Accounting Software is a type of application that simplifies and automates various financial tasks and processes for businesses and individuals. It helps manage and track financial transactions, generate financial reports, and maintain accurate records. Accounting software is designed to streamline accounting operations, enhance accuracy, and improve efficiency in financial management.

1. Accounting Software
Presented By:
Shahriar Ahsan Taisiq (201002396)
Shagor Kumar Das (201002403)
Nafis Chowdhury (201002412)
Emon Hossain (201002221)
Fakir Tohidul Islam (201002402)
Presented To:
Mr. Raihan Amin
Lecturer
Department of GBS
Green University of Bangladesh
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2. Contents
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✔ Introduction
✔ Importance of Accounting Software
✔ Types of Accounting Software
✔ Tally Accounting Software
✔ Quicks Book Accounting Software
✔ Wave Accounting Software
✔ ERP Accounting Software
✔ Conclusion

3. Introduction
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Accounting software is a tool that:
• Track Financial Activity
• Assess Financial Health

4. Importance of Accounting Software
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 Save Time and Errors
 More Efficiency
 All Transaction Data in One Place
 Live Dashboard
 Generate Profit and Loss, Balance Sheet
 Classifies Expenditures, Schedules, and Pay Bills
 Track Transaction and Cash Flow

5. Types of Accounting Software
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Below is some example of Accounting Software:
• Tally Accounting Software
• QuickBooks Accounting Software
• ERP Accounting Software
• Wave Accounting Software

6. Tally Accounting Software
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Tally is an accounting software, a comprehensive business management solution that
offers a range of accounting and financial management features. Below are the some key
feature of tally:
• Bookkeeping
• Financial Statements
• Inventory Management
• Tax Compliance
• Multi-Currency Support

7. Tally Accounting Software (Cont..)
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Advantage Limitation
• User-friendly interface
• Comprehensive functionality
• Localization and compliance
• Reporting and analysis
 Limited scalability
 Integration limitations
 Online connectivity requirement
 Training and learning curve

8. QuickBooks Accounting Software
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QuickBooks is a popular accounting software developed by Intuit and widely used by
small and medium-sized businesses. . Below are some key feature of QuickBooks:
• Invoicing and Billing
• Expense Tracking
• Financial Reporting
• Inventory Management
• Payroll Management
• Tax Compliance

9. QuickBooks Accounting Software (Cont..)
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Advantage Limitation
• User-friendly interface
• Comprehensive functionality
• Integration capabilities
• Scalability
• Accessibility
 Cost
 Learning curve
 Limited customization
 International support
 Technical support

10. Wave Accounting Software
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Wave is a cloud-based accounting software that provides small businesses and
freelancers with a suite of financial management tools. Below are some key feature of
Wave:
• Expense Tracking
• Bank Reconciliation
• Receipt Scanning
• Free Accounting Software

11. Wave Accounting Software (Cont..)
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Advantage Limitation
• User-friendly Interface
• Cost-effective
• Receipt Scanning
• Multiple Currency Support
• Cost Savings
 Limited Scalability
 Limited Customer Support
 Limited Inventory Management
 Limited Customization
 Mobile App Limitations

12. ERP Accounting Software
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ERP (Enterprise Resource Planning) accounting software refers to a type of software that
combines various accounting and financial management functions within an integrated
system. Below are some key feature of ERPs:
• Customer Relationship Management (CRM)
• Supply Chain Management
• Reporting and Analytics
• Inventory Management
• Centralized Database
• Mobile Access

13. ERP Accounting Software (Cont..)
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Advantage Limitation
• Real-time Insights
• Automation and Efficiency
• Enhanced Financial Controls
• Cost Savings
 Complex Custom Reporting
 Implementation Complexity
 Customization Challenges
 Vendor Dependence
 Data Security and Privacy

14. Conclusion
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In order to handle financial transactions, automate accounting procedures, and
provide financial reports, accounting software has become a crucial tool for firms.
There are many kinds of accounting software available, each with its unique features
and capabilities, ranging from simple ERP accounting programs like SAP and Oracle
to more complex programs like Wave and Tally. The choice of accounting software
ultimately relies on the size, complexity, and unique accounting needs of the firm.

15. References
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[1] https://www.business.com/articles/features-of-accounting-software/
[2] https://quickbooks.intuit.com/accounting/
[3] https://tallysolutions.com/erp-software/accounting-software-and-its-
benefits/
[4] https://www.waveapps.com/

16. Does anyone have
any questions?
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