Accounting software at a minimum keeps track of financial transactions. Core functionalities include general ledger (GL), accounts payable (AP), and accounts receivable (AR). Common additional functionalities include payroll, billing, and inventory management. EasyVote’s EasyCampaignFinance module is a comprehensive campaign finance software package that provides election offices with a robust, easy-to-use online tool to automate the filing and management of the necessary forms for candidate eligibility and campaign finance reporting designed to meet state requirements. Aristotle’s Campaign Manager™ provides the ability to take contribution data and deploy it on a powerful campaign management platform. The campaign reached its full potential by combining the campaign’s accounting, fundraising, and compliance efforts into one seamless platform.

There’s a large quantity of accounting software and financial management products on the market today. Specially designed accounting systems are available for nearly any permutation of organization size, and industry you can think of. From a small-business that may require an off-the-shelf option to a larger enterprise that desires a vast amount of customization, this buyer’s guide will cover everything you should care about when reviewing accounting systems.

Political Campaign Software NationBuilder. NationBuilder is the world's most used software for politics. Web-based campaign website builder, loaded with tools to win your campaign. GovPredict Moneyball. Moneyball is the most complete database of campaign contributions in. It features full political accounting tools to track income and expenses and keep your books in order, but integrates contact management, volunteer coordination, campaign finance disclosure reporting, and supports transaction types (like in-kind donations, supporting and opposing expenditures) and specific entities (like Individuals, Committees and PACs) that are specific to campaign finance and not offered in standard accounting software.

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This guide will provide you with information on the following topics:

What Is Accounting Software?

Many industries have customized functionalities/requirements like fund accounting for nonprofits, job costing for construction firms, or DCAA compliance for government contractors. In larger organizations, the terms “accounting software” and “ERP” are often used interchangeably.

Accounting Software Features

Accounting software has features and functionalities that can be broken down into basic categories, such as common (typically found in all accounting software), industry-specific (only found in certain types of accounting software), and advanced (only used by mid-sized to larger businesses). While many top accounting software features exist to benefit your business, lets focus on some of the essentials.

Common Features

Feature	Description
Core accounting	Tracks revenues and expenses. Includes modules such as accounts payable, accounts receivable, and a general ledger.
Payroll	Manages employee compensation: wage calculation, ACH deposits, check printing, and compensation tax reports
Billing & invoicing	Create, send, and manage outbound invoices for client work.
Fixed asset management	Track, depreciate, and amortize large company assets. With standard or custom decay models.
Inventory management	Record inventory as current assets on the balance sheet. Track the cost of goods sold on your income statement.

Industry-Specific Features

For some industries, some of the common components above are referred by a different name. Sometimes with different functionality.

Feature	Common Industry	Description
Fund accounting	Nonprofits, government agencies	Core accounting for companies that are funded by donations and/or grants. Emphasizes accountability to donor/grant requirements over profitability.
Job costing	Construction, manufacturing	Track costs/accounting/profitability on a job-by-job (project-by-project) basis. Often called construction or project accounting.
DCAA compliance	Government contractors	Defense Contract Audit Agency (DCAA) compliance. Specific accounting standards for government contractors as required by the Department of Defense

Advanced Features

As accounting systems get more advanced, they tend to include more specialized industry components, but here’s some common advanced components for all industries

Feature	Description
Budgeting	Provides coordination for the creation and management of detailed corporate financial plans, which estimate a company’s future revenues and expenses.
Business Intelligence (BI)	Reports on finances, personnel, operations, and more. “Intelligence” can range from simple reports to historical and predictive analysis.
Currency Exchange	Allows organizations to manage international cash, trade for currency of choice, and view reports in single consolidated currency value.
Bank reconciliation	Imports bank records, often in real time, and attempts to auto-match bank and accounting records
Customer Relationship Management (CRM)	Manages customers and prospects to aid marketing, sales, and customer service efforts

What Does Your Business Need?

The recently published Accounting Software Buyer Trends report reviewed more than 3,000 accounting software projects and found the needs and motivations of many buyers. While many types of buyers exist, most can fit into these common categories below.

New buyers and small businesses: 37% of the companies we surveyed are buying accounting software for the first time. Many small businesses were looking for increased functionality over their current methods, which ranged from a manual bookkeeping method (pen and paper) to a popular starter solution such as QuickBooks or Sage 50c (Peachtree).
Existing users desiring functions beyond core accounting: Over 20% of buyers said they need software that handles payroll, inventory, and invoicing.
Large companies: Businesses with 50+ employees are more commonly shopping for ERP software options that will include a full suite of functionalities to go along with their accounting. More than 70% of large businesses surveyed desired software that handles budgeting/business intelligence (BI) and fixed assets. Larger businesses also expressed desires for functionality such as fund accounting and procurement.

Popular Accounting Products

With how many accounting solutions exist on the market, it can be hard to decide which one is right for you. Many small businesses will start with an off-the-shelf product that has a small barrier to entry, such as being affordable and easy to learn. For many, that solution is Quickbooks.

The above video demonstrates the use of Quickbooks for accounting purposes and offe

Political Campaign Accounting Software