Software Accounting

✅ Definition of Accounting Software
Accounting software is a computer program designed to help manage accounting processes in an organization or business. This software records, manages, and processes financial transactions automatically so that financial reports can be prepared quickly, accurately, and according to standards.

Support Audit and Traceability

Provide transaction history that can be traced in det🛠️ Uses of Accounting Software
Record Financial Transactions

Store all company financial transactions, such as income, expenses, purchases, and sales.

Compile Financial Reports

Create reports such as income statement, balance sheet, cash flow, and general journal automatically.

Manage Taxes and Bookkeeping

Calculate VAT, income tax, and other types of taxes according to regulations, and compile valid accounting evidence.
ail for audit purposes.

Control Cash Flow and Budget

Assist in monitoring cash in/out and comparison with predetermined budgets.

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