Comment by 2Gkashmiri

You are right but you are mixing a lot of stuff.

MAJORITY of the world businesses are small shops. Mom and pop businesses or family run shops. They need accounting to track if their customers have paid them, if they have to pay to suppliers and any taxes are due.

Erp systems are wayyyyy too much work for them.

I work with small businesses and they would rather themselves keep half baked records than hire a pro because that saves them cash in the ongoing basis.

Simple accounting helps them. Thats like bringing a shotgun to a knife fight.