SSC CGL Exam  >  SSC CGL Notes  >  SSC CGL Tier 2 - Study Material, Online Tests, Previous Year  >  PPT - Computerised Accounting System

PPT - Computerised Accounting System | SSC CGL Tier 2 - Study Material, Online Tests, Previous Year PDF Download

Download, print and study this document offline
Please wait while the PDF view is loading
 Page 2


OBJECT OF STUDY
? To study about computerized accounting.
? To study about manual vs computerized 
accounting.
Page 3


OBJECT OF STUDY
? To study about computerized accounting.
? To study about manual vs computerized 
accounting.
INTRODUCTION
A computerized accounting system is a 
software program that is stored on a 
company's computer, network server, or 
remotely accessed via the Internet and it can 
be a great benefit for a business. It can help 
streamline accounting steps and help 
minimize errors.
Page 4


OBJECT OF STUDY
? To study about computerized accounting.
? To study about manual vs computerized 
accounting.
INTRODUCTION
A computerized accounting system is a 
software program that is stored on a 
company's computer, network server, or 
remotely accessed via the Internet and it can 
be a great benefit for a business. It can help 
streamline accounting steps and help 
minimize errors.
OBJECTIVE OF COMPUTERIZED 
ACCOUNTING
? Labor Saving:
Labor saving is the main aim of introduction of computers in 
accounting. It refers to annual savings in labor cost or increase in the 
volume of work handled by the existing staff.
? Time Saving: 
Savings in time is another object of computerization. Computers 
should be used whenever it is important to save time. It is important 
that jobs should be completed in a specified time such as the 
preparation of pay rolls and statement of accounts. Time so saved 
by using computers may be used for other jobs.
?
Page 5


OBJECT OF STUDY
? To study about computerized accounting.
? To study about manual vs computerized 
accounting.
INTRODUCTION
A computerized accounting system is a 
software program that is stored on a 
company's computer, network server, or 
remotely accessed via the Internet and it can 
be a great benefit for a business. It can help 
streamline accounting steps and help 
minimize errors.
OBJECTIVE OF COMPUTERIZED 
ACCOUNTING
? Labor Saving:
Labor saving is the main aim of introduction of computers in 
accounting. It refers to annual savings in labor cost or increase in the 
volume of work handled by the existing staff.
? Time Saving: 
Savings in time is another object of computerization. Computers 
should be used whenever it is important to save time. It is important 
that jobs should be completed in a specified time such as the 
preparation of pay rolls and statement of accounts. Time so saved 
by using computers may be used for other jobs.
?
? Minimization of Frauds:
Computer is mainly installed to minimize the chances 
of frauds committed by the employees, especially in 
maintaining the books of accounts and handling cash.
? Effect on Personnel:
Computer relieves the manual drudgery, reduces the 
hardness of work and fatigue, and to that extent 
improves the morale of the employees.
? Accuracy:
Accuracy in accounting statements and books of 
accounts is the most important in business. This can 
be done without any errors or mistakes with the help 
of computers. It also helps to locate the errors and 
frauds very easily.
Read More
1375 videos|1309 docs|994 tests

Up next

FAQs on PPT - Computerised Accounting System - SSC CGL Tier 2 - Study Material, Online Tests, Previous Year

1. What is a computerised accounting system?
Ans. A computerised accounting system is a software program or application that is used to record, process, and store financial transactions of a business electronically. It automates various accounting tasks, such as creating invoices, tracking expenses, generating financial reports, and managing payroll.
2. What are the advantages of using a computerised accounting system?
Ans. There are several advantages of using a computerised accounting system. Firstly, it reduces the chances of errors and eliminates the need for manual calculations, ensuring accuracy in financial data. Secondly, it saves time by automating repetitive tasks, allowing accountants to focus on more strategic activities. Thirdly, it provides real-time access to financial information, enabling quick decision-making. Additionally, it enhances data security and allows for easier collaboration with other stakeholders.
3. Can a computerised accounting system be customized to suit specific business needs?
Ans. Yes, a computerised accounting system can be customized to suit specific business needs. Most accounting software allows users to configure various settings, such as chart of accounts, tax rates, invoice templates, and financial reporting formats. Additionally, some systems offer additional modules or plugins that cater to specific industries or business requirements, such as inventory management or project tracking.
4. Is it possible to integrate a computerised accounting system with other business applications?
Ans. Yes, it is possible to integrate a computerised accounting system with other business applications. Many accounting software solutions offer integration capabilities with commonly used tools, such as customer relationship management (CRM) systems, payment gateways, and e-commerce platforms. This integration streamlines data flow between different systems, reduces duplicate data entry, and improves overall efficiency.
5. How can data backup and security be ensured in a computerised accounting system?
Ans. Data backup and security can be ensured in a computerised accounting system through various measures. Firstly, regular backups should be performed to create copies of financial data and store them securely on external devices or cloud storage. Secondly, access controls should be implemented to restrict user permissions and prevent unauthorized access. Additionally, encryption techniques can be used to protect sensitive information during transmission and storage. It is also recommended to install reliable antivirus software and keep it up to date to prevent any potential security breaches.
1375 videos|1309 docs|994 tests
Download as PDF

Up next

Explore Courses for SSC CGL exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Related Searches

Sample Paper

,

Online Tests

,

Extra Questions

,

ppt

,

mock tests for examination

,

PPT - Computerised Accounting System | SSC CGL Tier 2 - Study Material

,

MCQs

,

Viva Questions

,

pdf

,

Previous Year

,

Online Tests

,

video lectures

,

Exam

,

Semester Notes

,

Online Tests

,

Objective type Questions

,

Previous Year

,

PPT - Computerised Accounting System | SSC CGL Tier 2 - Study Material

,

Free

,

shortcuts and tricks

,

study material

,

Summary

,

Previous Year

,

PPT - Computerised Accounting System | SSC CGL Tier 2 - Study Material

,

Important questions

,

past year papers

,

practice quizzes

,

Previous Year Questions with Solutions

;