COMPUTERIZATION OF ACCOUNTING PROCEDURE IN'MANUFACTURING COMPANY. (A CASE STUDY OF TOYO PAINTS NI(;ERIA LIMITED ALAGBADO-LAGOS)

Abstract

Accounting is a decision support tool that gives easy access to vital information needed for effective running of Business Organization. An accountant is concerning with more than record keeping phase, he is interested in the relationship between the financial result and the event which have created them. He will study the various alternatives open to the firms and he will use his accounting experience in order to aid the management to select the best plan of action for the firm. The necessary information are not just supply to the management but making the information available at the right time and the right place Due to the innovation and increase in transaction, the operation of accounting personnel has increased voluminously in recent year, and there is the need for faster and efficient system, that is a computer base system, that will improve manual system, which are prone to errors in accounting calculation, fraudulent activities and delay in preparing information available to the management for decision making. The system design, specification, implementation and documentation are analysis for users to efficiently use and understand the computer system on accounting packages.