UrbanPro
true

Take Class 12 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

What is the importance of the computer in accounting?

Vasantha G.
12/12/2016 0 0

Using computers in the place of manual labour eliminates the need to spend a lot of time on accounting or to employ many people to handle accounting procedures. For instance, due to the development of computers, depositing checks no longer requires physical visits to the bank. Some banks even have the technology to allow one to take photos of the check, send them to the bank and then have them processed as soon as possible.

Using computers also enhances security. In the past, it was possible to manipulate accounting records manually, a process that made it easier to defraud companies and individuals. Doing accounting in an automated fashion makes it possible to put measures in place to reduce fraud rates.

The advent of accounting software allows businesses to access financial information immediately, meaning they can generate reports needed for the conduct of business in a moment's time. In addition, individuals and businesses are helped by tax software, which tracks the information needed to prepare and file tax returns.

0 Dislike
Follow 0

Please Enter a comment

Submit

Other Lessons for You

Get Started!
Start today! Open your book and just look into it for sometime and you'll realise how much you have to cope up. Interest will automatically develop. Procrastination only makes things worse.

Balancing A Chemical Equation
When is an equation called balanced / unbalanced?An equation is said to be balanced when there are equal number of molecules for each element on both sides of the equations.When approaching a chemical...

Introduction To Accounting: Part 19: Verifiable Objective Concept
The Verifiable Objective Concept holds that accounting should be free from personal bias. Measurements that are based on verifiable evidences are regarded as objectives. It means all accounting...

Linear equation worksheet
1) 6r + 7 = 13 + 7r 2) 13 − 4x = 1 − x3) −7x − 3x + 2 = −8x − 8 4) −8 − x = x − 4x5) −14 + 6b + 7 − 2b = 1 + 5b 6) n + 2 = −14...

Type Of Image Formed By A Convex Lens
Image formed by a convex lens :- 1. When the object is at infinity : When the object is at infinity,the lights coming from the object act as parallel beam. After crossing the lens this light will meet...
X

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more