Explain any six advantages of Computerised Accounting System.

1.	Explain any six advantages of Computerised Accounting System.
Answer» Advantages of Computer accounting system. (i) Speed (ii) Accuracy (iii) Reliability (iv) Upto-date information (v) Legibility (vi) Automated Document Production. Detailed Answer : Six advantages of computerised Accounting system : (i) Speed : It allows faster data entry than manual accounting. (ii) Accuracy : Work can be done with a high degree of accuracy. (iii) Reliability : More reliable and comparable. (iv) Storage : It has huge capacity to store data in small space. (v) Access to Data : Easy to access data specially when using online. (vi) Legibility : Eliminate possibility of error due to handwriting or any other

Answer»

Advantages of Computer accounting system.

(i) Speed

(ii) Accuracy

(iii) Reliability

(iv) Upto-date information

(v) Legibility

(vi) Automated Document Production.

Detailed Answer :

Six advantages of computerised Accounting system :

(i) Speed : It allows faster data entry than manual accounting.

(ii) Accuracy : Work can be done with a high degree of accuracy.

(iii) Reliability : More reliable and comparable.

(iv) Storage : It has huge capacity to store data in small space.

(v) Access to Data : Easy to access data specially when using online.

(vi) Legibility : Eliminate possibility of error due to handwriting or any other

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