Information Systems

Information Systems and Software Applications Paper

Robert Rodruiez

BIS/219

November 15, 2010

University of Phoenix

Information Systems and Software Applications Paper

There are many types of accounting software applications on the market today. Some

applications are intended to perform accounting functions for large corporate organizations.

Others are meant for personal use. Still other applications fall somewhere in between,

performing functions suited to small businesses, as well as those suited to the average person.

Available software ranges from the very simple to the very complex, with much variation in

price as well.

Accounting software can be useful in such functions as recording and processing accounts

payable transactions. Some software applications can be used in payroll processing, the

documentation of tax transactions, and the creation of related reports. Accounting software can

also be used in billing clients and customers and debt collection. Some accounting programs

even provide for timesheet record keeping, useful for professionals who need to keep track of the

hours they work.

Accounting software that is designed for home use is often referred to as personal

accounting software. This type of software is used mostly in managing household budgets and

expenses. Some personal accounting software makes it possible to downloadhttp://www.wisegeek.com/how-do-i-protect-my-bank-account-information.htm bank account

directly from the Internet for use with the software.

Low-end accounting software is generally used by smaller businesses and can typically be found

for sale by a variety of retailers. Usually, software in this class is not highly specific and can be

used for a wide range of businesses. This type of accounting program is usually adequate for

such uses as generating invoices, reconciling accounts, and handling payroll.

The next step up in the realm of accounting software consists of...