pros of computerized accounting systems
- faster provision of information
- provision of information that would not be easily available without computerized accounting
- once setup, cheaper information
- more accurate information
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| Term | Definition |
|---|---|
pros of computerized accounting systems | - faster provision of information
- provision of information that would not be easily available without computerized accounting
- once setup, cheaper information
- more accurate information |
computerized accounting system structure | - input data
- processing data -> -< computer files
- output information
|
Types of data processing | - batch processing: input data is accumulates into batches and processed all at once
- real time on-line processing: output information is updated as transactions happens. |