Reference no: EM132702701

Problem 1: Describe the benefits of computerized accounting to an organization?

Computerized accounting is very beneficial to an organization due to:

1. Financial information being well organized
2. Calculates everything automatically 
3. Storage allows organizations to distribute financial information quickly and much easy.

Problem 2: What features in QuickBooks will aid an organization in its accounting and decision- making process?

Some features in QuickBooks that will aid an organization in its accounting and decision making-process are

1. Access to their own accounts from any browser
2. Pay bills
3. Detects expenses and income
4. Reduces errors 
5. Accurate information about the organization's status and activities

Problem 3: What differentiates manual and computerized accounting systems?