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Accounting software is application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll, and trial balance. It functions as an accounting information system, allowing you to track, among other things, the net worth of your business.
For added speed and efficiency, most accounting software comes with a cloud component, while some have moved to the cloud altogether, being available as web apps.
It varies greatly in its complexity and cost, as some can be used for free, while the premium ones are usually subscription or licensed-based.
These programs are not restricted to just the Windows platform, as they can also be use don Mac, while others are cross-platform.
If you want to read more about accounting software and other related solutions, don’t hesitate to check our Business software category.