accounting system



Organized set of manual and computerized accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for management decisions.

Use accounting system in a sentence

  • We painstakingly converted our manual accounting system to one that is fully automated thereby allowing us real time access to financial data.

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  • You should have an easy to use accounting system in place so that any new hire can quickly adapt to it.

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  • The accounting system had been used for decades and it was time to upgrade the system which entailed a complex conversion project.

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