Advantages of Integral accounting systems
An integrated accounting system has the following advantages.
- There is not problem of reconciliation as there will be only profit amount.
- This system is economical and easy to understand.
- Duplication of work and labor is avoided.
- Cost data can present promptly and regularly.
- All cost data and accounts are automatically checked and thus cost figures are accurate.
- In broaden the outlook of accountant and his staff.
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