Most accounting software packages offer the same basic features necessary for managing finances: A/R,A/P,general ledger,billing and invoicing,purchase and sales orders,and reporting.

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Quizplus · Accepted Answer

This statement is true. Most accounting software packages do offer the basic features necessary for managing finances such as accounts receivable, accounts payable, general ledger, billing and invoicing, purchase and sales orders, and reporting.

Most Accounting Software Packages Offer the Same Basic Features Necessary