The application of computer in various disciplines has removed a lot of the problems encountered in the use of manual system in the various fields.
In recent years, Standard Trust Bank, Enugu, has been using the manual system recording customers credit account records which has brought about some set backs in achieving the goals of the new system.
In this project, I have analyzed the manual system and have identified some of its problems and limitations. These problems seem to hinder the realization of the goals of the existing system.
With respect to this, I have designed a Computerized Accounting System to help in minimizing some of the problems inherent in the manual system.
The new system reduces errors, operational difficulties and so on, thereby increasing public services and competitive effectiveness and profitability.
In the twentieth century, the banking world has seen a continuing progress toward fully computerized operations. At the start of the century there were few mechanical aids with all ledgers, passbook and account statements being written by hand. By the 1970s the banks and graduated to mechanical accounting combined with an increased in business, this trend toward mechanization was a continuous process, the staffing and expansion difficulties were tackled more forcibly in the 1950s with assistance from electronic data processing techniques. It was in this period that banks ordered their first computers.
The early installations were of a batch processing nature for data that had to be sent for processing at the computer center and reports produced. Throughout the 1960s more of the clerical work was computerized and eventually by the end of 1960s all accounts were computerized.
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