Tuesday, March 26, 2019
Essay --
Over the years, our bill system has evolved from the tedious task of manual be to the ease of computerized accounting systems and programs. Computerized accounting has brought about a more efficient way of scene up and maintaining a companys financial records.In introductory years accountants would spend copious amounts of time manually recording billet transactions through journalizing, posting to rule books and mathematically checking separately journal and ledger for errors. This process was necessary in order to compile data required to produce financial reports and statements. The arrive of manual entries were so numerous that the marge of error was significantly increased. Simple mistakes, such as transposing a number or incorrectly recording a transaction in the defective column could create a ripple effect of errors throughout each journal, ledger, or report issued for that period. The process of tracking one simple sales transaction was incredible compared t o todays accounting software. Manually, the transaction big businessman begin with an invoice or sales receipt which beg...
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