EDP (Electronic Data Processing) System refers to the use of computerized methods to process commercial data. This method uses moderately simple, recurring activities to process huge volumes of equivalent information. The term EDP is said to have evolved from ‘DP’ (data processing).
Electronic Data Processing System (EDP System) for Materials Received and Issued: The preceding description of invoice approval and payment was for a manual operation performed by an accounts payable clerk or an invoice clerk. In an electronic data processing system (EDP system), the computer–to