Installing & Revising Accounting Systems

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The installation and revision of an accounting system requires a complete knowledge of a business operation. The following steps are necessary when installing or changing an accounting system.

1. Systems analysis: this stage determines data needs, the sources of data and any problem in processing current data.
2. Systems design: this stage involves designing new or revising current accounting systems based upon the results of the systems analysis.
3. Systems implementation: this final stage installs and evaluates the new or revised accounting system.