It has been suggested that this article or section be merged into Comparison of accounting software. (Discuss) This article does not cite any references or sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (May 2007) Accounting software is application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll, and trial balance. It functions as an accounting information system. It may be developed in-house by the company or organization using it, may be purchased from a third party, or may be a combination of a third-party application software package with local modifications. It varies greatly in its complexity and cost. The market has been undergoing considerable consolidation since the mid 1990s, with many suppliers ceasing to trade or being bought by larger groups. Contents 1 Modules 2 Implementations 3 Categories 3.1 Personal Accounting 3.2 Low End 3.3 Mid Market 3.4 High End 3.5 Vertical Market 3.6 Hybrid Solutions 4 Use by Non-Accountants 5 History 6 See also 7 References