![]() These functions will slowly diminish in the coming years and may even become obsolete, as most of the tasks will be handled by bookkeeping software While most businesses will still need a bookkeeper to keep the books, bookkeeping will become a lot more than just data entry, balancing bank ledgers, and reconciling bank statements. At the same time, bookkeeping software is now capable of generating financial statements which were earlier part of the accounting process It is interesting to note that with the advent of accounting and bookkeeping software, some parts of accounting are being slowly absorbed into the bookkeeping process. The line between accounting and bookkeeping is slowly diminishing.
0 Comments
Leave a Reply. |