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Tuesday, February 2, 2010

Accounting Modules In Trade Software

An accounting package will consist of several modules. A simple accounting package might consist of only one module (in which case it is called a stand-alone module), but more often it will consist of several modules. The name given to a set of several modules is a suite. An accounting package, therefore, might have separate modules for invoicing, stock, sales ledger, purchase ledger, nominal ledger, payroll, cash book, fixed asset register, report generator.

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