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- #Simple commission calculation program part 2 explanation install#
- #Simple commission calculation program part 2 explanation manual#
- #Simple commission calculation program part 2 explanation software#
- #Simple commission calculation program part 2 explanation password#
Customized accounting software does not suffer from this drawback. (iv) There is lack of security because any person can view data of all concerns with common access password. (iii) Customization may not be possible in most such software’s.
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For example, production process may not be covered. (ii) It may not cover all the functional areas. Many reports which are required may not be possible. There may be certain peculiarities of the particular business which may not be taken care of by the standard package. (i) A standard package may not be able to take care of the complexities of the modem business house. The following are the disadvantages of pre-packaged accounting software:. (v) It is specially effective for medium sized business houses. The following are the advantages of pre-packaged accounting software The vendor to the software normally provides regular updates to take care of the changes of law as well as to provide additional features.
#Simple commission calculation program part 2 explanation manual#
User manual is also provided to guide the user of software.
#Simple commission calculation program part 2 explanation install#
An installation diskette or CD is provided with the software to install the software on a personal computer.Ī network version of the software is also available which has to be installed in the server and then work can be performed from the various workstations or nodes connected to the server. The installation of a pre-packaged software it very simple. These software’s are easy to use and relatively inexpensive. There are several pre-packaged accounting software’s which are available in the market.
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Also, reports are not automatically generated. Double entry is not automatically completed. Simultaneous access on a network may not be possible.ģ. It can accept data only up to a specified limit.Ģ. Presentation can be made in various forms including graphical presentations like bar diagrams, histograms, pie-charts etc.ġ. Most of the common functions like doing calculations, setting formulas etc. It is simple to use and easy to understand.
#Simple commission calculation program part 2 explanation password#
Special spread sheet controls including physical spread sheet controls like spread sheets locked on a protected shared drive with restricted access and read / write access controls and password protected-cells and formulas with passwords may be used.ġ. In doing so, the user will have to keep a control of the figures also. Spread sheet package may be used to maintain accounts. The detailed classification of account heads and the order in which the major and minor heads are to appear in account-records must be got approved by the top management and reviewed by the auditor before being introduced in the enterprise. The servicing of cars may be divided into servicing under the guarantee period and servicing outside the guarantee period. Car manufacture may be divided into manufacture of chasis, the door, the front panel etc. For example, two major heads of a company may be car-manufacture and servicing of cars. There is always some logic behind the classification. Thus, there may be a four tier arrangement of the classification structure of accounts. The sub-heads are further divided into detailed heads. Each of the minor head is further divided into subordinate heads generally known as sub-heads.
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The main unit of classification is the major heads which are divided into minor heads. Proper codification requires a systematic classification of accounts. But mostly a computerised accounting system uses a well-defined coding system. In computerised accounting also, there are many accounting software’s available which support non-coded accounting system. In manual accounting system, account codes are rarely used. There may be unauthorised access to the data.Ģ. (vi) The system poses the problems of controls, security and integrity as information is stored in soft copies inside the computers. (v) Sometimes, the whole function of accounting is outsourced where the firm gets its financial accounting processed by an outside agency which also uses computers to perform the function.