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Accounting software

Index Accounting software

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. [1]

55 relations: Accounting, Accounting information system, Accounting standard, Accounts payable, Accounts receivable, Application software, Bank reconciliation, Banking software, Bookkeeping, Bookselling, Budget, Child care management software, Comparison of accounting software, Construction accounting, Consultant, Currency, Debt collection, Departmentalization, Double-entry bookkeeping system, Drill down, E-accounting, E-commerce payment system, Enterprise resource planning, Expense, Financial Accounting Standards Board, Fund accounting, General ledger, Index of accounting articles, Information retrieval, International Financial Reporting Standards, Internationalization and localization, Inventory, Investment management, Invoice, Journal, Lawyer, Low-end market, Management information system, Medical software, Middle-market company, Payroll, PC Magazine, Project accounting, Purchase order, Real estate investment trust, Sales order, Single-entry bookkeeping system, Software as a service, Software development kit, Statutory holdback, ..., Tax compliance software, Timesheet, Trial balance, Value-added tax, Video game developer. Expand index (5 more) »

Accounting

Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations.

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Accounting information system

An accounting information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers.

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Accounting standard

Financial statements prepared and presented by a company typically follow an external standard that specifically guides their preparation.

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Accounts payable

Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet.

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Accounts receivable

Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for.

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Application software

An application software (app or application for short) is a computer software designed to perform a group of coordinated functions, tasks, or activities for the benefit of the user.

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Bank reconciliation

In bookkeeping, a bank reconciliation statement is a process that explains the difference on a specified date between the bank balance shown in an organization's bank statement, as supplied by the bank, and the corresponding amount shown in the organization's own accounting records.

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Banking software

Banking software is enterprise software that is used by the banking industry.

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Bookkeeping

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

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Bookselling

Bookselling is the commercial trading of books which is the retail and distribution end of the publishing process.

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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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Child care management software

Child care management software, also referred to as child care administrative software or daycare accounting software, is business software designed specifically for use by child care centers, preschools, and similar child-oriented facilities.

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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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Construction accounting

Construction accounting is a form of project accounting applied to construction projects.

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Consultant

A consultant (from consultare "to deliberate") is a professional who provides expert advice in a particular area such as security (electronic or physical), management, education, accountancy, law, human resources, marketing (and public relations), finance, engineering, science or any of many other specialized fields.

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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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Debt collection

Debt collection is the process of pursuing payments of debts owed by individuals or businesses.

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Departmentalization

Departmentalization (or departmentalisation) refers to the process of grouping activities into departments.

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Double-entry bookkeeping system

Double-entry bookkeeping, in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account.

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Drill down

In information technology to drill down means to move from one place to another, information to detailed data by focusing in on something.

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E-accounting

E-accounting or online accounting, is the application of online and Internet technologies to the business accounting function.

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E-commerce payment system

An e-commerce payment system facilitates the acceptance of electronic payment for online transactions.

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Enterprise resource planning

Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology.

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Expense

In common usage, an expense or expenditure is an outflow of money to another person or group to pay for an item or service, or for a category of costs.

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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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Fund accounting

Fund accounting is an accounting system for recording resources whose use has been limited by the donor, grant authority, governing agency, or other individuals or organisations or by law.

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General ledger

A general ledger contains all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses.

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Index of accounting articles

This page is an index of accounting topics.

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Information retrieval

Information retrieval (IR) is the activity of obtaining information system resources relevant to an information need from a collection of information resources.

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International Financial Reporting Standards

International Financial Reporting Standards, usually called IFRS, are standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB) to provide a common global language for business affairs so that company accounts are understandable and comparable across international boundaries.

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Internationalization and localization

In computing, internationalization and localization are means of adapting computer software to different languages, regional differences and technical requirements of a target locale.

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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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Invoice

An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller had provided the buyer.

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Journal

A journal (through French from Latin diurnalis, daily) has several related meanings.

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Lawyer

A lawyer or attorney is a person who practices law, as an advocate, attorney, attorney at law, barrister, barrister-at-law, bar-at-law, counsel, counselor, counsellor, counselor at law, or solicitor, but not as a paralegal or charter executive secretary.

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Low-end market

In the USA, as well as in most developed countries, the low-end market consists of lower-priced products suitable for customers who are not willing or able to spend large amounts of money.

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Management information system

Management information system or management information systems (MIS) refers to the complementary networks of hardware and software cooperating to collect, process, store, and disseminate information in order to support the managerial role of leveraging information technology to increase business value and profits.

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Medical software

Medical software is any software item or system used within a medical context, such as.

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Middle-market company

Authorities provide differing definitions of the middle-market or mid-market companies.

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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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PC Magazine

PC Magazine (shortened as PCMag) is an American computer magazine published by Ziff Davis.

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Project accounting

Project accounting is a specialised form of accounting that corresponds to the ever-evolving needs of project delivery, which helps adequately track, report and analyse financial results and implications.

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Purchase order

A purchase order (PO) is a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

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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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Sales order

The sales order, sometimes abbreviated as SO, is an order issued by a business or sole trader to a customer.

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Single-entry bookkeeping system

A single-entry bookkeeping system or single-entry accounting system is a method of bookkeeping relying on a one sided accounting entry to maintain financial information.

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Software as a service

Software as a service (SaaS) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted.

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Software development kit

A software development kit (SDK or devkit) is typically a set of software development tools that allows the creation of applications for a certain software package, software framework, hardware platform, computer system, video game console, operating system, or similar development platform.

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Statutory holdback

Statutory holdback or contract holdback is the legal requirement found in most common law jurisdictions' contract law that requires an owner engaging a contractor to hold a particular percentage of payment for a stipulated length of time.

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Tax compliance software

Tax compliance software is software that ensures tax compliance for income tax, corporate tax, VAT, service tax, customs, sales tax, use tax, or other taxes its users may be required to pay.

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Timesheet

A timesheet (or time sheet) is a method for recording the amount of a worker's time spent on each job.

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Trial balance

A trial balance is a list of all the general ledger accounts (both revenue and capital) contained in the ledger of a business.

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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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Video game developer

A video game developer is a software developer that specializes in video game development – the process and related disciplines of creating video games.

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References

[1] https://en.wikipedia.org/wiki/Accounting_software

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