Accounting software and Outline of finance

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Difference between Accounting software and Outline of finance

Accounting software vs. Outline of finance

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. The following outline is provided as an overview of and topical guide to finance: Finance – addresses the ways in which individuals and organizations raise and allocate monetary resources over time, taking into account the risks entailed in their projects.

Bookkeeping

Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business.

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Budget

A budget is a financial plan for a defined period of time, usually a year.It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows.

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Comparison of accounting software

The following comparison of accounting software documents the various features and differences between different professional accounting software and personal finance packages.

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Currency

A currency (from curraunt, "in circulation", from currens, -entis), in the most specific use of the word, refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins.

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Financial Accounting Standards Board

The Financial Accounting Standards Board (FASB) is a private, non-profit organization standard setting body whose primary purpose is to establish and improve generally accepted accounting principles (GAAP) within the United States in the public's interest.

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Index of accounting articles

This page is an index of accounting topics.

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Inventory

Inventory (American English) or stock (British English) is the goods and materials that a business holds for the ultimate goal of resale (or repair).

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Investment management

Investment management is the professional asset management of various securities (shares, bonds and other securities) and other assets (e.g., real estate) in order to meet specified investment goals for the benefit of the investors.

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Payroll

A payroll is a company's list of its employees, but the term is commonly used to refer to.

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Real estate investment trust

A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate.

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Value-added tax

A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally, based on the increase in value of a product or service at each stage of production or distribution.

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