The Impact Of Computers In Accounting


In our society today, computer technology plays an important role in many form of business, especially in the field of accounting. As technology advances, not only does the use of computers penetrates individual's everyday life, it also helps to mange and improve many business operations from service, manufacturing to retail.
Ken, an accounting graduate, works as an accounting clerk at Advance Manage, a service operation located in Markham, Ontario. The small business is in the form of a partnership, and has only 5 employees. Advance management mainly provides service for property owners who are seeking proper management for their housing estate such as small plazas and condominiums. ...

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they have is quite advances. For example, they own 3 computers of which one is solely for accounting purposes. The system includes a CPU Pentium II with 300 MHz microprocessor, a 64 MB SD Ram on board, a 56 K modem, a 32´CD-ROM, and also a 4.3 GB Hard Disk. This high quality equipment has bought recently and they have already contributed a lot in improving the business' operation by making better works done more quickly.
Advance management also has its own great software to match with its advances computer system. The software is specifically designs for the use of property managing and is called AFEX. This accounting software for property management has been in uses for almost a year and is a very helpful in working with the company's accounting routine. The company uses the accounting software to a great extent. All Account Receivables, Account Payables, payrolls and financial statements are done conveniently on the computer. For Account Receivable, by entering all ...

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PAPER DETAILS
Added: 8/8/2006 04:01:40 PM
Category: Technology
Type: Premium Paper
Words: 866
Pages: 4

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