Traditional Accounting VS Computerized Accounting

Traditional Accounting VS Computerized Accounting

Accounting software applications are very popular nowadays especially to most large and medium scale businesses and even small businesses. These organizations are using these automated business tools to facilitate the recording and reporting process. However, for micro businesses with few transactions, they still opt to do their accounting processes in a traditional way. The cost of purchasing and maintaining these accounting software applications would be one of the main considerations of business owners. Let's discuss in this article the different advantages and disadvantages of traditional accounting as well as computerized accounting.