Manual Finance
Manual Finance refers to the traditional, non-automated approach to managing financial processes, such as budgeting, accounting, and reporting, using manual methods like spreadsheets, paper records, and human calculations. It involves hands-on data entry, reconciliation, and analysis without relying on automated software or systems. This methodology is often used in small businesses, personal finance, or contexts where automation is impractical or too costly.
Developers should learn about Manual Finance when working on projects that involve financial data integration, automation tools, or legacy system upgrades, as it provides foundational knowledge of financial workflows and pain points. It is particularly useful for building or improving financial software, such as accounting platforms or budgeting apps, by understanding the manual processes they aim to replace or enhance. This skill helps in designing user-friendly solutions that address real-world inefficiencies in financial management.