COMPARATIVE STUDY ON TAX COMPLIANCE SOFTWARE

Pooja Mhetre, Pooja Mutha, Vaidehi Lad

Abstract: Market place as it is commonly known, is a centralised location that has a host of generic customised programs/extensions, in addition to other accounting products and upgrades, Our Tax Compliance system would be an internet based software. It is an application like Gmail, Facebook which can run on any browser and on any devices. For any organization our software will be serving as an online application (web based- using cloud) to store the data in accounting format and generation of reports in standardized format. Though so many accounting softwares are available in the market, they are lacking in some features. so the comparative analysis is required to determine which software holds the best market position. By doing the analysis it is essential to overcome those drawbacks and to design the product which comprises of all the necessary features. So the proposed system „BOOKSOFACCOUNTS" will serve as an efficient accounting software.

Keywords: Accounting, Inventory, Taxation, Payroll system

DOI: https://doi.org/10.15623/ijret.2014.0310012