1.

Give any four features of computerized accounting system. 

Answer»

Following are the salient features of computerized accounting system : 

1. It is designed to automate, integrate and simplify all the business operations, such as sales, finance, purchase, inventory and manufacturing. CAS is integrated to provide accurate, up-todate business information rapidly in a cost effective manner. 

 2. It provides sufficient time to plan, increases data accessibility and enhances user satisfaction. With computerised accounting, the organisation will have greater transparency for day-to-day business operations and access to the vital information. 

3 .It provides user -definable templates (data entry screens or forms) for fast, accurate data entry of the transactions. It also helps in generalizing desired documents and reports. 

4. It enables in changing the volume of data processing in tune with the change in the size of the business. The software can be used for any size of the business and type of the organisation. 

5. It makes sure that the generalised critical financial information is accurate, controlled and secured. 



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