A
- Account class
- Accounting
- Accounting principles
- Accounting software
- Accounting system
- Accounts receivable
- Accrual accounting
- Advance payment
- Annual report
- Assets
- Association
- Audit
- Auditor
B
- Bad debt
- Balance
- Balance sheet
- Bank deposit
- Bank reconciliation
- Board
- Bond
- Bookkeeping
- Break-even point
- Budget
- Business
- Business number
- Business plan
C
- Capital
- Cash balance
- Cash flow
- Cash flow budget
- Cash register system
- Claim
- Commission
- Conglomerate
- Cost
- Cost price
- Credit
- Credited invoice
- Credit note
- Creditor
- CRM
- CSV file
- Currency
- Current assets
- Customer
- Customer list
- CV
D
- Deadline
- Debit
- Debiting
- Debt
- Debt collection
- Debtor
- Depreciation
- Deviation
- Dividend
- Documentation
- Double entry bookkeeping
E
- EInvoicing
- Electronic archive
- Electronic signing
- Equity
- Expense
F
- Factoring
- Fee
- Financial accounting
- Financial capital
- Fiscal year
- Fixed assets
- Fraud
- Full-time equivalent
G
- GDP
- General ledger
- General meeting
- Goodwill
- Gross and net
- Gross profit
H
- Holding company
I
- IBAN
- IFRS
- Income
- Income statement
- Incoming invoice
- Inflation
- Intangible assets
- Interest
- Inventory management
- Inventory management system
- Investment company
- Invoice
- Invoice number
- Invoice sales
- Invoice scanning
- Invoice software
- Invoice template
- Invoicing
J
K
- Key performance indicator (KPI)
L
- Late fee
- Legal entity/person
- Liquid assets
- Liquidity
M
- Means of payment
N
- Nominal interest rate
O
- Opening balance
- Operating accounting
- Operating assets
- Operating profit
- Outgoing invoice
- Outsourcing
- Overdraft
- Overtime
P
- Packing slip
- Parent company
- Payment ability
- Payment reminder
- Profit
- Profit margin
- Proforma invoice
- Project accounting
- Purchase cost
Q
- Quoting software
R
- Real capital
- Receipt
- Receipt scanning
- Reconciliation
- Reputation
- Return on investment
- Rounding
S
- Salary
- Sales document
- Scrap value
- Shareholder register
- Shelf company
- Solvency
- Stock
- Supplier
- Supplier credit
- Supplier debt
- Supplier list
- SWIFT
T
- Tax
- Tax deduction
- Time tracking
- Transaction
- Travel expenses
- Trial balance
- Turnover
U
V
- Variable costs
- Voucher
W
- Wage cost
X
Y
Z

What is an accounting software

If you own a business, leveraging accounting software is not just a choice — it’s a practical necessity.

What is an accounting software?

Accounting software is a digital tool that empowers you or your accountant to manage your company’s financial accounts efficiently. The advantage of digitalization allows you to access these tools from anywhere.

As a business owner, you are accountable for reporting your company’s financial status multiple times a year. Having an accounting software simplifies this process, providing quick access to essential reports.

How do I select the right accounting software?

This depends. Specific industries, like agriculture, often have tailored accounting software with industry-specific functions and codes. Your personal knowledge of accounting is also crucial. If you’re new to accounting, opt for user-friendly software designed for businesses to manage your accounts independently is wise.

Get started with a free invoicing software

With Conta, you can generate an unlimited number of free invoices online. Conta is an invoicing software with smart automation functionality. The software is also easy to use, making it a preferred alternative among small business owners.

Try Conta for free

Back to glossary

What is an accounting software