Every owner of a small business that has two or more employees can attest to the fact that keeping and processing accounting records can be painstaking and at times, inaccurate.
The key to having to having a successful and profitable business is to keep track of your business finances, knowing the financial standing and analysis of your business at any point in time. That way, you can have a snapshot of your finances and adjust your strategies (to increase revenue) and your expenditure (to check expenses). Another factor militating against business growth is fraud on d part of the employees.

Employees tend to overvalue sales invoices and undervalue sales records. Physical stock can also be stolen from the inventory without the knowledge of the business owner. Customers can also be supplied goods based on a fake invoice. Financial records can as well be intentionally recorded inaccurately for the personal gain of the employee.

With the ongoing technology trend in the world today, business owners have now turned to accounting softwares.
Accounting softwares have been in existence in the western world since the early 90s and started becoming popular in nigeria in early 2000s.
They are designed to seamlessly arrange your financial records and provide you with a report whenever you want it. Its so powerful that you don't have to do anything other than post your daily transactions on your computer. It has different user and security levels that help prevent fraud.