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Accounting software is application software that records and processes accounting
transactions within functional modules such as accounts payable, accounts receivable,
payroll, and trial balance. It functions as an accounting information system. It
may be developed in-house by the company or organization using it, may be purchased
from a third party, or may be a combination of a third-party application software
package with local modifications. Year Ending Process takes place at the end of
every financial year (31ST March).Final balance sheet be available for company accounting
review.
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