by Small Business Accounting Software | Dec 20, 2025 | Accounting Proram, Terminologies
A feature that allows recording transactions in different currencies. Essential for businesses dealing with international clients or suppliers. Automatically updates conversions based on exchange rates.
by Small Business Accounting Software | Dec 17, 2025 | Accounting Proram, Terminologies
Modules that project future financial outcomes based on historical data and assumptions. They help businesses plan budgets, manage cash flow, and prepare for growth. Useful for scenario analysis.
by Small Business Accounting Software | Dec 14, 2025 | Accounting Proram, Terminologies
Functions that allow movement of information in and out of the software, often through spreadsheets or APIs. Useful for migrating data or integrating with other systems. Promotes flexibility and continuity.
by Small Business Accounting Software | Dec 12, 2025 | Accounting Proram, Terminologies
Notifications triggered when certain thresholds or deadlines are met, such as tax filing dates or spending limits. Keeps businesses in line with legal and regulatory requirements. Prevents penalties and improves governance.
by Small Business Accounting Software | Nov 16, 2025 | Accounting Proram, Terminologies
Transactions are recorded instantly into the general ledger without waiting for batch updates. Provides up-to-date financial data. Supports faster decision-making.
by Small Business Accounting Software | Nov 4, 2025 | Accounting Proram, Terminologies
Tracks purchases, depreciation, and disposals of long-term assets like equipment and buildings. Automates depreciation calculations. Ensures compliance with accounting standards.
