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Maintaining Accounts is Easy through Manual Accounting "OR" Computerized Accounting ?

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تم إضافة السؤال من قبل Ahmad Zeb Munir Munir , Accountant , Afridi Automotives
تاريخ النشر: 2017/06/15
Jillian Loren Garcia
من قبل Jillian Loren Garcia , Administrative Supervisor , Al Jaber Group

It is easier through Computerized/System Accounting, because its not prone to errors, time manageable, and more accurate, but i use Manual Accouting for double checking to make the result/ work more comfortable.

Wasif Riaz
من قبل Wasif Riaz , freelancer Transport Specialist , Ministry Of Transport - Saudi Arabia

Its Easy with computerize because its time saving & Accurate too.

Maher Ahmed Emam Azam
من قبل Maher Ahmed Emam Azam , مدير حسابات , شركة ديليمور للصناعات الغذائية

 

Already working on a computer whether on Excel or accounting software is definitely the best Computerized Accounting 

Soliman Abd  ALmalak Gendy
من قبل Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

In general it's easier when using computerized accounting because it's more accurate and save time

Zainul Sajideen
من قبل Zainul Sajideen , Accountant , Royal Capital General Contracting

It's easy through computer.

unais chemmukkil
من قبل unais chemmukkil , Senior Accountant , Juice time Restuarant Company

It is easier through Computerized/System Accounting,

kamran hafeez
من قبل kamran hafeez , Assistant Director Finance , Hashoo Group Owners & Operators of Marriott Hotels & Pearl Continental Hotels(Ex Inter Continental)

it is easier to maintain through the computer.

Mohammed El Tahir Mohammed Yousif
من قبل Mohammed El Tahir Mohammed Yousif , Finance Manager , Factory of Golden Block Company for Cement Products

Sure it is better through Computerized accounting.

 

Manual Accounting

A manual accounting system requires the acting accountant or bookkeeper to post business transactions to the general journal, general ledger and worksheet by hand. This process can be completed by either using actual paper journal and ledger sheets or by creating these sheets in a computer program such as Excel. It is considered manual because each transaction is entered into the system individually.

Computerized Accounting

A computerized accounting system allows the user to enter the transaction into the program once, and all accounts are updated as necessary. For example, if your business buys $1,000 worth of office supplies with a combination of $500 cash and $500 credit, instead of going to each accounting and posting the transaction, with a computerized system you would check office supplies, cash and the selected account payable account and the transactions automatically would post to the accounts.

Speed and Accuracy

Computerized accounting programs are quicker as far as entering information is concerned. However, even with the built-in error detection of computer programs, sometimes it is easier to cross-check journals ledgers in a manual system since you can flip to the pages you need, and even spread the books out on a table if needed.

End-of-Period Reports

Computerized accounting packages will automatically pull all relevant ledger entries for the period reports. Manual accounting takes longer, but can help a bookkeeper better understand the posting and end-of-period process. This is one reason why accounting students cannot take a computerized accounting course until beginning and intermediate accounting classes are completed.

Data Manipulation

With a computerized accounting system, information for a particular period of time can be compiled quickly. With a manual system, it can take time to locate the information from each book and compile it into a report.

Things to Consider

If you are not good with figures and accounting frightens you, and hiring a bookkeeper or accountant is not an option, a computerized system will make record keeping easier. For people who are comfortable working with an accounting system, either a manual or computerized system would be fine, but the computerized system offers the benefit of speed. If you are old-fashioned and just prefer having the actual paper books, you can use a computerized accounting system just to print out the journal and ledgers, creating the best of both worlds.

MOHAMED RIFKHAN OMER LEBBE
من قبل MOHAMED RIFKHAN OMER LEBBE , Accountant , Al-Ghurair Foods & Resources LLC

Easy to Maintaining the all the Accounts in Computerized Accounting.

Abdullahi Adan
من قبل Abdullahi Adan , Senior Auditor , TTC Audit Firm

computerized Accounting can mainting Accounts easily

Shaik Imran Shaik
من قبل Shaik Imran Shaik , CUSTOMER SUPPORT ENGINEER( HELP DESK SUPPORT ) , BAHRAIN NATIONAL GUARD

It More Easier in Computerized Acccounting then to Manual Accounting.

It will keep our data save, Accurate Calculation, Easy to maintane.

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