Do you really think Is bookkeeping a dying profession? If you really do, so probably you are living outside the world right now. Bookkeeping is an ancient profession, no doubt about that. There is a trace of bookkeeping history for about 7000 years back so that many people may think bookkeeping is a dying profession. But the scenario is getting different from previous, nowadays, the popularity of bookkeeping is rising on high.
At first, it was not easy for everyone, but eventually, structured accounting has paved the way for others. Nowadays, people are more interested in technical accounting rather than manual accounting. As bookkeeping is an integral part of accounting and somehow accounting software covers the bookkeeping portion, people tend to use an accountant as a bookkeeper. Though their roles and professions are not the same, and they don’t get the same amount of money, one has replaced the other in certain ways.
Many people think bookkeeping is a dying profession, But that is not the case. The only thing that is happening is evolution. Once Upon a time, bookkeeping and accounting both were manual. As time is progressing, these are digitalized. In order to survive as an accountant or as a bookkeeper, you have to
adapt yourself to the new digitalized era. The pattern of bookkeeping is changing as software is replacing the calculations.
We suggest you know more about bookkeeping as well as the importance of bookkeeping so that idea about bookkeeping will be obvious to you.
So a question may arise in your mind that how will you survive? The answer is very simple. You have to make yourself familiar with the digitalized solutions. If you are used to manual input of bookkeeping, now it’s your time to educate yourself with software. People might think that you will lose your job, but the case is different.
By being able to use software, you can actually work faster. The calculations required in the calculator earlier could be done within seconds. your employer will be happy with you. So in a sense bookkeeping is not a dying profession but an evolving one.
How can you be familiar with such kind of software? You have to make time for yourself and invest that time in learning the software. There are so many YouTube videos of how to use that software. All you have to do is watch them and make yourself educated. We all know learning has no age, so it’s
better to make yourself a student again rather than losing your job.
Another thing is software cannot replace judgmental decisions. Whenever there is a judgmental call on any bookkeeping entry, you need manual interpretation. And manual interpretation can only be done with a human. So make your basics about bookkeeping strong.
If you are running a bookkeeping firm, you also need to adapt to the change. Most of the farms of today’s world are taking enthusiastic and clients who are availing bookkeeping services are also interested in having a digitalized system. so if you want to keep your bookkeeping firm running you
need to be the market leader in adapting tech-based services.
Such education should not be a one-way try. Both its seller and user must learn about the change. So when you are arranging workshops for your employees, you must arrange awareness development workshops for your clients too. They must know about the change beforehand. So arrange seminars for them and let them know that you are the market leader in tech-based bookkeeping.
The above-mentioned scenarios prove that bookkeeping is evolving day by day. But this evolution is taking on rapidly. Most of the bookkeeping firms are now turned into consultancy firms. The only reason behind that is, bookkeeping is no longer a single service that should be served separately. Rather, it comes in a package where a consultant must advise you about how to do the bookkeeping, how to do the accounting, and how to manage all the financial decisions of your business.
Bookkeeping that was used 100 years ago is no more alive. But modern bookkeeping is definitely alive. If you can make your digital presence felt by your clients, You can certainly keep your bookkeeping business running. After reading this article, it is evident that bookkeeping is not a dying profession rather, it is an evolving profession.
