Advantages of Integral accounting systems

Advantages of Integral accounting systems

An integrated accounting system has the following advantages.

1. There is not problem of reconciliation as there will be only profit amount.
2. This system is economical and easy to understand.
3. Duplication of work and labor is avoided.
4. Cost data can present promptly and regularly.
5. All cost data and accounts are automatically checked and thus cost figures are accurate.
6. In broaden the outlook of accountant and his staff.