Question: Compare and contrast a manual accounting recordkeeping system with computerized software systems. Discuss advantages and limitations of computerized accounting over manual systems. Identify a minimum

  1. Compare and contrast a manual accounting recordkeeping system with computerized software systems.
  2. Discuss advantages and limitations of computerized accounting over manual systems.
  3. Identify a minimum of four accounting software programs and specific advantages/disadvantages of each.
  4. What are the potential shortcomings of purchased software? Are add-on packages (modules ie, payroll) a requirement?
  5. What would be your choice - in house software, purchased software (cloud or desktop), and which software if purchased.
  6. What software you would choose? 

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Comparing Manual and Computerized Accounting Systems Manual Accounting Recordkeeping System Advantages 1 Costeffective Initial setup costs are minimal as it only requires basic stationery like ledgers ... View full answer

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