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Electronic Accounting
Kyng Mello
Created on January 30, 2024
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Transcript
Computerized accounting
ByShivnarine Atterbury
Electronic Accounting
Electronic accounting is essentially accounting made easier through the use of applications and online software tools.
POPULAR ACCOUNTING SOFTWARE
NetSuite
PEACHTREE ACCOUNTING
QUICKBOOKS
What do these software even do???!
- NetSuite: This cloud-based software is used to simplify the process of recording transactions, managing accounts payable (AP) and accounts receivable (AR), and closing the books.
Continued...
- Peachtree (Sage 50 Accounting): It’s a comprehensive accounting solution that provides core functionality, such as A/R and A/P, customer management, and financial reporting123. It also offers a desktop installation for performance and security, and robust functionality for accuracy, compliance, and control123.
Continued...
- QuickBooks Online: It’s a comprehensive accounting solution that provides essential accounting features, including expense tracking and invoicing5.