Wednesday, 23 April 2014

COMPARISON OF MANUAL AND COMPUTERIZED ACCOUNTING

MANUAL                                    VS               COMPUTERISED

      Journal, Daybook                                             Batch 1,2,3,4,5….

      Ledger Accounts                                              Chart of Account

      Double Entries                                                 Add Transaction( Add &Quick entry)

      Close Ledger Acct.,                                         (Auto generated)
     Compute balance

      Trial balance                                                    (Auto generated)

      Financial reports          
    Balance sheet, Profit & Loss Account                (Auto generated)

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