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: QuickBooks Online
What are 3 benefits of the online invoicing feature within QuickBooks online?
What are 3 benefits of the online invoicing feature within QuickBooks online?
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Here are three benefits of the online invoicing feature within QuickBooks Online:
Save time and money. Online invoicing is much faster and more efficient than traditional paper invoicing. You can create and send invoices in minutes, and track payments in real time. This can save you a significant amount of time and money, especially if you send a lot of invoices each month.
Get paid faster. Online invoices are more likely to be paid faster than paper invoices, because customers can pay them directly from their email or mobile device. QuickBooks Online also offers a number of features to help you get paid faster, such as automated payment reminders and online payment processing.
Improve customer service. Online invoicing is more convenient for your customers, and it can help you to improve your customer service. Customers can easily view and pay their invoices online, and they can also track their payment history.
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Faster Payments
Real-Time Tracking
Automation & Accuracy
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Question on: NetSuite
Is NetSuite an accounting software?
Is NetSuite an accounting software?
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In my opinion is the best software for Accounting.
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Netsuite is a business management system, with a complete functionality of solutions among which stand out as ERP, CRM, PROJECTS, INVENTORIES, INVENTORY MANAGEMENT, CLIENTS, SUPPLIERS.
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Netsuite is overall ERP system and controls end to end operations like P2P
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Yes. It tracks inventories, sales, A/R, A/P etc.
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Question on: Wave
How does Wave Software make money?
How does Wave Software make money?
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On payments they take a percent just like all payments services. They give the accounting platform away for free because they know at least some people will come for the free accounting software and end up using the payments service anyways since it’s easy and nicely integrated.
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Accounting Software Reports
Mid-Market Grid® Report for Accounting
Spring 2026
G2 Report: Grid® Report
Grid® Report for Accounting
Spring 2026
G2 Report: Grid® Report
Enterprise Grid® Report for Accounting
Spring 2026
G2 Report: Grid® Report
Momentum Grid® Report for Accounting
Spring 2026
G2 Report: Momentum Grid® Report
Small-Business Grid® Report for Accounting
Spring 2026
G2 Report: Grid® Report
Enterprise Grid® Report for Accounting
Winter 2026
G2 Report: Grid® Report
Small-Business Grid® Report for Accounting
Winter 2026
G2 Report: Grid® Report
Mid-Market Grid® Report for Accounting
Winter 2026
G2 Report: Grid® Report
Grid® Report for Accounting
Winter 2026
G2 Report: Grid® Report
Momentum Grid® Report for Accounting
Winter 2026
G2 Report: Momentum Grid® Report






































