Advantages of Computerized Accounting:

• Better Quality Work: The accounts prepared with the use of computers are usually uniform, neat, accurate, and more legible than manual job.
• Lower Operating Costs: Computer is a LABOR and time saving devise. Hence, the volume of job handled with the help of computers results in economy and lower operating costs.
• Improved Efficiency: Computer brings speed and accuracy in preparing the records and accounts and thus, increases the efficiency of employees.
• FACILITATES Better Control: From the management point of view, greater control is possible and more information may be available with the use of computer in accounting. It ensures efficient performance in accounting work.
• Greater Accuracy: Computerized accounting ensures accuracy in accounting records and statements. It prevents clerical errors and omissions.
• Relieve Monotony: Computerized accounting reduces the monotony of doing repetitive accounting jobs, which are tiresome and time consuming.
• Facilitates Standardization: Computerized accounting facilitates standardization of accounting routines and procedures. Therefore, standardization in accounting is ensured.
• Minimizing MATHEMATICAL Errors: While doing mathematics with computers, errors are virtually eliminated unless the data is entered improperly in the FIRST INSTANCE.

Advantages of Computerized Accounting: