How are computers used in financial accounting?

In Financial Accounting the computer is invariably used in business to run the Bought (or Purchase) Ledger, the Sales Ledger and the Nominal Ledger. It might also run the Asset Register and calculate the asset depreciation. In Cost Accounting the computer will be used to calculate the manufacturing costs from a knowledge of the material, labour and overhead costs. Lastly the computer will usually be employed to calculate Wages and Salaries, and produce all the necessary paperwork and statistics.