E-Accounting or Online Accounting is new development in field of accounting. It means all your transactions will record in online server or data base, just like website or blog or web blog. But for opening or making accounts will uses login id and password. With the application of e-banking system, changes in accounting due to most accounting services by using the technologies such as the internet and mobile phones rather than registration of documents on papers. Thus, source documents and accounting records exist in digital form instead of on paper in electronic accounting system. It also helps business to keep their financial data and accounting software in a safe and secure environment, allowing real time access to authorized users, irrespective of their location or computing platform. This paper is based on the basic concept of E-Accounting and features of electronic accounting, advantages and its disadvantages and finally its conclusion.
Accounting, E-Accounting, Accounting Information Technology
