International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064

Downloads: 4 | Views: 34 | Weekly Hits: ⮙2 | Monthly Hits: ⮙3

Research Paper | Computer Science and Information Technology | United States of America | Volume 13 Issue 3, March 2024

Enhancing Journal Accounting and Month-End Closing Processes through AI: A Comprehensive Analysis

Shreekant Mandvikar [4] | Manoj Kumar Vandanapu

Abstract: The advent of Artificial Intelligence AI has paved the way for significant advancements across industries, with the accounting sector witnessing substantial transformations. This research paper delves into the impact of AI Actions on journal accounting and month-end closing processes, highlighting the automation of routine tasks, reduction of errors, enhancement of efficiency, and the facilitation of real-time financial insights. Through a detailed analysis of AI Actions capabilities, this study demonstrates their pivotal role in revolutionizing traditional accounting practices, thereby allowing professionals to allocate their time to more strategic functions. The findings underscore the necessity for organizations to adapt to these technological advancements to achieve operational excellence and maintain competitive advantage.

Keywords: Artificial Intelligence, Journal Accounting, Month-End Closing, Process Automation, Operational Efficiency

Edition: Volume 13 Issue 3, March 2024,

Pages: 1717 - 1719

How to Download this Article?

Type Your Valid Email Address below to Receive the Article PDF Link

Verification Code will appear in 2 Seconds ... Wait