Improvement of organization and automation of commercial enterprise electronic money accounting in conditions of economy digitalization

Abstract

In the conditions of digitization of the globalized world economy, Ukrainian enterprises have an informational request for methodical recommendations regarding the technique of conducting and computerized accounting of electronic money payments, which are an innovative form of settlement transactions. The purpose of the study was to form actual methodological recommendations regarding the organization of automated accounting of payments in electronic money at the enterprise, as well as to justify the choice of the necessary software product for this purpose. To achieve the goal, the method of morphological analysis, comparative and critical analysis, system-structural approach, bibliographic method was used. Ukrainian enterprises are suggested to implement accounting work with electronic money in two successive steps. The transformations that will take place in the accounting work for settlement transactions of the enterprise in the case of the introduction of national digital currencies are substantiated. The technological possibilities of using neural networks for processing arrays of data regarding electronic money calculations carried out in payment systems are explained. It has been proven that, according to the forecasted trends, it is expedient for Ukrainian enterprises to switch from local accounting software products to the use of cloud services. Functional capabilities of 12 cloud-based software solutions popular in Ukraine for automating accounting and analytical work were analysed, from the point of view of the possibility of computerized accounting of settlement operations in electronic money. The advantages and disadvantages of individual SaaS services are explained, and the expedient ones are recommended for use. Recommendations were made to adjust the Order on accounting policy, following the scheme of organizational and procedural measures developed in the work. It is proposed to assess the compliance of the existing accounting software product with management information requests that arise when using electronic money to make payments. The recommendations were developed on the basis of a detailed study of the prospects for the further popularization of electronic money. The study is of practical interest for Ukrainian enterprises that involve in their business innovative payment solutions in the conditions of rapid digitalization of the economy.