Computer Applications

Computer Applications

1. Banking

Banks use computers for general purpose computations, to maintain ledger, to handle transactions, to make entry in passbooks, to issue fixed deposit receipts, to provide online service to customers who want to perform bank regarding their balance etc. For all these purpose, there is a central computer (a server) which processes all the data from different terminal computers. These days banks also provide the ATM service to the customers. A customer with the ATM card can perform a cash transaction immediately with the ATM machine by inserting card in it.

2. Commercial enterprises

Many business companies, either large or small use computers to help in the control of daily activities. Some of the more common uses are:

(a) Employee records

All organizations keep records of their employees. An employee record normally contains information such as name, address, telephone number, ptersent job classification, date of the appointment, contract period, salary scale or rate of pay, allowances, deductions, salary paid to date, taxes deducted to date etc. Using a computer, it is a simple matter to store,retrieve and update information concerning employees. The most frequent use of an employee record is in payroll processing.