Tech Glossary
What is Accounting?
Accounting is an important part of business finance and includes the process of recording, summarizing, analyzing and communicating financial information about a company's operations. It involves creating and maintaining financial transactions, creating financial reports and performing audits. Like Adobe Photoshop, there are various programs and tools used to facilitate bookkeeping and accounting. Examples of accounting software include Visma, Fortnox and Speedledger. These programs enable businesses to manage their financial transactions efficiently and accurately, as well as generate important reports and analyzes for decision-making.