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POOR UTILIZATION OF AUTOMATED ACCOUNTING SYSTEMS

Poor utilization of an accounting system is often related to lack of training. Accounting systems are designed to record every business transaction, and when used correctly, they can generate important strategic reports that will help management make important decisions. Regulatory requirements and internal administration policies are key considerations in the design of an effective accounting system. Thus accounting systems show the books, records, voucher, files and related supporting data resulting from the application of the accounting process. It involves the design of documents and transactions flow through an organization. However, when the accounting system is inadequately utilized,

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