Accounting system

Accounting software is computer software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll, and trial balance. It functions as an accounting information system. It may be developed in-house by the company or organization using it, may be purchased from a third party, or may be a combination of a third-party application software package with local modifications. It varies greatly in its complexity and cost.
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Noun
1. a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
(synonym) accounting, method of accounting
(hypernym) register
(hyponym) control account
(member-holonym) ledger, leger, account book, book of account, book

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