IEO Level 2- English Olympiad (SOF) Class 9 Coaching Programs

⏳ 🎯 Online Tests (2 Tests [50 Questions Each]): NTA Pattern, Analytics & Explanations

Click Here to View & Get Complete Material

Rs. 200.00

3 Year Validity (Multiple Devices)

🎓 Study Material (303 Notes): 2024-2025 Syllabus

Click Here to View & Get Complete Material

Rs. 450.00

3 Year Validity (Multiple Devices)

🎯 250 MCQs (& PYQs) with Full Explanations (2024-2025 Exam)

Click Here to View & Get Complete Material

Rs. 200.00

3 Year Validity (Multiple Devices)

Accountancy: Computer in Accounting: Applications, Requirements and Process of Computerised Accounting

In the present day՚s technology is the backbone of the development of the economy. In the area of accounting with the introduction of computer-based accounting is the call of the day. Which gathers the data into information and in turn classifies this information for the stakeholders of the accounting community.

Applications of Computer in Accounting

  • Preparation of accounting documents
  • Recording of transactions
  • Preparation of trial balance and financial statements

Requirements of Computerised Accounting

  • To handle numerous transactions
  • To reduce the paper work
  • Helps in flexible reporting
  • Quick and immediate reporting
  • Accuracy and security

Process of Computerised Accounting

Illustration: Process of Computerised Accounting