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What are the features of Computerized Accounting System?

AccountancyClass 11CBSEAnswered 23 Jun 2026
Answer

Features of Computerized Accounting System:

  • Online input and storage
  • Printout of purchase and sale invoices
  • Logical scheme for codification of accounts and transactions. Every account and transaction is assigned a unique code.
  • Grouping of accounts is done from the very beginning.
  • Instant reports for management
Accountancy · Class 11