Sunday, September 8, 2019
Computer Science and IT Article Example | Topics and Well Written Essays - 750 words
Computer Science and IT - Article Example Besides, a computerised accounting system is one of the databases -oriented applications where the transaction data is stored in well- established the database (Kiely, 2015).Ã Computerized accounting system leads to reduction costs, like salaries, higher returns through participation in global banking services and an improved security system that minimizes fraud. Besides, the software has benefits such as accuracy in the issuance of bank statements and fast processing of financial statements as well as easing the highly cumbersome auditing procedure. Alternatively, the system has challenges such as high installation cost, unstable power supply, computer failure and inadequate expertise (Daru, 2015).Alternatively, accounting software is an essential component of the computerised accounting system. The accounting software includes accounts receivable software, accounts payable software, general ledger software and accounting packages and chart of account. The significant factor has to be considered before purchasing accounting software is the accounting proficiency of individuals responsible for the organisation for bookkeeping work. (Daru, 2015).Ã Ã Failure in voting systems in the current generation is a regular occurrence as a result of various reasons that can be prevented through strong databases. The repeated failures disenfranchise voters and destroy public confidence in the electoral system.Ã The failed voting machines, frustrated voters and lost votes have been the current reports following every important election.Ã
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