What are the disadvantages of computerized accounting system?

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kystaff · Answer 1 · 2021-05-25T12:02:47+0000

Disadvantages of computerized accounting system are;

Power failure, computer viruses and hackers are the inherent problems of using computerized systems.
Once data been input into the system, automatically the output are obtained hence the data being input needs to be validated for accuracy and completeness, we should not forget concept of GIGO (Garbage In (Input) Garbage out (Output).
Accounting system not properly set up to meet the requirement of the business due to badly programmed or inappropriate software or hardware or personnel problems can cause more havoc.
Danger of computer fraud if proper level of control and security whether internal and external are not properly been instituted.