Miglena Trencheva
Pages: 3 – 8
ABSTRACT:
This report examines the developments in accounting science and in particular the implementation of paperless accounting. In today’s dynamic and globalized world, electronic documents – pointless to print and then post manually, are increasingly becoming the norm. Of course, the development of new technologies and the use of artificial intelligence support the activities of both accountants and managerial equity. Today, accounting of business operations without the use of specialized accounting software is unthinkable. When we think of the calculations we have to do manually, even with the use of a calculator, we immediately guess how much time, labour, and people will be needed. No one disputes these advantages of new technologies, but we must not forget that every coin has two sides. We will also look at the disadvantages of the introduction of paperless accounting. In this report, every accountant or company manager will be able to assess whether it is necessary for their company to make these investments, according to the company’s activity, document flow, etc.
Keywords: software, product, paperless accounting