1.

How does Accounting Software provide facility for data exchange with other information system ?

Answer»

In the following ways, accounting software provide facility for data exchange with other information system :

  1. Through internet web browser, any information can be accessed at any time from anywhere. If authorised, such accounting information can be modified, copied or print out can be taken.
  2. Accounting information can be uploaded. For example, if information about each sale bill is uploaded for filling VAT, return, filling of return will be very easy.
  3. Accounting information can be transferred by e-mail, with such features or facilities, lot of money and time is saved.
  4. Accounting information or statements can be exported. For example, Balance Sheet can be exported in Excel Sheet.


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