Computerized Accounting System:- As the name suggest, in Computerized accounting system ,all the work is done with the help of computers . This means that various accounts are made by the computers & also the results are also interpreted by the computers.Instead of doing such mundane tasks of posting , totaling and writing same report with updated figure every time ,you just create the Ledger accounts and enterthe vouchers .You do not have to worry about tallying trial balance .You do nothave to key in hundreds of figure into your report .The computer gives you everyaccounting statement you need .It is the system in which all the works are done with the help of computers .Allwork can be done with the help of computers in a much more organized way, has also information is stored in the form of files but on disks & tapes . This helpis easy & speedy retrieval of information .In this the computer just gives the information to the computer or feeds the transactions in the computer accountingsoftware , it completed all works. The computerized accounting system is more useful .It is making its place very fustily in the business fields or you can sayin the business organization or all industries that prepares a/c ‘s .This systemsave precious thing that is time. Yes various works ,which are handled by it ,can be completed very fast & turn it saves our valuable thing that is time . So it has made our own place in the business. So the computer not only gives neatlyprinted error free accounting books and reports. It does a lot of difference inyour way of thinking about your business as you get the figures readily served in your plate.Process in Computerized Accounting System :-To process in computerized accounting system there are three steps:-1.Input Design2.Output Design3.File DesignInput Design :-Input design requirements for accounting system are given below :-A.Master Information .B.Receipts for each purchase ,sale transactions.C.Each payment transaction.Master information contains all information of quantity ,purchase price etc. & receipt for each purchase & sale transactions contains selling price , customer name , contains payment account , payment date & all information about payments etc.