Using a computer for accounting purposes can greatly reduce the time needed for finalization of accounts. There are also many computerised accounting packages available like Tally, Busy or Quickbooks. However using a computer or these packages can be a frustrating experience for some users for a number of reasons:
1.If the same computer is used for accessing the internet, it is very likely that unknown individuals will misuse the internet connection to access the accounting information without the knowledge or permission of the computer user. Financial information is highly confidential and can be misused by blackmailers and extortionists to destroy the life of the person concerned. It may also be leaked to competitors who may use it against the business owner.
2. Most models of laptops available today can be hacked by using bluetooth/wifi connections (a backdoor which laptop owners find difficult to trace) and the data can be accessed remotely without the laptop users knowledge or permission.
3.In some cases, the hacker will remotely uninstall the spreadsheet program installed like MsExcel , which is used for accounting purposes and maintaining records.
4. The keyboard for the laptop will be disabled remotely or corrupted, forcing the laptop user to get a new keyboard which costs Rs 1000 – Rs 1500 . The laptop user also faces booting problems intermittently while using the laptop.
5. Just before the tax payers files returns, all the accounting records on the computer are deleted remotely by anonymous hackers. Backups may also get corrupted, so the user is forced to generate all the records again, which is a very time consuming process.
Small business owners who are a takeover target for larger companies are usually a major victims of these hackers. These business owners are usually short of time, so they will chose a method which will take the least time under the circumstances and some may prefer to use the computer as a glorified typing machine, just for writing articles.
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