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Accounting software is a program that helps to manage a company's financial transactions. The accounting software you use can help track critical financial data in your business, keep track of your taxes, and pay your employees on time.
Freelancers and small businesses can use a generic solution, while enterprise organisations need a more complex system.
The right accounting software can simplify business processes by doing the following:
All these options offer third-party integrations.
Any accounting software should include basic features such as a general ledger, account reconciliation, accounts payable and accounts receivable. Other features are:
Keep the following in mind when choosing accounting software:
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