Overview of Computer System
Increasing the complexity of business and emergence of computers has absolutely taken away the system of Manual Accounting. Computer is one an electronic machine which converts raw data into meaningful information. Today computer is used for doing various accounting tasks and help the accounts in doing their work more effectively and accurately
Computerized Accounting is the process of recording business transactions and generating financial statements and reports with the help of computers.
Accounting soft wares are used to transform the data into various accounting reports.
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