It is fairly safe to say that accountants and bookkeepers alike are obsessed, or at the very least are over concerned, with the need to know what was originally recorded, what it’s current status is and what, when, where and how it was changed at each and every stage of it’s existence.
The approach of other bookkeeping software is not to permit changes to the original transaction and amends can only be made by adjustment. As a result there can be umpteen entries recorded for one single entry each adjusting the former. This often creates a series of difficult to understand entries which fail to add clarity or accuracy.
We took a conscious decision within the design of Speed-e-books to move away from the audit-trail approach to record keeping. With our bookkeeping spreadsheet software you can simply over-type as many times as you wish to change and adjust any entry within the system. Any requirements to record data entry changes can be made by sequential file back-ups to archive the progression of information.
The ability within Speed-e-books to change data entered onto the system simply by over-typing saves valuable time and makes for far cleaner reporting.
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