Accounting Packages In Trade Software

Accounting packages are collections of computer programs or software designed to carry out specific accounting tasks. They may be customized or bought ‘of-the-shelf’. An accounting suite is a set of accounting modules or programs. Examples of accounting packages are packages for payroll, sales and purchase ledger packages and fixed assets register. When a user begins to work with an accounting package he or she will usually be asked to key in a password. Separate passwords can be used for different parts of the system, for example for different ledgers if required. This prevents access by unauthorized personnel