3 Accounting Trends one should follow
Technology is the new face of any business. Without technology, businesses are lame nowadays. Few years back, it must have been difficult to find an accountant within an office because they were burdened under the stacks of books and papers! However, things have become easy now. Modern bookkeepers do not need piles of papers since all the transactional information is stored in the computer. With just one click, they can now get hold of the complete financial statement of the company. Are you planning to hire a new bookkeeper? Then, check out what's trending in 2020. Make sure that your accountant is aware of the same. Trend 1: No more data entry, time for financial advice It's time to put an end to the boring data entry and calculation process. Bookkeepers now need to adopt a hybrid strategy where they'll calculate and give financial advice as well. All these new technologies mean that the roles of the bookkeepers are changing. Decoding data and analyzing finan...