Computerised Book Keeping Systems

Computerised Book Keeping Systems (CAS)
This area would include a consultant who demonstrates, installs or provides training of accountancy and accountancy related software.
A consultant’s activities could include the set-up, supply and maintenance of:
• accountancy software to produce financial or management accounts
• payroll software
• software for the calculation of a client’s tax liability.

What Is a Computerised Accounting System?
How is your company doing? Being able to answer that question requires you to know how much money you’re making, which in turn requires accurate bookkeeping. Keeping accurate financial records is crucial to the success of any business, so it’s important to know your options.

While some firms still do their bookkeeping by hand, most firms generally have too many transactions to sustain a manual accounting system. The more complicated the financial activities of your business are, the more likely it is that you’ll need a computerized accounting system to ensure effective financial reporting. Computerized accounting systems are software programs that are stored on a company’s computer, network server, or remotely accessed via the Internet.

Computerised accounting systems allow you to set up income and expense accounts, such as rental or sales income, salaries, advertising expenses, and material costs. They also can be used to manage bank accounts, pay bills, and prepare budgets. Depending upon the program, some accounting systems also allow you to prepare tax documents, handle payroll, and manage project costing.

You can generally customise the software to meet the needs of your business. It’s important to make sure that your staff are trained and understand how to use the system correctly so that your company can successfully use your accounting program.

At DMO Accountancy we have Bespoke computerise and award winning accountancy Systems that meet your business needs and solutions.