of Computerised Acounting System (CAS)
The applications of CAS
are as follows:
CAS, accounting records can be maintained easily and efficiently for
long time period. It does not require a large amount of physical space. It
facilitates fast and accurate retrieval of data and information.
Inventory management: CAS facilitates
efficient management of inventory. Fast moving, slow moving and obsolete
inventory can be identified. Updated information about availability of
inventory, level of inventory, etc., can be obtained instantly.
Pay roll preparation: Pay roll involves the
calculation of amount due to an employee. Pay of an employee may be
calculated based on hours/days worked or units produced. CAS records the
attendance of employees, computes the amount of salary, makes deductions such
as provident fund, income tax, etc.
Report generation: CAS helps to generate
various routine and special purpose reports.
Data import/export: Accounting data and
information can be imported from or exported to other users within the
organisation as well as outside the organisation.
Taxation: CAS helps to compute
various taxes and to deduct these and deposit the same to the Government