Gain financial insights through reporting As opposed to having to generate financial reports yourself, accounting software includes built-in reports that automatically pull in data from the relevant accounts. The balance sheet report, for example, focuses on your equity, assets and liabilities accounts. Other key reports include the cash flow statement, which helps you visualize how…
The article What Is Accounting Software? Definition and Features originally appeared on NerdWallet.
https://www.nerdwallet.com/article/small-business/what-is-accounting-software
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