The use of accounting software programs has increased with the passage of time as it is the requirement of the modern world also because competition has increased and people need to do work in proper time. The need of software also depends on the business type like for sole-proprietor there may be no need to use this software because there are not so much business transactions to conduct and also list of stock and customers can easily be managed by owner.
Small scale businesses on the other hand need such software programs in order to eliminate the need of accounting staff and to save both time and money. There are such accounting software programs present in the market especially designed for the industries like manufacturing, construction and wholesaling. The software’s basic purposes are to manage the inventory which may be daily, weekly or monthly and then the sales records. Other functions include business budgeting, payroll record, bookkeeping’s, customer’s contact management and many more.