Data Validation

Data Validation (Definition)

Data validation is the process of ensuring that a program operates on clean, correct and useful data.

Key aspects of data validation include:

1. Helps maintain data accuracy and integrity in accounting systems
2. Involves checking data for correctness and meaningfulness before processing or storage
3. Can include range checks, format checks, consistency checks, and uniqueness checks
4. Crucial for preventing errors in financial calculations and reports
5. Often implemented through input masks, dropdown lists, or automated validation rules
6. Supports compliance with accounting standards and regulatory requirements
7. Improves overall data quality and reliability of financial information

Effective data validation is essential for ensuring the accuracy and reliability of financial data and reports generated by accounting systems.