Advantages of a Computerized Accounting System. Accounting is a basic process required to operate any organization. Every debt must be paid in full and on time, and all incoming monies must be noted.

An accounting information system collects, manages, retrieves, and reports financial data for accounting purposes. Its 6 components ensure its critical functionality.

Manual accounting systems have been around since ancient scribes began keeping records of taxes, tribute and temple inventories. Computerized accounting systems are barely two generations old, but ...

On August 3, 2000, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order (RMO) 21-2000, which basically prescribes the policies and procedures in the processing and approval of ...

The Center for Global Best Practices is inviting all medium and large taxpayers to a one-day seminar on the Bureau of Internal Revenue’s computerized accounting system (CAS) to help businesses ...