The Advantages of Manual or Computerized Accounting | Small Business - Chron.com - 0 views
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Such information may be analyzed to help business owners make future financial decisions, using the advantages of either manual or computerized accounting.
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Computerized accounting has the advantage of increased efficiency and time management when compared with manual accounting.
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Computerized accounting has the advantage of higher accuracy when compared with manual accounting
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This article compares the advantages and disadvantages of having a computerized accounting system and then also completing the task by hand. When looking at different factors it is clear that it seems like an owner would run a risk going either way because where the computer would lack in areas, the human touch would prevail and then where a human touch would lack in other areas, the computer would prevail. Therefore, I would conclude that it is probably better to have a little bit of both to help make the process smooth but not over bearing on a human or even on the computer.
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This article basically goes over the pros and cons of switching over to computerized accounting systems like Quickbooks and Freshbooks. It goes over the main concerns like data breached and human error, but it also deleves a little deeper to discuss how many of the software require regular system and hardware updates in order to have the software run efficiently.