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Name the various categories of accounting package - Accountancy

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प्रश्न

Name the various categories of accounting package

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उत्तर

There are three categories of accounting package, mentioned as follows:

a. Ready-to-use Software or Readymade Software - This is a general software which has a less number of the features which are of the basic in nature.

b. Customized Software - The software can be customized based upon the type of the industry or the segment.

c. Tailor-made Software or Tailored Software - The tailor made sore are based on the specifications and requirements of any particular company.

The component are as specified by the company.

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