Computerized accounting refers to using computers for a range of accounting tasks. In the past, computers were used as calculators. Modern computers perform a number of additional tasks and provide analytical information.Continue Reading
Most of the first commercial computers were used by businesses. Before computers were available, companies hired people to perform manual calculations. For large companies, the costs were high. While these computer were expensive, they were more affordable than hiring full-time employees, and they worked much faster.
Personal computers made computerized accounting far more affordable, and even small businesses could afford some of these early systems. While information still had to be entered manually, these computers could analyze the information almost instantly and generate simple reports. Most of these systems have been replaced, but some businesses still rely on systems purchased in the 1980s.
Computers handle a broad array of tasks. Point-of-sale systems are often tied directly to accounting software, enabling instant updates. In addition, modern systems can provide a number of analytical reports with useful insights. Increasingly, companies are using cloud-based platforms. These platforms allow managers and business owners to access information from anywhere, and they outsource server tasks to remote servers. The advantages provided by computerized accounting platforms make them nearly ubiquitous for medium and large businesses.Learn more about Chemistry
In the context of accounting, computers are typically used to record, save and analyze data, explains Jeffrey Romano of Clever Accounting. The computing programs used for accounting range from general-purpose spreadsheet software to specialized applications.Full Answer >
Using computers in the office has a number of advantages for almost any business of any size, including increased organization and more efficient business operation, particularly where sales, marketing and accounting are concerned, all of which can contribute to higher profit margins. Most businesses opt for the use of office computers and related technology as a result.Full Answer >
Some of the most important advantages of computers to any business include efficiency, time saving, better record keeping, automation of processes and easier accounting. The disadvantages include loss of jobs, they may cause distractions and health complications and can be harmful to the environment.Full Answer >
According to the United States Nuclear Regulatory Commission, the lethal dose of radiation is in the range of 400 to 450 rem. This level of radiation causes death to around 50 percent of a population that has been exposed over a period of 30 days.Full Answer >