Comment by jasim

Accounting, specifically book-keeping, really plays to the strengths of LLMs - pattern matching within a bounded context.

The primary task in book-keeping is to classify transactions (from expense vouchers, bank transactions, sales and purchase invoices and so on) and slot them into the Chart of Accounts of the business.

LLMs can already do this well without any domain/business specific context. For example - a fuel entry is so obvious that they can match it into a similar sounding account in the CoA.

And for others where human discretion is required, we can add a line of instruction in the prompt, and that classification is permanently encoded. A large chunk of these kind of entries are repetitive in nature, and so each such custom instruction is a long-term automation.

You might have not been speaking about simple book-keeping. If so, I'm curious to learn.