Provide reasoning and examples for how accounting software is useful in making sound business and financial decisions.
Instructions: Please utilize the information you have learned so far in this class and your prior accounting courses to complete this memo. You are to write a memo to a client who just recently started their business. They are interested in using accounting software to help improve their decision making. What options exist to help companies make better financial decisions? Does the size of the company impact the use of accounting software?
Provide examples and suggestions to your client of the various forms of accounting software or supporting software we have seen in this class, such as Excel, the Integrated Accounting ledger software, QuickBooks, or ADP. Feel free to provide examples of real companies in your explanation and how accounting systems might benefit their business decisions.