What is simple business accounting software ?

Definition

Business accounting software is a computer software program designed to assist businesses in the collection and processing of financial information. It's usually used by small and medium-sized enterprises (SMEs) that have grown quickly, or by individuals running a business on their own. Businesses with complex structures and an increased reporting need are most likely to use accounting software. These include manufacturing, wholesaling, retailing, service providers, franchising, and consulting firms.