Question
In: Accounting
How an accounting information system like QuickBook can improve overall efficiency and effectiveness for an organization?
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Expert Solution
Accounting information system like QuickBook can improve overall efficiency and effectiveness for an organization.
Accounting software are user friendly software which provide working with ease in hostile enviornment full of competition. There are lot of benefits , some are listed as below:-
1) cost benefit= Instead of outsourcing the work to any profesional, you can simply use an software and can save alot money. This saves a lot of time and energy.
2) Enhanced Productivity= As software perform the task , it focuses more on producing results and help in reaching the targets. It doesnt have any effect of the things which are beyong control like strikes.
3) Accuracy and reliability - Task is performed by the software, thus overall improving the accuracy n reliability of the work. Chances of error are very less as compared to manaul system of maintaning books.
4) Integrity= You can save your work and prevent from any unauthorise access by using a passcode / password. Integrity of the information and work is being maintained.
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