An accounting system is a system used by an organization, such as a business, to track its financial transactions. This allows the managers and owners of an organization to check its overall financial status, which allows for better planning and decision-making. In common usage, the term “accounting system” has come to refer to any of a number of brands of accounting software and enterprise resource planning (ERP) systems. While accounting systems may have a number of different features, such as modularity, customization, and mobile access, they all do a number of similar operations.…