Personal accounting software Personal accounting software is used to manage household budget and expenses. They support a limited number of personal accounts, and sometimes joint accounts. Some applications can download bank account information from the Internet and integrate it with the software. Low-end accounting software Low-end accounting software is designed for small businesses. It provides general business accounting applications applicable to most types of businesses. It can handle payroll, reconcile accounts, and generate invoices. Midrange accounting software Midrange accounting software performs general business accounting and integrated management information system that can be used in different branches or locations. Some models support multiple currencies to support multinational operations. They usually download exchange rates from the internet. High-end accounting software High-end accounting software is designed for large companies handling large-volume transactions. It provides multiple employee and client accounts. Most programs are fully customizable to suit a company’s specific requirements. |