Question

what are some of the things you want to consider before setting up a computerized accounting system? how would you accomplish these steps?

Answer 1

Setting up computerized accounting system in business would be a challenging task.
It would require a lot of planning and analysis about the business.

Some of the things that should be considered before setting up a computerized accounting system are :

• cost analysis is the most required things to be done about the computerized accounting system.
• choosing the type of software which would meet the demands of the business.
• integration between manual accounting system and computerized accounting system should be done before implementation.
• scope of the business should also be considered before setting of computerised accounting system.

All the above mentioned steps can be accomplished with the help of the management which should actively participate in the this new implementation.
Research about the software and its related components could also be helpful.