How you use a computer application for accounting

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Reference no: EM13754538

You may have recognized ways in which the use of accounting software will add efficiency to your organization. The work-time spent as a business manager can be used to analyze, reconcile, and compile financial information, rather than manually journalizing and posting the business events into journals and ledgers.

First Post: Post your replies to the following questions:

• How do you feel your comprehension of a manual system benefits how you use a computer application for accounting?

• What areas of knowledge have assisted you with setting up your company?

Second Post: Respond to a classmate's post and please include the following questions in your response:

• Do you find that automating the manual procedures you have learned is an easy transition, or would you prefer to manually perform the transactions of posting, billing, payments, etc?

• What areas of accounting still require a lot of manual review even though you are using a computer application?

Reference no: EM13754538

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