The best applications of AI are currently being utilized by almost all industries. Along with other sectors ChatGPT has become so proficient in the accounting sector that days’ worth of work can now be finished in minutes. ChatGPT can assist accountants in general tasks like data analysis, addressing issues related to finance, easy examples to teach clients about complex finance concepts, and many more. Boost productivity with ChatGPT top three prompts.
These tools are so good at seeing patterns, addressing issues, and using data to automate human operations.
Here are prompts for references (Boost Productivity with chatGPT tailored for Accounting task);
- Please create a checklist for closing the books at the end of the fiscal year.
- Please generate a template for a monthly financial report for a small to medium-sized business.
- Can you Please describe the process for calculating depreciation for company assets using the straight-line method?
Click here to see the result generated by ChatGPT;