Authors

1. Ms. Reema Singh
2. Ms. Neha Mathur
3. Ms. Anuradha Agarwal

Affiliation

• Assistant Professor Deepshikha College of Technical Education Jaipur
• Assistant Professor Deepshikha College of Technical Education Jaipur
• Deepshikha College of Technical Education Jaipur

Abstract

Accounting plays an important role in growth or divest of any business institutions. Accounting systems are responsible for recording, analysing, monitoring and evaluating the financial aspects of companies, preparation of documents necessary for tax purposes, providing information support to many other organizational functions, to evaluate the strategic position of organization and so on. Earlier it was a major problem for the accountant to detect financial errors, as manual accounting system was followed. But today the computers have brought a revolutionized change in accounting industry. Computers play an important role in accounting as they manage data efficiently but it has true value when it provides immediate reports for strategic decisions at all levels of management i.e. e-accounting. In e-Accounting, digital form is adopted to record the accounting data and functions. It is a platform for the efficient accountant with modern software to solve everyday business problems. e-accounting allows corporate to keep their data safe and secure by allowing access to authorized users only. e-Accounting understands business objectives and processes and provides solution that will improve the efficiency of company and profits. It also facilitates to connect distant offices by a common web interface or a full fledged web application or company's web server. This paper summarizes on “how the techniques of e accounting are applied for the evaluation of the financial position of the organization and for decision-making.

Keywords

E-accounting , Inventory Control System

References

1. http://www.ecomstor.com
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3. D. Hirsh, C. Mills, G. Ruth,(1991). “Internet Accounting: Background,” RFC 1272, November 1991.
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