Advantages of Computerized Accounting

Computerized Accounting has lots of benefits with it. With the availability of User-friendly accounting software at a relatively low cost, it is a wise decision to maintain accounting records through accounting software instead of manual maintenance of records. Given here is a list of the advantages of computerized accounting:

1. Data accuracy
2. Reliability of data
3. Automatic generation of accounting documents like Invoices, Statement of Account and so on Generation of VAT and other statutory reports
4. Ability to handle high volumes of transactions without compromising on speed or efficiency Increase revenue while lowering operating costs