The Best Accounting Software Systems Essay Example | Topics and Well Written Essays - 250 words

The Best Accounting Software Systems - Essay Example The software is best for small and medium-sized businesses because first of all, it prides itself with a very easy to use system where you can do almost all accounting job done from calculating payroll checks with correct federal, state, and local taxes, keep track of employees’ pay records including vacation and sick leaves, produce accurate payroll register reports, calculate and print employees W2, W3, 1099-M at the year-end, create direct deposit files and a lot more! Computer specifications to get the most of the software would be at least 1gb RAM, 600 MB of free disk space, and preferably Windows Server 2003. What is great about this is that prices start at $249 only depending on the package you need (Accounts Receivable, Accounts Payable, Direct Deposit, n.d.) The second alternative to payroll accounting system would be Andica software manufactured by Andica which is suitable for all types of businesses because it complies with the latest government legislation that would be sure to allow payments of salaries and at the same time be able to monitor the deductions by allowing you to do statutory calculations without being an accountant. Also, what is great about this software is that you can immediately view employee data on the screen and would give you an organized file in easy to follow reports. Some of its essential features are as follows: calculation of PAYE, National Insurance Contributions, Statutory Payments such as Statutory Sick Pay SSP, Statutory Maternity Pay SMP, Statutory Paternity Pay SPP, Statutory Adoption Pay SAP, students loan deductions and perform a range of other payroll functions.