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  • Accounting Softwares

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    Nitesh Shende
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    Accounting software records and processes transactions within modules like accounts payable, accounts receivable, general ledger, and payroll. There are several types of accounting software: spreadsheets like Excel can handle basic needs; commercial software like QuickBooks manages small to mid-sized business needs and provides reports and graphs; enterprise software assists large companies with complex operations; and some businesses create custom accounting software.

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    Accounting software records and processes transactions within modules like accounts payable, accounts receivable, general ledger, and payroll. There are several types of accounting software: spreadsheets like Excel can handle basic needs; commercial software like QuickBooks manages small to mid-sized business needs and provides reports and graphs; enterprise software assists large companies with complex operations; and some businesses create custom accounting software.

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    2K views7 pages

    Accounting Softwares

    Uploaded by

    Nitesh Shende
    Accounting software records and processes transactions within modules like accounts payable, accounts receivable, general ledger, and payroll. There are several types of accounting software: spreadsheets like Excel can handle basic needs; commercial software like QuickBooks manages small to mid-sized business needs and provides reports and graphs; enterprise software assists large companies with complex operations; and some businesses create custom accounting software.

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    © All Rights Reserved
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    of 7

    VARIOUS TYPES OF

    ACCOUNTING SOFTWARE
    WHAT IS ACCOUNTING
    SOFTWARE
    Accounting software describes a type of application
    software that records and processes accounting
    transactions within functional modules such as
    accounts payable, accounts receivable, journal,
    general ledger, payroll, and trial balance. It
    functions as an accounting information system.
    TYPES OF ACCOUNTING
    SOFTWARE

    1. SPREADSHEET
    To help with bookkeeping,businesses often use
    spreadsheet programs such as Microsoft Excel or
    Google Spreadsheets. You can adapt a
    spreadsheet to almost any basic accounting need.
    2. COMMERCIAL ACCOUNTING
    SOFTWARE
    It such as QuickBooks or Peachtree can
    handle most of a small- to mid-size business's
    accounting needs. Its often includes graphs
    that summarize data, reports that provide a
    picture of a business's health.
    3. ENTERPRISE ACCOUNTING
    SOFTWARE
    Larger companies may have enormously
    complex operations, and enterprise
    accounting software helps in managing
    this complexity.
    4. CUSTOM ACCOUNTING
    SOFTWARE

    Sometimes, a business creates its own


    accounting software, this are called
    custom accounting software.

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