Question

write the brief note on accounting software ​

Answer 1

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☞Accounting software :

1. Readymade Software: Readymade Softwares are the softwares that are developed notfor any specific user but for the users in general. Some of the ready-made softwaresavailable are Tally, Ex, Busy. Such softwares are economical and ready to use. Suchsoftwares do not fulfill the requirement of very user.

2. Customised Software: Customised software means modifying the ready-made softwaresto suit the specific requirements of the user Readymade softwares are modified accordingto the need of the business Cost ofinstallation, maintenance and training relativelyhigher than that of ready-made user. There packages are used by those medium or largebusiness enterprises in which financial transactions are some what peculiar in nature.

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Answer 2

✌✌Hey mate here is your answer ✌✌

Accounting software describes a type of application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, journal, general ledger, payroll, and trial balance. It functions as an accounting information system.

Hope it helps you..❣❣