps automatically, many errors resulting from human intervention in a manual system, such as errors in posting or preparation of financial statements, are eliminated.

For example experience and knowledge of Computerised accounting may be difficult to be attained by undergraduate students since they would be at college. generated through computerized accounting system and the results exposed there are satisfactory level of advantages in using computerized accounting system. Computerized Accounting involves making use of computers and accounting software to record, store and analyze financial data.

Emmanuel Opoku Ware “Computerised Accounting System an Effective Means of Keeping Accounting Records in Ghanaian Banks: A Case Study of the GA Rural Bank” 114 International Journal of Research in Business Studies and Management V2 I11 November 2015 Significance of Study In the light of the stated objectives which this study is set to achieve, the following represent the

Its need arises from the benefits of speed, accuracy and lower cost of handling the business transactions. 1. In other words, empirical findings indicated that accounting information systems have a greater impact on the organizational effectiveness of automobile companies in Kenya. The main advantages of a computerized accounting system are listed below: Speed – data entry onto the computer with its formatted screens and built-in databases of customers and supplier details and stock records can be carried out far more quickly than any manual processing. The difference between manual and computerised accounting is that manual accounting is a paper-based accounting system, whereas computerised accounting system is one that uses accounting software, to keep record of transactions.

The importance of a Computerized Accounting System Computer is an important part of an accounting system. When using a computerized accounting system the on computer, input screens have been designed for ease of use.

The main advantage is that each transaction needs only to be inputed once, unlike a manual double entry system where two or three entries are required. Responses support the value of AIS skills to practitioners and compare well to generic and other functional skill sets. Introduction .

Computers helps businesses by making their staff efficient, productive and also save their valuable time.

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