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Computerized ACCOUNTING PLUS TWO (FOSS Tools for Accounting)PART I DRAFT Version 1.0GENERAL EDUCATION DEPARTMENTGOVERNMENT OF KERALAPrepared by : IT School Project Poojappura, Thiruvananthapuram12,

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What is computerised accounting?

Computerised accounting is a system of keeping financial records using accounting software or other digital tools.

Who is required to file computerised accounting?

Businesses of all sizes, including sole traders, partnerships, and corporations, may be required to file computerised accounting depending on the regulations in their jurisdiction.

How to fill out computerised accounting?

To fill out computerised accounting, businesses need to input their financial transactions into the accounting software, categorise the transactions, reconcile accounts, and generate financial reports.

What is the purpose of computerised accounting?

The purpose of computerised accounting is to streamline financial record-keeping, improve accuracy, generate real-time financial reports, and facilitate decision-making for businesses.

What information must be reported on computerised accounting?

Income, expenses, assets, liabilities, equity, and other financial data must be reported on computerised accounting systems.

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