Question

Which software is used for accounting?

Answer 1

Some of the software used in accounting are:

• Wave: free software for users.
• QuickBooks Online: overall good rating for accounting software.
• QuickBooks Self-Employed: for part-time freelancers.
• Xero: for sole proprietors and micro-businesses.
• FreshBooks: for the service industry.

Also see:

• Accounting MCQs
• MCQs on Management Accounting
• Types of Errors in Accounting