Question

Briefly explain any six factors which should be taken into account before sourcing an accounting software

Answer 1

Explanation:

What are the two factors that must be considered when deciding on an accounting system? Answer: The two factors are (1) the size of the organization and (2) the information needs of the organization. Each factor is discussed next.

8 Factors which should be taken into account before sourcing an accounting software

1. User-Friendly Software. ...
2. Multi-Currency Transactions. ...
3. Web Based Application. ...
4. Integration With Other Business Software. ...
5. Secure Data. ...
6. Customer Support. ...
7. Pricing of Accounting Software. ...
8. Don't Hurry, Take Your Time Before Buying an Accounting Software.