Accounting software is a type of application software that is used to manage account transactions for businesses. Here, we have listed all the common types of accounting software.
Common Types of Accounting Software
Other Useful Accounting Software
FreshBooks
• Cloud-based invoice and accounting
• Account receivable, expense tracking, easy-to-use
• Good for small businesses
Xero
• Online accounting
• Account payable, receivable, expense tracking
• Billing, invoicing, payroll management
Sage
• Cloud-based accounting
• Account payable, receivable, billing, invoicing
• Bank reconciliation, payroll management
SAP ERP
• Enterprise resource planning software
• Good for organizations of the different industrial sector
• HR and Payroll management
• Operations (sales, services, manufacturing, etc.) management
Quickbooks Online
• Online SaaS (software as a service) accounting
• Can scale with the growing business
• Cloud-based version accepts payments, pay bills, payroll management
Vyapar
• GST billing software
• Customised invoices
• Billing, inventory management
• User-friendly interface
Zoho Books
• Online accounting, finance
• Automates business workflow
• Accounts payable, receivable, bank reconciliation
BlackLine
• Cloud-based accounting
• Accounts payable, receivable, bank reconciliation
• Automates and control financial close process
MProfit
• For the Indian investment community
• Manage and track multiple assets, portfolios
• Auto-import data from brokers