Paper Title

ISSUES/CHALLENGES FACED BY SOLE TRADERS WHILE USING ACCOUNTING SOFTWARE

Article Identifiers

Registration ID: IJNRD_220894

Published ID: IJNRDC001033

DOI: Click Here to Get

Authors

Dr. Sanjivkumar S. Agrawal , Sangeeta J. Jagia

Keywords

Abstract

Today's world is a world of Business and Accounting is a language of Business. Accounting is a process of recording, analyzing and reporting of all financial information systematically. Accounting can give clear picture of profit, loss, incomes, expenses, assets and liabilities of a concern. Initially Accounting function was performed manually by Accountants, by preparing Journal, Ledger, Trial Balance and Final Accounts, in order to calculate profit or loss. But Manual accounting was a tedious task and time consuming, as the number of transactions in a business are many, so to pass each and every entry again and again and store the records of same was becoming difficult for a concern. To overcome the difficulties of Manual accounting, the concept of Accounting Software was introduced. Accounting software is a computer program which helps accountants in recording, analyzing and generating reports of financial transactions of the business. Accounting software makes accounting easy and quick and less office space is required as all details are stored in computer. But it has been observed that many Sole Traders are still not using accounting software, they are continuing traditional manual accounting. In this Article, the study is conducted to find out the issues and challenges that are faced by sole traders when they tried to use accounting software. And to provide suggestions for the betterment and growth of sole traders.

How To Cite

"ISSUES/CHALLENGES FACED BY SOLE TRADERS WHILE USING ACCOUNTING SOFTWARE", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.9, Issue 5, page no.232-236, May-2024, Available :https://ijnrd.org/papers/IJNRDC001033.pdf

Issue

Volume 9 Issue 5, May-2024

Pages : 232-236

Other Publication Details

Paper Reg. ID: IJNRD_220894

Published Paper Id: IJNRDC001033

Downloads: 000121253

Research Area: Engineering

Country: -, -, India

Published Paper PDF: https://ijnrd.org/papers/IJNRDC001033.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRDC001033

About Publisher

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

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Call For Paper - Volume 10 | Issue 8 | August 2025

IJNRD is Scholarly open access journals, Peer-reviewed, and Refereed Journals, High Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool), Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) with Open-Access Publications.

INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (IJNRD) aims to explore advances in research pertaining to applied, theoretical and experimental Technological studies. The goal is to promote scientific information interchange between researchers, developers, engineers, students, and practitioners working in and around the world. IJNRD will provide an opportunity for practitioners and educators of engineering field to exchange research evidence, models of best practice and innovative ideas.

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