I'm no expert in this area, but I do know accountants, Google can direct you to posts like this Quora thread [1] and while people usually don't accept this as a

I'm no expert in this area, but I do know accountants, Google can direct you to posts like this Quora thread [1] and while people usually don't accept this as a valid argument, a method that is to this day still widely used from small to huge businesses, seems IMHO to require more than just a "It made sense [...] but not in times of computers"-statement. Also on the whole topic of running a business, you're honestly better off just hiring an accountant to do the work for you, so you can really spend time on your core business. [1] https://www.quora.com/What-are-the-merits-of-double-entry-system https://www.quora.com/What-are-the-merits-of-double-entry-sy...