The main objective of this study is to analyse the level of awareness, effectiveness on the performance, and find the factors affecting the adoption of digital accounting systems by Accounting Professionals, Chartered Accountants, Owners and Directors or Partners of Micro, small & medium businesses in the specific Rajkot region of Gujarat. In today’s world, with the new technology adoption transformation of business is common. Through its adoption, there is a change of landscape revolutionized by enhancing efficiency, accuracy, and decision-making practices. Here digital accounting system refers to recording the financial information, representation, and reporting transmitted into digital form or electronic mode. Lots of Accounting software and Applications are in use for this work. Majorly for making accounting work complete, every business needs to have it certify by Chartered Accountants and in some cases to be prepared by Professional Accountants.

Hence, to understand complete situation, this research was conducted. The decision base of accepting a total digital accounting system in the organisation rests on the entrepreneur, partner, director, whether to adopt the accounting system through their efforts or to appoint a professional accountant as a bookkeeper/ accountant and to end this process by completing after getting a Certificate of Auditing (Audit report) by a Chartered Accountant. Digital Accounting surely benefits large-scale organisation’s but here an attempt is made to check the benefits to MSME-type of business organizations.