what are problems of electronic data processing to accounting profession?
90987
Sometimes data is corrupted when it's imported from one place to another.
872961
Time consuming\nErrors likely\nCan be costly (paying someone to do the accounting)\nWaste of cabinets
429648
try this site for help on accounting.\n\n\nhttp://www.futureaccountant.com/accounting-process/
1143504
Legal risks as well as the tax consequences are very big.  HR and cultural issues becomes another concern.  Marketing as well as filing requirements in the countries affected, etc...just to name a few.\n\nThere's really too little information here to give any meaningful advice.
251296
save all your receipts and cancelled checks and atm transactions.  douoble check your own arithmetic and also the bank's.  the computers may compute accurately, but data entry is done by people, and people make mistakes.
109337
sudah coba Zahir Accounting ? software ini sangat populer khususnya di Jakarta, harga termasuk murah dibanding software akutansi sejenis
514553
As long as there are computers, there will be a need for Data warehousing. This offers companies a back-up for disaster recovery plans. It will grow as more companies develop these disaster recovery plans. I believe that ISO 9001 requires a plan in order to be certified.\n\nAnother promising field is electronic archiving of hard copies. So many companies have to hold onto old documents, but would like to have those stored electronically. The problem is the time involved in scanning and recording all these documents.
721140
Well it's not employee's, it's management. \n\nTwo things are proportional to volume of transactions and they are errors and the size of errors, secondly there is opportunity and/or concealment of fraud.
248208
The process of accounting after the journal entry is passed is mechanical and it can be mechanised by using the logical flow of information.....\n\nTherefore, in Computerised accounting, you only record a journal entry...and the rest is done by the computer..\n\n\nlearn the fundamental concepts here to have a wonderful understanding on the basics of accounting...\n\nhttp://www.futureaccountant.com/accounting-process/study-notes/\n\n\nhttp://www.futureaccountant.com/\n\nhttp://www.schoolingkids.com/
1105309
Open Office http://www.openoffice.org has a suite which contains word processor, spreadsheet and all other categories found in Microsoft office. It is free to download and can be used legally for commercial purposes.\n\nYou may wish to check your taxation office as some countries, (Australia & Canada) Have free software available for use by business for record keping. Here in "Aussie land" we have "E record" and I found it was excellent for me when I had my own business.
1000986
Use of computer systems to execute varios office tasks. Specially computing (accounting) and word processing. It can include email, networking.
127154
Yarnlady is correct. This is certainly not something that can be easily br adequately answered in a yahoo answers forum. \n\nBasically the problems boil down to investment in hardware, software and resources trained in implementing such as system. \n\nThe solutions at a very high level are start slowly, plan carefully obtain funding and get buy in from a project sponser down to the end users for the new system
186492
You are exactly right in your concerns. \n\nThe quality of data on the web and even the quality available to brokerages is TERRIBLE. The primary problem is NOT the daily pricing, but rather the handling of dividends, splits, mergers, and other corporate actions that impact total return (what you actually make on a share).\n\nI personally make a living taking the standard data provided by the exchanges and then fixing and cleaning it for use by people like yourself.\n\nNevertheless, my services also come with a standard disclaimer which I deeply regret having to use because of potential liability. \n\nThe three companies that take data quality seriously are Investors FastTrack, Morningstar, and Lipper. I would encourage you to use these services in making sensible long-term investment decisions.
987745
When ever possible use recycled paper. \n\nRegarding the paperless office, I was just having a conversation earlier today about the very same subject. Electronic data is very efficient, however, what if the system crashes and no means to retrieve your backup data, if you kept a paper backup then you can resort to the paper information if possible. (old school)
344179
Definitely,\n            All the accounting, drafting system can be done through softwares, for the banking sector software development a Software Engineer must know basic Accounting and Commerce!
507191
I was an accounting major.  I used the website assocatied with my text book.  Look in the front or back and see if there is a website.  what type of accounting problem is it, I might be able to help, although its been a few years.  IN the real world of accounting, you don't use alot of what we had to learn in school, so some of the things I had to learn the company does not use, so I may have forgotten it, but I still have my text books.
252057
Accounting is an activity that can be termed an art as well as a science.  \n\nAccouting (financial accounting more so) is the act of collecting, recording, financial information in order to derive information that is capable of being analysed, summarized and reported. \n\nIt generally considers only information (transactions) that are capable of being viewed (measured) in monetary terms. \n\nHowever, in modern day computerised accounting environments there is a lot of other relevant information that is recorded along with the financial information (like inventory data) to make accounting a complex information collection, processing and retreival system.\n\nAccounting can be a complete record of all the activities of a business, providing details of every aspect of the business, allowing the analysis of business, and providing insight into future prospects.\n\nBookkeeping is the practice of recording transactions. Bookkeepers tend to focus on the details, recording transactions in an efficient and organized manner, and they may or may not see the overall picture.\n\nAccountants use the work done by bookkeepers to produce and analyze financial reports. Although accounting follows the same principles and rules as bookkeeping, an accountant can design a system that will capture all of the details necessary to satisfy the needs of the business—managerial, financial reporting, projection, analysis, and tax reporting. A good accountant will create a system of financial reporting that gives a complete picture of a business.\n\nhttp://www.futureaccountant.com/\n\nhttp://www.schoolingkids.com/