Accounting Software

A class of computer software, or program that helps accounting professionals mange accounts and perform accounting operations. The simplest accounting programs, sometimes called personal finance managers, are single-entry systems that automate tasks such as check writing and record keeping.

Recommended Reading: SOHO Business Solutions: Accounting and Finance Software.

Double-entry systems include functions for general ledger, accounts receivable, and accounts payable. More sophisticated systems also support functions for payroll, inventory, invoicing, and fixed assets. Some high-end systems even support sales analysis and time billing.

In North America this type of program is called accounting software, however in the UK it is often referred to as accounts software.

Top 5 Business Software Questions

1. What is software?
2. What is tax software?
3. What is billing software?
4. What is email software?
5. What is software licensing?

 

 

 

Vangie Beal
Vangie Beal
Vangie Beal is a freelance business and technology writer covering Internet technologies and online business since the late '90s.

Related Articles

Software

Table of contents What is Software? History of Software Software vs. Hardware Software vs. Hardware Comparison Chart What Types of Software Exist? Saas vs....

Email Address

What is an Email Address? An email address is a designation for an electronic mailbox that sends and receives messages, known as email, on a...

Information Technology (IT) Architect

The information technology architect applies IT resources to meet specific business requirements. The role requires a high degree of technical expertise as well as...

Built-In Function

A built-in function is a function that is already available in a programming language, application, or another tool that can be accessed by end...

Geotargeting

Geotargeting is a method of delivering data or content to users based on...

Agile Project Management

Agile project management enables business teams to approach their projects and tasks with...

Private 5G Network

A private 5G network is a private local area network (LAN) that utilizes...