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Automated bookkeeping7/1/2023 ![]() ![]() Humans had to enter data in spreadsheets and computerized account books. These early programs didn’t automate anything. Accounting professor Richard Mattesich worked out the principles of spreadsheets in the 1960s, though it would be more than a decade before computer improvements made them practical. In the 1950s, General Electric became the first company to do its payroll on a computer. In the 1800s bookkeepers embraced the mechanical adding machine, the pocket calculator of its day. Given the masses of figures CPAs deal with every day, it’s no surprise that accounting has always been on tech’s cutting edge. If you’ve wondered, “can accounting be automated?” the answer has been “yes” for a long time. By handling tedious, time-consuming tasks, automation frees up accountants to provide financial advice, projections and analysis. That frees up human accountants for higher-level analysis.Īccounting automation software takes over routine accounting tasks from human bookkeepers such as manual data entry, bank statement reconciliation, and financial reports. When you automate accounting with software such as Accounting Seed, routine accounting tasks get done faster and more accurately. In the 21st century, computers and software can do more with numbers than a human ever could, and do it faster. ![]() A hundred years ago when someone said “computer,” the word meant a human whose job involved crunching numbers. ![]()
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