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Revision Notes

Computerised Accounting Softwares

ICSE · Class 11 · Accountancy

Quick revision notes for Computerised Accounting Softwares — ICSE Class 11 Accountancy. Key concepts, formulas, and definitions for last-minute revision.

65 questions32 flashcards5 concepts

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Key Topics to Revise

1

1. Meaning and Need for Accounting Software

  • Accounting software is an integral part of a computerised accounting system.
  • The most popular accounting software used in India are Tally, ERP, Busy and Ex.
  • The need for accounting software arises in two situations: replacing manual accounting with computerised accounting, or changing an old computerised system with an updated or totally new one.
2

2. Types of Accounting Software

  • There are three main types of accounting software: ready to use software, customised software, and tailor-made software.
  • The choice of software depends on suitability to the organisation and its accounting needs.
  • Ready to use software is available on-the-spot and is easy to learn.
3

3. Ready to Use Software: Features, Advantages and Disadvantages

  • Ready to use software is easier to learn.
  • Its cost of installation and maintenance is low.
  • The number of users is limited.
4

4. Customised Software: Features, Advantages and Disadvantages

  • Customised software means making changes in ready to use software to suit specific user requirements.
  • It is user specific.
  • The cost of installation and maintenance is high because a high cost is paid to the vendor for customisation.

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Full Notes

Key Concepts

Accounting software is used for accountingThe need arises in two situationsAccounting software available onCustomised software means making changesTailor

Frequently Asked Questions

What are the important topics in Computerised Accounting Softwares for ICSE Class 11 Accountancy?
Computerised Accounting Softwares covers several key topics that are frequently asked in ICSE Class 11 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Computerised Accounting Softwares — ICSE Class 11 Accountancy?
Understand the core concepts first, then work through the 65 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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