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Explain the differences between Manual Accounting and Computerised Accounting.

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Following are the differences between manual accounting and computerised accounting:

S.No. Manual Accounting Computerised Accounting
1. It is more time consuming. It is less time consuming.
2. It requires more paperwork. It requires Less paper work.
3. Retrieval of data is difficult. Retrieval of data in very easy.
4. Requires more man power. Requires less man power.
5. Modifying records is difficult. Modifying records is easy.
6. It is more prone to errors. It is reliable and error-free.

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