Why Accounting Software has been bad for business!
Do you remember when computers started to become popular? All the talk about how people were to lose their jobs because of the increase of productivity with the introduction of the computer. There were even seminars to enable people to adjust to all the free time they would be having. Well that didn’t work out as planned. Computers can be a great asset however; it could be argued that computers are the biggest productivity stealer around.
The same can be said about accounting software in business. With the introduction of GST one of the benefits mentioned about changing from a manual accounting system to a computerised system was the fact business owners would know more about their business and would be able to manage their businesses better. Also, it was stated it would make it easier for their accountant. Generally, I have failed to see these benefits eventuate in many small businesses.