Microsoft Dynamics GP is a mid-market business accounting tool, one of four accounting packages acquired by Microsoft. Microsoft provides accounting software with real-time visibility and performance with meaningful insights and also provides an ERP solution. Dynamics GP helps small and medium-sized businesses to derive better results over their financials, inventory, and operations. The accounting software flexible, configurable, and is designed to grow along with the growth of clients’ businesses.

NetSuite is a cloud financials and accounting tool that couples with core finance and accounting functions to improve business performance and increase financial efficiency while reducing back-office costs. NetSuite accounting solution offers greater flexibility, richer reporting functionality, deepened audit trails and new support for multinational financial management.

The major advantage of accounting solution is that it saves a lot of time over manual bookkeeping. With a computerized accounting system, front end business documents and back end transaction recordings are accomplished simultaneously. For instance, one can create customer invoices, prepare bank deposits and write checks in the program, with the added benefit that the system records each transaction.

FreshBooks is a cloud-driven accounting solution developed by 2ndsite Inc. FreshBooks as a cloud accounting software uses a web-based software as a service model that can be accessed through a desktop or mobile device. FreshBooks accounting software is especially useful for self-employed persons and small and medium-sized businesses.

Zoho Books accounting software offers several functions – contact management, invoices, expenses, sales and purchase orders, project time tracking and inventory management. Zoho comes with automatic bank feeds, collaborative client portal, accounting and taxing, online payments, invoice templates and analytical reports.

Accounting solution is a computer software especially designed for accounting professionals to manage accounts and perform day to day accounting operations. Accounting is a systematized practice, work, or process of communicating and tracking financial data.