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without knowing manual accounting , only knowing tally software basis accounting , any one can able to solve accounting critical problem in accounting department ? is it harmful for company or not ?
What do you mean? Software accounting has always been a cost effective, fast and reliable tool in doing accounting jobs. Manual accounting is archaic and not applicable to big corporations.
ya u can solve accounting problem but the concept behing solving problem you can never knw unless you have manual knowledge about it..
With the growing rate of business operations & volume of business transcations manual accounting prooves not able to produce uptime reports,and are vulnerable to alot of human errors,hence the need of software accounts for ease & uptime production & generation of accounting reports.
Irrespective of the nature of problems, it needs the brain of an employee to figure out an issue and fix it with a solution. Theoretical and conceptual knowledge is a mandatory requirement in accounting in order to have a professional approach to work, either in manual or software based. A software is a programmed tool and it can only provide raw data or reports and it doesn’t have any artificial intelligence to solve a problem. But a software package or an advanced ERP is quite preferable based on the nature, size and operations of the company.
With the intervention of more and more technology in the accounting industry, the concept of manual accounting is almost a history now. Under such circumstances, yes the critical problem can be resolve with more accuracy.
Even though most of the company's are using modern technology to maintain the accounts, the basic principal of the accounts is yet the same what it were in the regime of manual accounting system.
It is only the presentation of the accounts have changed where as the principal of the accounts remains the same, and therefore any critical accounting situation can be resolved using the modern accounting technology.
In fact, accounting software can be used to facilitate the life of an accountant to input figures & the outputs are to the aacountant's reuirement.Secondly,problem is not constant in every company,therefore manual accounting along with accounting software(if the knowledge input by the expert is relevant to the problem) can solve it.Man knowledge, nobody can steal it except sharing of knowledge.
It is true that without accounting knowledge only software basis accounting can not be able to solve critical problem in company.
Accounting knowledge and accounting education is must to use software basis accounting.
Without having the mannual knoweldge of accounting, your concept will not be clear about accounting terminlogy. Therefore from my personal point of view, Its not possible to sove the problem only through system without having mannual knowledge.
