Manual Accounting Versus Computerized

As long as the person in charge of manually keeping the financial records knows what he or she is doing, it can be just as accurate as a computerized accounting system.

Financial Accounting and Reporting -

There can be many disadvantages of using a manual accounting system.

Financial <em>Accounting</em> and Reporting -

Accounting Manual - Cash Petty Fund Disbursements

Do you get a pen and paper and write everything out, or do you use a computer? A business also has the option of using a computerized accounting system, keeping their financial records with the aid of a computer and software package. Manual accounting systems are most commonly used by small businesses, as these systems have lower upfront cost less than complex accounting software and are relatively easy to use.


New or small businesses may not have many financial entries to make and, therefore, their accounting needs are simple.

Preparation of accounting manual format:

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