At the SMB scale accountants are mostly paid to coach/pester/goade the employees to hand in the necessary paperwork in time. The accountants job is relatively quick from there on.

Taking a corporate accounting course was required for my degree. It was also a fantastic investment because I’ve managed to avoid needing to hire an accountant or bookkeeper to setup or maintain my books. I’ve migrated between multiple accounting systems on my own just fine, starting from posting migratory opening entries manually.

From there I just had to create a few rules and add a custom reconciliation model for things like the cash back card my company uses. There’s some data entry but it’s all extremely straightforward. Not really a job for AI in the best of times.

What was particularly useful was being able to map my revenue and expense cycle onto accounts that actually make sense for my business and maintain compliant reporting.

I just have a CPA who specializes in taxes and is an EA with the IRS do my return for me each year for only about twice the cost of doing it myself with another application. I find that totally worth it because she can use decades of experience to inform advice that she provides.

And I don’t even have to wonder if she is confidently incorrect.

> At the SMB scale accountants are mostly paid to coach/pester/goade the employees to hand in the necessary paperwork in time.

The perfect job for AI.