According to Nick Gholkar, Accounting Apps Make Conducting Business Easier

Nick Gholkar, an accounting student, comments on the increase in popularity of accounting apps found on smartphones.

May 08, 2013, 06:00 ET from Nick Gholkar

KANSAS CITY, Mo., May 8, 2013 /PRNewswire-iReach/ -- Nick Gholkar, who is an accounting student, is issuing comment on the development of accounting apps for smartphones. A new article explains that mobile users are becoming increasingly dependent on their compact and convenient gadgets, and have begun to use them for professional purposes. Research firm Strategy Analytics notes that the number of active smartphones topped one billion in 2012, and that many of these smartphone owners have begun to turn to their cell phones to accomplish basic business tasks.

Some of these programs are able to provide real-time reporting of employee work and related costs. Companies are now providing mobile solutions for smartphones and tablets. This includes QuickBooks, which is the top accounting software solution among small businesses. QuickBooks Mobile is now available for the iPad, iPhone, and Android. The app enables a professional to view customer information, send invoices, and mark invoices as paid. The data entered into the mobile app is then able to get synced with a person's desktop. Microsoft Office has since created a similar application, which allows an individual to create, open, and edit Excel workbooks.

Nick Gholkar comments on these developments stating, "In our increasingly mobile world, this kind of access is important for business owners. They can hold meetings and respond to e-mails on the go, so it's important that they can also tend to company affairs while they're away from the office too. These types of programs make it even easier for an individual to stay on top of business developments, thus ensuring that a company thrives."

While these apps prove useful to professionals, there are still some limitations when it comes to the technology. For example, Excel Mobile is unable to support all of the functions that come with the version of Excel found on a desktop or a laptop. The content that is not supported by the mobile program is unable to get displayed or edited on a phone, which may limit the functionality of the app. The fact that the app works on a smaller cell phone screen may also make it more difficult to view and edit larger documents.
However, a professional can work around these issues by just relying on mobile apps to handle simpler tasks. As a general rule, most individuals use the mobile app only to enter employee information anyway. These features are easily handled on a smartphone, thus making the apps useful for many professionals.

Nick Gholkar comments on this stating, "These apps certainly cannot replace laptops and desktops in terms of usability, but the new programs will make it easier to complete simple tasks on the road." Nick Gholkar encourages business professionals to look into these mobile apps as a way to make overseeing an organization easier.


Nick Gholkar is a junior at the University of Missouri Kansas City where he is studying accounting. Nick dreams of working in private equity, specifically handling mergers and acquisitions. Nick was named to the Dean's List, and recently spoke at a Beta Alpha Psi regional meeting. This group is an accounting society. His talk centered on bringing minorities and underprivileged students into the world of accounting.  

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