Accounting Software System
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An Accounting Software System is an application software that can support an accounting IT solution.
- AKA: Accounting Software.
- Context:
- It can be instantiated as an Accounting System Instance.
- It can be a component of an ERP Software System.
- It can interoperate with Finance BI System.
- …
- Counter-Example(s):
- See: Accounts Payable, Accounts Receivable, Payroll, Trial Balance, Accounting Information System.
References
2015
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Accounting_software Retrieved:2015-12-17.
- Accounting software describes a type of 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. It may be developed in-house by the organization using it, may be purchased from a third party, or may be a combination of a third-party application software package with local modifications. Accounting software may be on-line based, accessed anywhere at anytime with any device which is Internet enabled, or may be desktop based. It varies greatly in its complexity and cost.
The market has been undergoing considerable consolidation since the mid-1990s, with many suppliers ceasing to trade or being bought by larger groups.
- Accounting software describes a type of 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. It may be developed in-house by the organization using it, may be purchased from a third party, or may be a combination of a third-party application software package with local modifications. Accounting software may be on-line based, accessed anywhere at anytime with any device which is Internet enabled, or may be desktop based. It varies greatly in its complexity and cost.