Question

Is the design and structure of manual & electronic accounting systems same?Why, give a reason, example.

Answer 1

In electronic accounting, the integration of various types of accounting (operational, accounting, and statistical) is usually carried out on the basis of single primary information. At the same time, the merger of these types of accounting does not occur, since each of them performs its functions and solves its own tasks.

The feedback principle is one of the basic principles of any control system. However, only after solving the problems of accounting, it is possible to provide feedback.

In addition, electronic accounting is characterized by the ability to automate the processing of accounting information in all areas of accounting, starting with the process of collecting and registering information (automation of primary accounting). At the same time, electronic accounting can use, in addition to traditional forms of accounting, an automated form of accounting, which fully meets the basic requirements for the use of computers and the principles of accounting and reporting.