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Business can be divided into different best accounting software, including business accounting, management accounting, external auditing, taxation system, and price accounting. Business information systems are designed to help business purposes and similar activities. The business system focuses on the news of the organization's business data, including the planning of financial statements, to the external users of this data, e.g., investors, regulators, and suppliers; and management accounting focuses on the measurement, analysis, and reporting of data for the internal purpose by the organization. This recording of business transactions, so that summaries of these financials may be represented in business accounts, is called accounting, of which double-entry accounting is the most common system.

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