E-Accounting Training is just in the developing age and up to 2010 , it will surely commercialize use . There are large number of companies who started E-Accounting . In E-Accounting the accountant and employer both feel satisfaction because , this is cheep and without software defaults or failure . Your accounts saves in online server or database , so there is no need to record manually . By this way we can save large amount of money spending on manual books and different accounting software .
Some basic concepts , you should know in E-Accounting that it need learning because without learning of E- Accounting , you never expert in E-Accounting . Almost all companies uses same system of online accounting but some advance companies makes own system of their online or E-Accounting . They need only those dedicated person who know Internet and computer well , without this they can not appoint any E-Accountant . E-Accounting Concept is adopted international level
In other words all major institution and organisation are in the favor of Training of E-Accounting . In this all major accounting relating to General ledger Book keeping and maintenance , Bank reconciliation MIS Cash management , Account Payable and Receivables , Billing Payroll , Budgeting Management of Records Asset , management Detailed financial analysis , Collection management , Credit management , Generation of financial reports Financial statements are totally online . Company’s all accounting project can be easily outsourced by E-Accounting system .
Following are the main features of E-Accounting.