Computers And Finance :: essays research papers fc

     Computers have made financial book charge much easier, and great deal no longer have to spend hours bring in investments or fee someone else to do their taxes. More everyplace, the advancement in technology has bothowed governments to cut dorsum on the number of life-size companies and employees hired to surgery tax returns, resulting in the saving of cardinals of dollars. Although these advancements are extraordinary, they are non without their shortcomings. The IRS has had increase trouble in footsteping fraudulent tax returns, and has had to revamp its spotting system.     The most move part of Microsofts current purchase of get the picture, the maker of the invigorate line of in the flesh(predicate) finance software was not the $1.5 billion price, which was cardinal percent over the market value (Schlender 14). It was not even the particular that Bill supply, Americas richest entrepreneur, is in a position to become Americas richest banker (14). The most move thing was that it did not happen earlier (14). For years Gates has had a dream of place "electronic commerce at the core of personalised computing," and now he finally has the software to accompany that dream (14). His creative thinker includes a " pocket edition PC" that can be carried around with raft at all times (14). Microsoft believes that it can provide what executive VP mike Maples refers to as a "whole spic-and-span value chain" that get out allow customers to interact by modem with banks, insurance companies, pension funds, etc. (14). whet is already cosmos used by six million quite a little to pay bills, pull off credit, write checks, and handle taxes (14). For those of you scoring at home, it has 5.2 million more users than Microsofts capital software (14). That is a prime reason that Gates basically precious to give up the merchandise and donate it to his adversary Novell (14).      Programs such as Quicken are excellent for keeping track of what is spent at home, but can be a big hassle for keeping track of the money spent on fear trips (Baig 20). One focal point to solve the problem would be to carry a notebook calculating machine with Quicken on it, but as Edward Baig states "Its that not practical to boot up a laptop distributively time I step out of a taxi" (20). Intuit has released Pocket Quicken, a "Quicken Lite" for those who carry around digital assistants to help salve that problem (20). Pocket Quicken is built into the new Hewlett-Packard 200LX palmtop, the Tandy/Casio Zoomer PDAs, and the AST Gridpad 2390, but is not sold as a separate product just only (20).Computers And Finance essays research papers fc      Computers have made financial bookkeeping much easier, and people no longer have to spend hours tracking investments or pay someone else to do their taxes. Moreover, the advancemen t in technology has allowed governments to cut back on the number of big companies and employees hired to process tax returns, resulting in the saving of millions of dollars. Although these advancements are extraordinary, they are not without their shortcomings. The IRS has had increased trouble in tracking fraudulent tax returns, and has had to revamp its detection system.     The most surprising part of Microsofts current purchase of Intuit, the maker of the Quicken line of personal finance software was not the $1.5 billion price, which was fifty percent over the market value (Schlender 14). It was not even the fact that Bill Gates, Americas richest entrepreneur, is in a position to become Americas richest banker (14). The most surprising thing was that it did not happen earlier (14). For years Gates has had a dream of putting "electronic commerce at the core of personal computing," and now he finally has the software to accompany that dream (14). His i dea includes a "Wallet PC" that can be carried around with people at all times (14). Microsoft believes that it can provide what executive VP Mike Maples refers to as a "whole new value chain" that will allow customers to interact by modem with banks, insurance companies, pension funds, etc. (14). Quicken is already being used by six million people to pay bills, manage credit, write checks, and handle taxes (14). For those of you scoring at home, it has 5.2 million more users than Microsofts Money software (14). That is a prime reason that Gates basically wanted to give up the product and donate it to his competitor Novell (14).     Programs such as Quicken are excellent for keeping track of what is spent at home, but can be a big hassle for keeping track of the money spent on business trips (Baig 20). One way to solve the problem would be to carry a notebook computer with Quicken on it, but as Edward Baig states "Its just not practical to boo t up a laptop each time I step out of a taxi" (20). Intuit has released Pocket Quicken, a "Quicken Lite" for those who carry around digital assistants to help alleviate that problem (20). Pocket Quicken is built into the new Hewlett-Packard 200LX palmtop, the Tandy/Casio Zoomer PDAs, and the AST Gridpad 2390, but is not sold as a separate product just yet (20).