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Basics of Computerized Accounting

Author Name: Dr Anshumali Pandey | Format: Paperback | Genre : Educational & Professional | Other Details

Meaning of Computerized Accounting

A computerized accounting system saves a great deal of time and effort, considerably reduces (if not eliminates) mathematical errors, and allows for much more timely information than does a manual system. In a real-time environment, accounts are accessed and updated immediately to reflect activity, thus combining steps 2 and 3 as discussed in the preceding section. The need to test for equality of debits and credits through trial balances is usually not required in a computerized system accounting since most systems test for equality of debit and credit amounts as they are entered. If someone were to attempt to input data containing an inequality, the system would not accept the input. Since the computer is programmed to post amounts to the various accounts and calculate the new balances as new entries are made, the possibility of mathematical error is reduced.

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Dr Anshumali Pandey

Dr. Anshumali Pandey is a renowned & reliable name in the field of Education, Hospitality, Tourism and Tribal Food. He is a Teacher and Chef by profession, and also an Author, a Business Auditor, and an avid culinary traveller to the Indian Sub continental hinterlands. Dr. Anshumali Pandey is a Hospitality Educator (PhD) who specialises in Higher Education, Office Administration, Pay roll, HR, Labour Laws, Audit, and Procurement & Tender Process. He is an Author with 66 Publications consisting of 48 Books and 3 short stories.

His contribution and research in the field of Tribal Food, Tribal Tourism, Forest Tourism and Village Tourism in the form of research papers have brought several laurels to him. In 2018 the Ministry of Tourism, Govt of Indian duly recognised all this and awarded him with a National Appreciation certificate and memento.  

The books written by Dr Anshumali Pandey are essentially a banquet arising from an experience of over 25 years of Professional life and have boiled down to crisp and accurate writing on his favourite subjects. Hospitality Sector champion requires to be a specialist in many fields and Dr Pandey is one of them. His knowledge is evident from the spectrum of subjects which he has chosen for his books so far, which ranges from being a specialist chef, to Master of Human resources, to Education and to love for children, and topped with Spirituality. For more than two decades Dr Pandey has lived with his family in Western India in general and the Tribal belt of the union territory of Dadra & Nagar Haveli in particular. Most of his time is consumed in helping and understanding the Tribal and rural population of the region and writing scholarly articles and books on his vast area of interest.

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