Bookkeeping Software Definition

Bookkeeping software allows the user to record daily financial transactions for a business.

Bookkeeping Software Extended Definition
Bookkeeping software can simplify recordkeeping for a business by serving as a digital replacement for traditional business ledgers and other business books.

There are several different types of bookkeeping software available to business owners, including desktop and online software. Some bookkeeping software programs may use cash-basis or accrual-basis accounting methods.

While the features may vary, many bookkeeping software programs offer invoicing and basic reports, such as profit and loss statements.

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Last Updated By

Andrew Freiman | Mar 01, 2023

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