What is accounting software and what makes it important?

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It is a digital program that allows companies to do things such as record purchases, make invoices, do payroll and report their finances. It helps reduce bookkeeping work and guarantees that the information is correct. Several people use QuickBooks, Xero and FreshBooks. Accounting processes can be done faster and better with fewer errors thanks to these tools. They also support clients by prepping their taxes and ensuring they are following all required financial guidelines. If a business uses accounting software, it can handle cash flow more effectively, make good decisions and operate more efficiently—accounting software