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Posted by S.M. Serba on October 16, 2006, 3:01 pm
Please log in for more thread options One of the chapters is on exactly that subject. I called the section:
"Does having accounting mean you know what you're doing?
Frankly, it doesn't. I've seen tons of messes which have required a
great deal of time and effort on the part of myself and others to clean
up and correct.
Like a woman who was the "bookkeeper" for a local home improvement
company that "trained" my client on MYOB. She said that my client did
not need to post the invoices she was given by her husband (client
invoices created in MS Word) until they were paid. Some as long as 5
months later. She was effectively running her hubby's 1/4 million
dollar a year drywalling firm like it was a cash-based enterprise.
No, just because you have software doesn't make you the least bit
knowledgeable about what you're doing.
Stephanie
scfundogs wrote:
> > Tara, have anything to contribute?
>
> I'm just a bookkeeper who still learns something new here and there. I'm
> taking online accounting classes to brush up on my foundation skills because
> I've found that years of using bookkeeping software have mostly eliminated
> the need to think a transaction through vs just tabbing through a screen.
>
> That situation may be worth a mention regarding the way programs like QB,
> MYOB, Peachtree can create a false sense of bookkeeping know-how. People
> with no bookkeeping background, who get their start in bookkeeping via
> software, probably don't have a solid understanding of accounting
> fundamentals because the software thinks for them.
>
> --
> Tara
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