Versus

100%

Digital Accounting.

Digital Accounting.
This is the type of accounting that is done by making use of accounting softwares. Technology has made it easier that just by putting the figures, you have the results that you want.

Pros
  1. Fast
  2. Effective
  3. Easier.

Cons
  1. Software may malfunction.
  2. Not easy to have access to the software.

Supporters

ajahcuizon

Digital Accounting

I would go with this because it is faster and convenient than book keeping. Also, you don't have to get stressed because of finding and carrying a lot of files. In digital accounting, you can just carry a flash drive wherein all your files were inside of it.
Posted by ajahcuizon on 12-10-2018
theresajane

This one.

I have seen some people especially from where I work do the bookkeeping and it's a very tiring process. They become stressful and an error can lead to another error. So, I'll prefer digital accounting. It's automatic and causes less problems.
Posted by theresajane on 12-11-2018
GeorgeDr

Technology all the way

Even though I kind of like the hard copy idea , digital accounting is much too practical and fast to not take it into account (pwn intended). You can easily correct mistakes and actually find something that you are looking for.
Posted by GeorgeDr on 12-11-2018
burgosmichael2407

Faster and easier

Book keeping is not an easy task. you really have to be very careful in your computations and record keeping. I choose digital accounting because it gives so much convenience for the work of an accountant. However, you really have to be very careful because sometimes software and programs may not function properly so better to always check it and have a back up for your data.
Posted by burgosmichael2407 on 12-17-2018
kaushikangara

Digital era

Gone are the days when books were used to write the accounts of day to day transactions. Digital is the new trend now. It will stay in the system forever and all the details can be retrieved with a button click.
Posted by kaushikangara on 12-10-2018
pencilneckgeek

To the future!

I would say Digital Accounting would be the way to go. The work can be done faster and much more accessible. In this digitized age that we live in, we need to keep up with the times or else be left behind. Just make sure you have multiple back up copies in case of a software malfunction.
Posted by pencilneckgeek on 12-10-2018
Yumyan

Safe

If you were to use the digital way, there's more chances of you not losing your data since you can always have back up whenever, unlike the hard copy wherein it could get damaged or wet and there's nothing you could do to recover it unless you have to restart all over. The digital way allows you to have a cleaner work space as well.
Posted by Yumyan on 12-12-2018

0%

Book keeping.

Book keeping.
Book keeping is that form of accounting that is done on paper as accountants always make use of the data that they have collected to record the accounting details.

Pros
  1. Easy access.
  2. Hard-copy

Cons
  1. Mistakes may occur.
  2. Stressful to compile.

Supporters

No votes have been made, be the first!

Comments

Alymae
This two should come together. I still think that it is better to have a copy on paper and not only on the computer. It would be bad if there is a malfunction and ended up destroying the files you have.
Posted by Alymae on 12-10-2018
pencilneckgeek
There are companies that utilized both mediums but I would argue that you can just have multiple back up copies of your files. If you can safely store it on multiple servers and on the cloud then a malfunction would be the least of your worries.
Posted by pencilneckgeek on 12-10-2018
Vinsanity
I agree with you. This is to ensure that there are backup files or logs which can be retrieved in case of there is a power shutdown or files being corrupted in the computer in case there are viruses.
Posted by Vinsanity on 12-11-2018
luv2xacosta
Digital accounting is very convenient to use. We have high technology these days so why not make better use of it.
Posted by luv2xacosta on 12-10-2018
theresajane
I'll go with something that has less problems and more convenient, digital counting. But, if I don't have the time or do it myself anymore, then, I'd hire a book keeper.
Posted by theresajane on 12-11-2018
nekonieden
I prefer digital accounting as it's more easier and faster. If you use the traditional way then it's more hassle and it hurts your hand as you will have to write letter by letter and you have to put a lot or input all the numbers that should be written in the file.
Posted by nekonieden on 12-11-2018
Corzhens
From what I know bookkeeping is the procedure of logging the transactions into the ledger. That is a procedure to see if the transactions are in balance with each other that is debit and credit. It is not easy to define the terms but it’s all about the incoming and outgoing money or assets. The accounting software is a complete one that can handle all the procedures involved in the accounting system that includes bookkeeping.
Posted by Corzhens on 12-12-2018
gutzman
i think digital accounting is more viable than book keeping as long as have the back ups and all that. Digital files can be corrupted or deleted easily which makes a book more secure as log as you won't misplace it. Anyway it is also easier to edit using digital accounting compared to book keeping.
Posted by gutzman on 12-16-2018