Windows 10: Bookkeeping or Accounting Software

Discus and support Bookkeeping or Accounting Software in Windows 10 Installation and Upgrade to solve the problem; What’s the Difference Between Bookkeeping and Accounting? Which accounting software would you recommend for an SME Why?... Discussion in 'Windows 10 Installation and Upgrade' started by SimaSingh1, Oct 6, 2020.

  1. SIMASINGH1
    SimaSingh1 Win User

    Bookkeeping or Accounting Software


    What’s the Difference Between Bookkeeping and Accounting? Which accounting software would you recommend for an SME Why?

    :)
     
    SimaSingh1, Oct 6, 2020
    #1
  2. SIMASINGH1
    SimaSingh1 Win User

    Bookkeeping or Accounting Software

    What’s the Difference Between Bookkeeping and Accounting? Which accounting software would you recommend for an SME?
     
    SimaSingh1, Oct 6, 2020
    #2
  3. DAVEM121
    DaveM121 Win User
    Bookkeeping or Accounting Software

    Hi Sima

    I am Dave, an Independent Advisor, I will help you with this . . .

    Accounting is the process whereby a company's financial records are recorded, analyzed, consulted on and summarized

    Bookkeeping is the recording of the financial transactions of the business - Income and Expenditure

    So basically, Bookkeeping is part of the Accounting process . . .

    The most popular bookkeeping software at the moment is Quickbooks, because it is easy to use and very powerful, but there are many, many more applications available

    Depending on the amount of data to be collected, and how much of the setup process you are willing to do, you can also use Excel for all your needs, it just requires you to set up the spreadsheets initially to suit your needs, you would need knowledge of formula
    and maybe some VBA . . .
     
    DaveM121, Oct 6, 2020
    #3
  4. SIMASINGH1
    SimaSingh1 Win User

    Bookkeeping or Accounting Software

    Bookkeeping or Accounting Software

    Hello @DaveM121

    So is it possible to used cloud accounting software utilize for bookkeeping? Like wise you mentioned(income tax & other stuff).
     
    SimaSingh1, Oct 6, 2020
    #4
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Bookkeeping or Accounting Software

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