Effectiveness of Computerized Accounting System: QuickBooks

Running Head: Business Research 1
Applied Business Research
Effectiveness of Computerized Accounting System: QuickBooks

Business Research 2
Executive Summary
The role of the computerized accounting has been developing day by day as it helps in increasing
the productivity of the business. It is evaluated that in the past years, Intuit Quick Book
discharged another factors to its Turbo Tax Clients that linked them with a good keeper. The
organization performs under an "Outline for Delight" activity. The main role of this activity is to
develop profound client sympathy and exploring number of choices prior determining. The client
organization is facing some challenges regarding the QuickBooks context as it is unable to
handle Online QuickBooks Intuit in which they require high skilled employees and lack of
knowledge about handling the systems. The resolution technique is given in the research in order
to amplify the importance of it.

Business Research 3
Contents
Effectiveness of Computerized Accounting System: QuickBooks..............................................1
Executive Summary.........................................................................................................................2
Introduction to the research.............................................................................................................4
Research problem and Research Objectives....................................................................................5
Theoretical background and literature review.................................................................................7
Research Design and Methodology...............................................................................................11
Research approach.....................................................................................................................13
Data type....................................................................................................................................13
Justify the sample.......................................................................................................................14
Data analysis..............................................................................................................................14
Ethical consideration..................................................................................................................15
Conclusion.....................................................................................................................................15
References......................................................................................................................................17

Business Research 4
Introduction to the research
The progression in information technology has ultimately escorted to the foreword of
computerized accounting systems in dislocation of manual accounting system in corporate
reporting to aid create applicable and loyal agent financial reports for both organization and
outside users for decision making. Computerized accounting has many benefits that lead the
organization in the path of the success that is why it is considered as the engine of the growth
(Rogers, 2016). It permits users to input vital information in the accounting software program
and it helps to run the accounting software in more speed in comparison to the manual
accounting system. There are various accounting software packages such as QuickBooks and
Sage 50 Accounting which come as built-in databases that permit users to input data. The manual
accounting system can lead the business into many errors as it is prone to mathematical errors
and misplace numbers. With the help of the computerized accounting system, the data of the
company can be calculated in an automatic manner on the basis of the numbers of input data.
Manual accounting system does not provide the facility to prepare the data regarding the
financial statement of the company in an accurate manner as there can be more chance of error in
the balance sheet and statement of owner's equity. Computerized accounting systems permit
financial statements to be shaped from information maintained in the record. With respect to the
computerized software system, Collins, (2014), stated that computerized accounting system is
considered as the method which helps out to record, summarize, manage, organize and interpret
financial information on business transactions which communicate to stakeholders with the help
of the computers and computer-based systems like accounting packages. It has been found that
this system is a mechanized process of developing financial information inflows along with the
automation of the accounting jobs like report generation and database recording.