I have an assignment which is called draft technology paper I will attached you my draft paper and the references can you go through and answer the file long question ? 1. Can you please go through section 4 recommended system selection and section 6 impact of technology advances and include in-text citation in the paragraph the references are listed below ? Section 4: Recommended System Selection? Ease of use and affordability: "QuickBooks Online Review: Is It the Best Accounting Software for Small Businesses?" by The Motley Fool ( https://www.businessnewsdaily.com/7544-best-accounting-software-small-business.html? Integration capabilities: "QuickBooks Online vs. Xero: Which Accounting Software Is Right for You?" by Forbes (2023), https://www.nerdwallet.com/article/small-business/xero-vs-quickbooks-online? Scalability and customization limitations: "QuickBooks vs. NetSuite: Which ERP Software Is Right for Your Business?" by G2 Crowd (2023;https://www.nerdwallet.com/article/small-businessetsuite-vs-quickbooksSection 6: Impact of Technology Advances? Robotic process automation (RPA):? "How RPA Can Automate Accounting Tasks and Save Your Business Money" by Gartner (2023), https://opinov8.com/5-ways-rpa-can-save-your-business-time-and-money/? "The Future of Accounting: How RPA Is Changing the Way We Work" by Forrester (2023), https://blog.accountingprose.com/the-future-of-1 accounting-how-rpa-and-al-are-revolutionizing-the-industry? Blockchain:? "Blockchain in Accounting: A Practical Guide for Businesses" by the Blockchain Research Institute (2023), https://www.researchgate.net/publication/359989946_Blockchain_in_accounting_practice_and_research_systematic_literature_review? "Blockchain in Accounting: Benefits and Challenges" by Deloitte (2023), https://originstamp.com/blog/advantages-and-disadvantages-of-blockchain-in-accounting/

Section 4 (Recommended System Selection): For the recommended PC-based accounting system to support your new system, I would suggest QuickBooks Desktop Accountant 2023. QuickBooks Desktop Accountant 2023 is a comprehensive accounting software that offers a range of features to effectively manage financial tasks. It is designed specifically for accountants and offers robust functionality for businesses of all sizes. Strengths of QuickBooks Desktop Accountant 2023 include: 1.User-friendly interface: The software provides an intuitive and easy-to-use interface, making it accessible for users with varying levels of accounting knowledge and expertise. 2. Comprehensive features: QuickBooks Desktop Accountant 2023 offers a wide range of features to support various accounting processes, including billing, collections, payments, reporting, and more. It allows for efficient management of financial tasks within a single system. 3. Extensive reporting capabilities: The software provides customizable reporting options, allowing users to generate detailed financial reports tailored to their specific needs. This enables better analysis and decision-making. Weaknesses of QuickBooks Desktop Accountant 2023 may include: 1.Regular updates: QuickBooks requires regular updates to ensure it remains up-to-date and secure. This may require additional time and effort from users to install these updates. Migration plan: To implement the solution, a recommended migration plan could be a direct cutover migration. This involves transitioning from the old system to QuickBooks Desktop Accountant 2023 in a single step. This approach is suitable when the organization is confident in the new system's capabilities and the risks associated with the transition are minimal, it allows for a quicker adoption of the new system, minimizing disruptions to daily operations. However, it is crucial to ensure proper data backup and thorough testing before executing the migration to avoid any potential data loss or issues during the transition. Overall, QuickBooks Desktop Accountant 2023 is recommended for its user-friendly interface, comprehensive features, and extensive reporting capabilities. The direct cutover migration plan can facilitate a smooth transition to the new system. Section 5 (Use of Microsoft Office and Other Tools): In addition to QuickBooks Desktop Accountant 2023, the use of Microsoft 365 can supplement various activities related to billing, collections, payments, and reporting for the HOA. 1. Microsoft Excel: This tool can be utilized for managing billing data and creating reports. Excel provides powerful functionalities for organizing and analyzing financial information, making it easier to track payments, identify outstanding balances, and generate detailed reports. 2. Microsoft Outlook: Outlook can assist in sending payment reminders and managing communication related to collections. It offers features like email templates, scheduling, and reminders, enabling efficient and timely communication with homeowners regarding outstanding payments. By leveraging Microsoft 365 tools alongside QuickBooks Desktop Accountant 2023, the HOA can streamline their billing, collections, payments, and reporting activities while fostering effective communication and collaboration within the organization. Section 6 (Impact of Technology Advances): Advances in technology, such as robotic process automation (RPA), blockchain, artificial intelligence (Al), and data analytics, can be used in conjunction with QuickBooks Desktop Accountant 2023 to enhance its capabilities. Here's how: 1. Robotic process automation (RPA): RPA can automate repetitive and rule-based tasks within the accounting process. For example, RPA can be used to extract data from invoices and input it directly into QuickBooks, reducing the need for manual data entry. This improves accuracy, saves time, and allows employees to focus on more strategic tasks. 2. Blockchain: Blockchain technology can be integrated with QuickBooks to enhance security and transparency in financial transactions. By recording transactions in a decentralized and immutable ledger, blockchain can provide a high level of data integrity and eliminate the need for intermediaries. This can enhance trust, reduce fraud risks, and streamline audit processes. 3.Artificial intelligence (Al): Al can be utilized in QuickBooks to automate data analysis, improve forecasting accuracy, and provide insights into financial trends. For example, Al algorithms can analyze historical data to identify patterns and anomalies, helping businesses make informed decisions. Additionally, Al-powered chatbots can provide real-time support and answer basic accounting queries. 4.Data analytics: QuickBooks Desktop Accountant 2023 can leverage data analytics tools to extract valuable insights from financial data. By analyzing large volumes of data, businesses can identify trends, detect anomalies, and make data-driven decisions. For example, data analytics can help in identifying cost-saving opportunities, optimizing inventory management, or identifying potential risks