Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Why are companies using accounting software rather then manual?

user-image
Question added by suraj k.c , Sr. Accountant , Al Faraa Group of Company (Unibeton Ready Mix)
Date Posted: 2016/04/08
HASSAN AHMED
by HASSAN AHMED , Internal Auditor , TIE

Companies using Accounting software rather than Manual accounting. Just to save time, on click they can get any report, accuracy as well, computer is much fast than human. e.g. i would like to share my experience: when i was accountant, i used to post entries manually in ledger, when my boss asked me to give me account receivable or payable report, it takes more time to calculate each each vendor or customer through calculator then make report if you forgot 1 zero it will put you in big trouble.

They are using accounting software because it is more accurate and saves time.

Ahmed Fawzy
by Ahmed Fawzy , accountant , Cairo channel,AL baraheen International_Egypt

Because it is faster and less errors

More Questions Like This