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What is Accounting Software?

An accounting software assists businesses by recording and reporting their financial transactions. In the eCommerce industry, it is used by businesses to keep a record of receipts and invoices, view cash flow, track taxes, and manage customers. Generally, eCommerce businesses rely on a third-party provider for accounting software that charges a fee in exchange for the services. Some of the popular accounting software are QuickBooks, MYOB, and FreshBooks.

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