Computerized Accounting


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Computerized Definition

–verb (used with object)
1.to control, perform, process, or store (a system, operation, or information) by means of or in an electronic computer or computers.
2.to equip with or automate by computers: to computerize a business.
–verb (used without object)
3.to make use of computers: The entire industry is expected to computerize by the end of the year.
From Dictionary

Accounting Definition

–noun
1.the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc. (distinguished from bookkeeping).
2.a detailed report of the financial state or transactions of a person or entity: an accounting of the estate.
3.the rendering or submission of such a report.
From Dictionary

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