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

Learning about DNA and genetics in Biology - Classes XI and XII
Biology is a very experimental field. Often students have difficulty understanding genetics and cell biology, especially at the school level. I recommend students to look at videos on youtube that animate...

Electrostatics
Sometimes children play with the comb which attracts pieces of paper. We should know about the charges which are at rest in order to understand the reasons behind this phenomenon. Many things like a...

Difference between Vitamin B and Vitamin C
1. Vitamin B is found in 8 different forms. However, vitamin C is found only in a single form, ascorbic acid.2. Sources of vitamin B include meat, egg yolk, yeast etc. Vitamin C is obtained from fruits...

A Interesting Magic in Maths
It's a magic trick. So, here we go: Think any three digit number and repeat itself twice like this: 123123. Now, divide this number by 13, whatever the quotient has come divide it by 11. Again divide...

Source Of Light And Natural Light
Any object which has an ability of producing light energy at its own is called as the source of light. e.g., Sun, Firefly, Battery, Cell Candle, Bulb etc. Natural light Our main source of natural light...
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