Category: Accountancy ls-16

Imagine two accountants working for the same business. The first accountant records every transaction by hand, adds figures manually, posts entries into ledgers, and prepares financial statements using paper records.

Imagine an office where thousands of calculations must be completed, records organised, and reports prepared. The staff has only a few hours, but the work could take days by hand.

A business transaction may begin with something as ordinary as buying a notebook. But for an accountant, that purchase creates information that must travel through a system before it becomes