Accounting Software Resources
Articles, Glossary Terms, Discussions, and Reports to expand your knowledge on Accounting Software
Resource pages are designed to give you a cross-section of information we have on specific categories. You'll find articles from our experts, feature definitions, discussions from users like you, and reports from industry data.
Accounting Software Articles
What is Contract Management and Why is It Important?
Contracts govern almost every interaction between businesses.
by Mary Clare Novak
How to Calculate Cost of Goods Sold (COGS): A Complete Guide
Understanding your costs is essential for sustaining profitability in manufacturing.
by Devin Pickell
Top 9 Free Invoice Management Software for 2024
Unpaid invoices haunting your dreams? Managing multiple clients and tracking expenses can turn into a nightmare for fast-growing small businesses. You might find yourself spending hours creating client invoices, approving vendor bills, tracking your payments, and managing financial records rather than focusing on the heart of your business.
by Soundarya Jayaraman
W-9 vs. 1099 Forms: What's the Difference?
Is there anything more confusing or nerve-wracking than doing your own taxes?
by Lauren Pope
History of Accounting: How It's Evolved Over the Years
There’s a good chance you’ve never covered this in your accounting classes.
by Rob Browne
Free Balance Sheet Template for Easy Accounting
Accounting doesn’t excite most business owners.
by Sudipto Paul
Venture Capital: What It Is, How It Works, and Types
The startup trend is showing no signs of slowing down.
by Mary Clare Novak
How to Calculate Your Gross Profit and Gross Margin
When measuring the profitability and sustainability of your company, you need to know your gross profit and its margin.
by Devin Pickell
11 Best Accounting Software in India for 2023
With digital transformation at the core of India’s workforce today, modern technology has brought game-changing software solutions to the accounting world.
by Tanuja Bahirat
What Is Accrual Accounting? How It Works, Pros, and Cons
In 1916, a new form of accounting revolutionized the way we work.
by G2 Staff
Introducing the Returns Management Category on G2
It’s safe to say that almost everyone has returned a product that they bought, either in-store or online. The reason for the return isn’t relevant—maybe a shirt didn’t fit, a toy arrived damaged, or they just decided they didn’t want the merchandise anymore. Whatever the reason, the retailer or manufacturer needs to have the proper return infrastructure in place to process and track these returns, ensuring that inventory is replenished or updated, and the customer receives a replacement product or a refund or credit is issued.
by Nathan Calabrese
What Is a General Ledger (GL) and Why Does Every Company Need One?
Any organization with an inflow and outflow of funds (debits and credits)—income, donations, depreciation, or expenses—needs to record and track these transactions. The goal is to prepare the company’s financial statements and hence, gain insight into the financial status.
by Nathan Calabrese
Some Well Known (and Lesser Known) Facts About GAAP
I’m sure many people have heard the term GAAP used in one conversation or another, but unless you are a seasoned accounting or finance professional, you might know little about these important regulations, besides what the acronym stands for.
by Nathan Calabrese
22 Basic Accounting Terms Every Small Business Owner Needs to Know
It takes a lot to run a business.
by Mary Clare Novak
2021 Trends in Accounting and Finance
This post is part of G2's 2021 digital trends series. Read more about G2’s perspective on digital transformation trends in an introduction from Michael Fauscette, G2's chief research officer and Tom Pringle, VP, market research, and additional coverage on trends identified by G2’s analysts.
by Nathan Calabrese
The Role of Artificial Intelligence in Accounting
Accounting is one of the most important, yet daunting and expensive departments in almost all companies.
Accountants oversee all financial operations of a business to help it run smoothly and efficiently. These include preparing and analyzing financial statements (e.g., cash flow, income statement, balance sheet), paying taxes on time, and maintaining the companies’ general ledger (GL). All these tasks require a great deal of human interaction that takes time and money; no matter how careful an employee may be, there is always the chance for human error, which could snowball and lead to devastating financial results in the future.
by Nathan Calabrese
The Importance of Accounts Payable (AP) Automation
The phrase “time is money” has never been more true than it is now.
by Nathan Calabrese
Key Components of Accounting Automation
No matter how dry or stale people think accounting and finance is, these functions are vital to the health of any company. Felipe Torres, a financial analyst at G2, further explains that finance and accounting functions “...help us prepare for the future and drive strategies that ensure we're maximizing our potential.”
by Nathan Calabrese
Financial Forecasting: The Crystal Ball of Your Business
With the power of math and hindsight, you no longer need to sell your soul to demonic forces in order to predict the future.
by Piper Thomson
What Is a Current Ratio? (+ The Current Ratio Formula)
No matter what sort of business you operate, it’s always a bad feeling to run out of cash.
by Mara Calvello
13 Accounting Principles Essential to Financial Accounting
Financial accounting is no easy subject to unpack.
by Rob Browne
What Is Cash Basis Accounting? (+When You Should Use It)
The products and services your company provides are your lifeblood.
by Rob Browne
What Is Cost of Debt? (+How To Calculate It)
Spontaneity makes life fun and interesting, but when it comes to finance, whims aren’t so great.
by Maddie Rehayem
Share to Grow: Why and How Companies Use Equity Capital
It takes a village to raise a child, and it often takes stockholders to lift a company off the ground.
by Maddie Rehayem
Using Project Portfolio Management (PPM) to Determine Value
A portfolio is a collection of your best work, put forth in the hopes of making a positive impression.
by Grace Pinegar
Accounting Software Basics (+ Some Key Features to Look For)
Most business owners know that accounting is one of the most important aspects of running a company.
by Devin Pickell
What Is Debt to Equity Ratio and How Do You Calculate It?
