ACCOUNTING PACKAGE/SOFTWARE Definition

ACCOUNTING PACKAGE/SOFTWARE, usually, is a commercially available software program or suite that, with little customization, will satisfy the accounting system needs of the purchasing entity.

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UNEARNED REVENUE / INCOME represents money that you have received in advance of providing the goods or services to your customer. Unearned revenue is a liability of your business until you provide the goods or services you agreed to provide to the customer.

INVESTMENT VALUE is the value to a particular investor based on individual investment requirements and expectations.

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