Benefits of E-Accounting
MOHD S. UMAR has asked the question from NIGERIA about the benefits of e-accounting. Following are main benefits of e-accounting.
1. With e-accounting, we can create account of more than one company from any place of the world.
2. With e-accounting, we can share accounting information with other from any place of the world.
3. With e-accounting, we can do live work of accounting. It means one accounting project can be complete more than one person from different place.
4. With e-accounting, we can audit the made accounts from any place of the world.
5. With e-accounting, we can give better input data to finance manager for good future financial plan.
6. With e-accounting, we can get result more fastly from any place of the world. Any can know what will be the profit or loss figure after each transaction.
7. In e-accounting, everything online, so there is no need to invest money in papers.
8. In e-accounting, we need small number of accountant. Same accountant can be promoted for other analysis work.
9. In e-accounting, we can get all old data more fastly for analysis purposes.
10. In e-accounting, we can import raw accounting data from other system also. We can also export our accounting data to other system.
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