Manual system

A manual system is a bookkeeping system where records are maintained by hand, without using a computer system. Instead, transactions are written in journals, from which the information is manually rolled up into a set of financial statements. These systems suffer from a high error rate, and are much slower than computerized systems. Manual systems are most commonly found in small enterprises that have few transactions.

Related Courses

Accounting Controls Guidebook 
Accounting Procedures Guidebook 
New Controller Guidebook