The machines, which make ledger posting, balancing of ledgers, preparation of profit and loss account and balance sheet, are called bookkeeping machine. When the typewriter is fitted with device of addition and subtraction facilities, it is called an accounting machine. Different types of accounting machines are used and the main uses of accounting machines are

(a) Posting of transactions from the books of prime entry called -journal and cashbook.

(b) Transfer from one set of accounts to another set.

(c) It facilitates preparation of ledger accounts and balancing of ledger.


(d) Preparation of final account.

(e) Preparation of pay rolls.