Accounting automation
In one sentenceThe system creating journal entries, adjustments and reports automatically from the operations themselves, instead of the accountant entering them by hand one by one.
Simply put
With automation, the invoice, the voucher and the monthly depreciation entry create their own journal entries. The accountant's role shifts from data entry to review and analysis.
The result: less time, fewer entry errors and a faster month-end close. But the initial setup matters: a correct chart of accounts and linking each type of operation to its accounts.
Worked example
A business issues 600 invoices a month, and entering each invoice's journal entry by hand takes two minutes.
Monthly invoices600 invoices
Manual entry time per invoiceTwo minutes
Monthly time600 × 2 = 1,200 minutes
Time saved by automation = 1,200 ÷ 6020 hours a month
Don't confuse it with
Enterprise resource planningAn ERP is the whole system, and accounting automation is one of its results when operations are linked to the accounts.
in FullScreen ERP
In FullScreen ERP every invoice and voucher creates its journal entry without intervention, and the periodic depreciation entry for assets is posted to the general accounts without manual entry. General accounts