Errors in computerised accounting

Errors in computerised accounting

In the recent years, because of the technological developments, many firms have computerised their accounting. It is done to save time and to have accuracy. Though certain errors of commission such as casting errors, errors in carrying forward, etc. and errors of partial omissions can be avoided, the following errors become unavoidable:

·           Errors of complete omission

·           Errors of principle

·           Errors of making wrong entry in the books of original entry

·           Errors of entering wrong amounts in the books of original entry

·           Errors of entering wrong accounts in the books of original entry

·           Errors of duplication