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It seems odd that accounting would even need AI. At the core it is fairly basic math.
by osigurdson 2y ago
It seems odd that accounting would even need AI. At the core it is fairly basic math.
- r0ckarong 2y agoAt the core of programming are some very basic reading skills.
- osigurdson 2y agoProgramming often requires creativity, while creativity in accounting is an anti-pattern. I'm not suggesting that programming > accounting. Who can say in the future what skills will be valuable?
- pintxo 2y agoThe trick is to get reality mapped to your ledger. Someone has to make a decision into what account a given transaction has to be recorded to. Which depends as much on tax law as it depends on expected business practices.
- osigurdson 2y agoAre the rules not known however? I suppose the accounting system could always provide some background and ask someone to make the decision. If that decision can be represented a set of unambiguous rules the accounting system could make its own decision.
- pintxo 2y agoThe keyword is unambiguous here. Most rules have quite some leeway for the accountant/management to choose from.