Describe the computerized accounting system


Advantages and Disadvantages of a Computerized Accounting System

Response to the following problem:

Your soon-to-be father-in-law owns a small retail store. He has manually kept his business accounting records for over 20 years, but he is currently thinking about switching to a computerized accounting system. What advice would you give him about the advantages and the disadvantages of using a computerized accounting system?

 

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Accounting Basics: Describe the computerized accounting system
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