Impact of technology on accounting
In the whole world, there is a generalized business model to
keep the accounts of companies. SMEs: A freelance accountant or a small
accountant company receives a copy of ALL the transactions made by the client
company, and then in a computerized accounting tool (An "accounting
package" or "accounting software" ), records such movements and
processes accounting with all its reports. After a period of time (typically
delayed), the accountant presents his client with such reports.
This model is nothing more than the technological evolution
of what some years ago was called "Service". And the model has been basified
and reigned for years, to the point that many believe it is the only
alternative to keep accounting when you do not have an own accounting department.
However, this is not so. There are alternatives. Moreover, thanks to
technological evolution and the use of new and cheaper software tools, the
model has already begun to disappear in the first world and probably, sooner
rather than later, will also disappear in developing countries like Colombia.
This article aims to help accountants understand that it is preferable for them
to take the first step in model change, before their clients do and decide to
work with those accountants who offer better technology, faster access to
information And better tools. The one who "hits first hits twice",
says the saying!
It can be undoubtedly said that technology has only made accounting better day by day, and check stub creator is the proof. Who will not want to create a pay stub for FREE?
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