Simply put, accounting is a business lifestyle. Accounting deals with the summary, analysis and reporting of financial data and business information. The accounting software records and processes its business activities in its functional modules. Financial statements of the balance sheet, the profit and loss account and the changes in the financial position can be easily prepared using accounting software
The accounting software is about the various functional modules. Some of them – a general ledger for the company's financial activities; Payable bills on which the company's accounts are paid and their debts are paid;
Different categories or types of accounting software are:
(a) Small business / personal accounting software designed primarily for home users. They are simple and inexpensive with simple operations such as budget management.
(b) Low end-counting software refers to small business markets that are capable of serving a single national market. Such software is characterized by "single entry" products.
c) Medium Market Accounting Software for Large Enterprises. These software are able to serve the requirements of multiple national accounting standards and facilitate accounting in multiple currencies.
(d) High-level accounting software is a complex and expensive business accounting software, also known as Enterprise Resource Planning or ERP Software  However, certain things have to be kept in mind before purchasing accounting software, such as software prices, features, after-sales support, and both. Most accounting software contains all the important accounting modules. The more special features a software is, the more expensive it will be. Software features must be compatible with your business. After-sales support is also important as FAQ, local service center, and so on.
There are a number of excellent accounting software available in each category. So it's not easy to pick the best ones. Below are the five most important accounting software for each category
. Small Business / Personal Accounting Software:
1.ePeachtree (Best Software)
2.MYOB Plus for Windows (MYOB Software)
3.Peachtree Full Accounting (Best Software)
4.QuickBooks Online Intuit)
5.Small Business Manager (Microsoft)
B. Low Accounting Software:
1.BusinessVision 32 (Best Software)
2.MAS 90 & MAS 200 (Best Software)
3.QuickBooks Pro 2003 (Intuit)
4.ACCPAC Pro Series (ACCPAC International)
5.Vision Point 2000 (Best Software)
C. Close Market Accounting Software:
1.ACCPAC Advantage Series Corporate Edition (Best Software)
2.Great Plains (Microsoft) MAS 90 & MAS 200 (Best Software)
3.Navision (Microsoft)  4.SouthWare Excellence Series (SouthWare)
D. Excellent Accounting ERP Market:
1.Axapta (Microsoft Software)
2.e-Business Suite (Oracle)
3.MAS 500 (Best Software)
4.Solomon (Microsoft) 19659002] 5.ACCPAC Advantage Series Enterprise Edition
The compilation of the above list includes a number of factors, such as customer feedback, software scalability, and after-sales support. In addition, different attributes of different categories were considered to be ERP software, attributes such as manufacturing solutions, supply chain solutions, and database solutions. The above compilation does not necessarily involve everything, and some may choose to be different, but close to the perfect list.