Computerised Accounting System: Concepts, Sourcing, Examples

The compilation of these Accountancy Notes makes students exam preparation simpler and organised.

Computerised Accounting System

Thanks to the advancement of technology, manual accounting has become a thing of the past. Nearly all organizations now, whether big or small have shifted to computerised accounting. It implements the principles of the accounting standards and user-defined instructions to maintain books of accounts and prepare financial statements. Let us see how computerised accounting works.