![]() You have access to all the information you need, 24 hours a day. It is not the harbinger of doom for your business, but a tool you can use to improve your system. ![]() Cloud-based accounting makes bookkeeping much more efficient. Instead of fearing the impact of cloud technology, bookkeepers should be embracing it. The Books are Changing, and so are the Bookkeepers As a bookkeeper whose business model has revolved around data entry for literally thousands of years, the prospect can be quite scary.īut it doesn't have to be. We're living in the age of the paperless, mobile and global office, and there's little call for data entry or book-balancing. With Xero's cloud-based accounting software, accounting is becoming increasingly automated. Business owners want to be able to access their accounts anywhere in the world, from any device. More and more business owners are shifting their processes online, especially as smartphones and mobile technology are becoming increasingly intuitive and available. ![]() Just as the ancient token system gave way to more advanced methods, so too are we experiencing a paradigm shift in bookkeeping methodology. It is a Truth, Universally Acknowledged, that Desktop Accounting is Becoming Extinct Is bookkeeping becoming redundant?Įxample of ancient Babylonian accounts. But as more and more accountancy work is being automated, many bookkeepers are looking to the future with trepidation. Later, as kings rose to power, they hired "bookkeepers" to manage their stores and tax collection.īookkeeping has come a long way since those days, and has seen many changes and innovations to business. These tokens recorded the growth of crops and herds. The earliest accounting records date back 7,000 years, and were found in the ruins of ancient Babylon, Assyria and Sumeria. Bookkeeping is a proud and ancient profession.
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