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accounting machine

   Also found in: Wikipedia 0.01 sec.
accounting machine
An early office machine used to compute and prepare invoices and payroll, etc., using magnetic stripe ledger cards or punch cards.

Accounting Machine System
The IBM accounting machine (left), keypunch and sorter (right) were the main ingredients of a punched-card data processing system up until the late 1960s. After keypunching, the cards were sorted into account number sequence, and the accounting machine printed the details and accumulated the totals. (Image courtesy of International Business Machines Corporation. Unauthorized use not permitted.)


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I worked somewhere else and ended up getting made redundant by an accounting machine.
Most accounting companies at the time used software that ran off a big mainframe or used accounting machines," he says.
In 1934 IBM had built the first accounting machines for banks but in the Depression years, no bank wanted to buy the machine.
 
 
 
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