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Glossary
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Accounting software

What is accounting software?

Accounting software is a type of computer software used by businesses to manage and process their financial transactions. This software can range from simple, single-entry systems for basic bookkeeping to more complex, double-entry systems that can process accounts payable, accounts receivable, payroll, and more.

Modern accounting software typically includes features such as invoicing, bank integration, expense tracking, reporting, and tax preparation. QuickBooks is a popular example. The software streamlines and automates processes, improving efficiency, reducing human error, and providing real-time insights into a business's financial health.

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