Classes of Accounting Software

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Classes of Accounting Software

It’s important to weigh all the considerations when shopping for accounting software. Not only should you factor in the cost and ease of use of your prospective choice, but also make sure that it’s built to match the size of your business. There are loose classes of accounting software, and you should narrow your focus to the class that matches your needs. Here’s a quick list of the common classes of accounting software.

Admiral Consulting Group can help you determine what Class of Accounting Software is suitable for your company.

  • Private accounting / small enterprise – This software is designed for home users. These are generally cheap, simple, and have the minimum in accounting functions.
  • Low level accounting software – This is for small businesses that serve a single nation market. These programs are often characterized by single-entry products.
  • Mid market accounting software – These programs generally serve larger, multi-national businesses. Multi-national considerations are addressed by these programs like accounting standards and multiple currencies.
  • High-end accounting software – At this point, accounting software branches out to enterprise resource planning (ERP) software. This no longer merely addresses accounting but branches off into inventory and customer relationship management (CRM).

Once you decide which accounting software fits your needs, your hunt will become much smoother.

For information regarding Microsoft Dynamics Accounting Software such as Microsoft Dynamics GPMicrosoft Dynamics SL or Microsoft Dynamics NAV, contact Admiral Consulting Group at 732-257-7440 or info@admiral-usa.com

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