The goal of the debt to equity ratio is to provide interested parties with a number representing how risky a company’s current financial position is.
by Patrick Szakiel
Accounting Software Glossary Terms
Accounting Software Discussions
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Question on: Sage Intacct
What is cloud accounting?
Cloud accounting
Cloud accounting is a bit different than "typical" accounting in the sense that "cloud" means the server which holds the data are located off site, typically by a "host".
Prior to the cloud, accounting data would be stored "on premise" - which means the information in your accounting software would be stored on a server that is hosted on site, typically within your building, it could even be stored directly on your computer.
By going to cloud, you no longer have to host servers on site which takes up room and costs money to maintain. Cloud frees up physical space by not having servers store the information in your facility. This allows multiple authorized users in different locations to access, send, and receive data.
Some people are concerned that cloud isn't as secure as on premise and that cloud is more prone to security breaches. However, to determine if that is the case, it would be wise to look further into advancements in cloud technology, since every few months the technology and security tends to increase.
The most simplified version of an example of cloud is the internet. Anytime we use the internet we are pulling information through servers that are located in facilities throughout the US via the "cloud". We don't have the information of the internet stored on our computers, our computers simply pick up the data from the cloud and then relays the information onto our screen.
If you have any questions about accounting software, please feel free to reach out!
Jesse Kozazcki
Brainsell
978-887-3870
Cloud accounting provides the same functionality as on-premises accounting software—with a crucial difference: cloud accounting software connects through the Internet to run on remote, vendor-managed servers. The user works from a web-based interface and data is sent into the cloud (i.e. the Internet), where it is processed and stored on a remote infrastructure. The results are then sent back to the user. All accounting functions take place off-site, not on the user's computer.
Cloud accounting eliminates the need for the customer to install, manage, and maintain software and hardware devoted to accounting or perform data backups. All of those functions are managed by the cloud accounting vendor. That frees IT personnel to devote their resources to other initiatives. What’s more, cloud accounting facilitates easier, secure information sharing by employees in other departments, branch offices, subsidiaries, auditors, and regulators as needed.
Cloud accounting typically uses subscription-based or usage-based pricing (e.g. per-user/per-month.) Users can access the software from any location and from most any connected device, including smartphones and tablets.
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Question on: BQE CORE
What is the subscription cost of Core?
Subscription Cost
BQE Software charges subscribers monthly depending on the type of package and you can choose to pay monthly, quarterly or yearly. All the plans and pricing options are available on the Core website.
Yes. BillQuick gives you the ability to customize the labels, screen titles and custom fields to meet the specific needs of your company. This is accomplished from the Custom Labels screen located under the Settings menu.
BillQuick stores all the company data in a single data file. The file has an extension of MDB. The file name is always displayed at the bottom status bar of the BillQuick screen. If you have archived your data, then you must backup the archive file too. The name of the archive file is same as your data file with a different (.ar*) extension. BillQuick Enterprise edition allows you to create data files on SQL server. Such files should be backed up using the SQL server backup utility.
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Question on: BQE CORE
How safe is my data in Core?
Core Data Collection
We take all precautions to keep your information safe and secure. Our state-of-the-art redundant server cluster is hosted and professionally managed by Rackspace, a recognized leader in high-end hosting.
BillQuick stores all the company data in a single data file. The file has an extension of MDB. The file name is always displayed at the bottom status bar of the BillQuick screen. If you have archived your data, then you must backup the archive file too. The name of the archive file is same as your data file with a different (.ar*) extension. BillQuick Enterprise edition allows you to create data files on SQL server. Such files should be backed up using the SQL server backup utility.
Accounting Software Reports
Mid-Market Grid® Report for Accounting
Fall 2026
G2 Report: Grid® Report
Grid® Report for Accounting
Fall 2026
G2 Report: Grid® Report
Enterprise Grid® Report for Accounting
Fall 2026
G2 Report: Grid® Report
Momentum Grid® Report for Accounting
Fall 2026
G2 Report: Momentum Grid® Report
Small-Business Grid® Report for Accounting
Fall 2026
G2 Report: Grid® Report
Enterprise Grid® Report for Accounting
Summer 2026
G2 Report: Grid® Report
Small-Business Grid® Report for Accounting
Summer 2026
G2 Report: Grid® Report
Mid-Market Grid® Report for Accounting
Summer 2026
G2 Report: Grid® Report
Grid® Report for Accounting
Summer 2026
G2 Report: Grid® Report
Momentum Grid® Report for Accounting
Summer 2026
G2 Report: Momentum Grid® Report






































