AI enabled mobile expense tracking for sole-proprietor businesses
Accounting is a vital function for any business, as it helps to track the financial performance and position of the entity. However, accounting today has become ever complicated than before, due to the increasing complexity and diversity of business transactions and regulations. While large busin...
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| Format: | Final Year Project |
| Language: | English |
| Published: |
Nanyang Technological University
2023
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| Online Access: | https://hdl.handle.net/10356/171988 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Accounting is a vital function for any business, as it helps to track the financial
performance and position of the entity. However, accounting today has become
ever complicated than before, due to the increasing complexity and diversity of
business transactions and regulations. While large businesses use accounting
software for their accounting, such systems are too complicated and expensive
for small sole proprietorship businesses such as hawkers and freelancers, who
often have limited resources and time to manage their finances.
To tackle this problem, this project would focus on developing a modern mobile
application that would assist small businesses in tracking their finances using
Artificial Intelligence (AI) technology. The application would leverage the
power of AI to automate and enhance various aspects of the expense tracking
process such as expense tracking and data analysis. By doing so, the application
would reduce human errors and increase accuracy and efficiency in accounting
tasks. |
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