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For example when I first started working there A/P used a different system to process invoices then based off of those reposted they were entered into Oracle so that the Items would be charged to the correct GL account. Now we do A/P FROM Oracle and the invoices are processes from Oracle and the fund are immediately placed in the proper GL account...
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Now we do A/P FROM Oracle and the invoices are processes from Oracle and the fund are immediately placed in the proper GL account. We can also forecast now and print reports that comparers forecast versus actual and even compared to prior years. The way we keep track of and pay are taxes both payroll and sales taxes has even evolved due to technology...
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Effects of Technology on Accounting
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