What Does Accounting Software Mean?
Accounting software is a type of computer software used by accounting professionals to manage accounts and perform accounting operations.
Techopedia Explains Accounting Software
Corporate accounting has become highly regulated and is more important than ever because it allows companies to track their financial transactions and receive almost instantaneous reporting and analysis. Before accounting software existed, accounting tasks had to be performed by hand. By automating these tasks, accounting software reduces the cost of accounting. It also provides more accurate and timely reporting, allowing companies to better use the information to make financial decisions.
