Artificial Intelligence in Automated Bookkeeping: A Value-added Function for Small and Medium Enterprises

Bookkeeping plays a vital role in dealing with records of day-to-day financial transactions from invoices until payment. It is also method documenting all company order to create collection accounting documents. Studies show that an evolution bookkeeping management manual record keeping electronic had simplified most burden bookkeepers as well more reliable and accurate. includes, particular, classifying items correctly entering details into system. However, the rise artificial intelligence, automated system common large businesses tasks at real time hassle free. The will function than just journal but decision-making tool any businesses. Despite benefits system, many small medium enterprises especially Malaysia still hesitate implement Artificial intelligence further improve making it simpler efficient for levels This paper presents Intelligence perspective methods used focuses on processes such Optical Character Recognition (OCR), document recognition, machine learning auto entries. Besides that, its challenges be implemented enterprise. result these studies highlighted process suit Malaysian enterprises. Future work look suggested features