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Keystrokes are now taking the place of penciled in numbers. In today's fast paced world it is more beneficial for businesses to close their books for one month and move onto the next month in the quickest and most accurate way possible. The new accounting technology of today can do just that. It is more important for managers to be able to have fast accurate financial data at a moments notice than to poor over hand written reports and ledgers.
Imagine a huge corporation like Microsoft, Inc. with hundreds of offices throughout the world needing financial data at a moments notice. Today's desktops computers and with the innovation of the internet this information can be retrieved by all it's employees who need financial information for decision making to access detailed reports that are updated daily...
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