Introduction to Introduction to computer accountingcomputer accounting

What is computer hardware?What is computer hardware?

How many examples of types of software How many examples of types of software can you think of?can you think of?

As we have seen in the previous working As we have seen in the previous working effectively in accounting and finance unit, effectively in accounting and finance unit, emails in business are used on a regular emails in business are used on a regular basis. Information can be generated from basis. Information can be generated from an accounting package and sent via emailan accounting package and sent via email

Ways of transferring data from one Ways of transferring data from one program to another is by converting text program to another is by converting text into one continuous line. This is known as into one continuous line. This is known as CSV format (‘Comma Separated Values’)CSV format (‘Comma Separated Values’)

Electronic Data Interchange (EDI)Electronic Data Interchange (EDI)

Specialist software is needed for this. Specialist software is needed for this.

Supermarkets often use it for ordering and Supermarkets often use it for ordering and paying for goods.paying for goods.

There are various different types There are various different types of accounting software availableof accounting software available

Some examples include…Some examples include… SageSage TASTAS Quick booksQuick books IRISIRIS PegasusPegasus

Features of a computerised Features of a computerised accounting programaccounting program

Inputting invoices, credit notes, receipts and Inputting invoices, credit notes, receipts and paymentspayments

By entering one transaction all of the double By entering one transaction all of the double entry is completed for you. (Because a entry is completed for you. (Because a computerised accounting system is fully computerised accounting system is fully integrated)integrated)

There may be a separate payroll programThere may be a separate payroll program

Generating Management reportsGenerating Management reports

How can we get information out of the

computerised accounting program?

Now let’s have a go at the Now let’s have a go at the questions on page 20 and 21 of questions on page 20 and 21 of

your text bookyour text book