Accounting Software Overview
What is Business Accounting Software? Accounting Software tracks and manages accounting transactions and serves as an accounting information system from which decision-makers or accountants of businesses can track business processes and produce financial reports. Their key feature is an integrated financial dashboard with a general ledger for managing bookkeeping at double entry. Popular features of this software class are as follows: Means of monitoring client inventory and purchase orders Sales monitoring Automatic invoicing Receipt collection by document or image processing Timekeeping Analytics for budgeting and revenue tracking Financial reporting accounts payable / accounts receivable functions. These features are either contained internally (within the accounting software) or managed by integration with third-party software that performs these functions in a modular fashion (e.g. dedicated AR or AP software, Expense Management Software, Image Cap...