Accounting and Payroll Software – Industry Jargon Defined


Just as your business has its own jargon or industry-specific terminology, so does the software industry! If you are attempting to find an accounting or payroll software program, the chance of listening to those terms is reasonably high. Be organized to speak with software representatives by understanding those key terms, and you will have a better threat of your desires being understood and met.

Travel Knowledge

Application: This term is used to consult a software program, as in That utility works well for processing invoices.

Compatible: Where the software program is concerned, consistency refers to whether packages can include paintings nicely and exchange information together. Is this new payroll system well-matched with the time clock we are already using? This can also determine whether this software program can run on a specific computer.

Customizable: There are references to “customizable” within the software world. The first is the capacity to modify a program’s settings to fulfill your specific wishes, including or omitting statistics fields or growing and saving your templates for later use. The 2nd use of this period refers to open supply code products. When customizing an available supply product, you could honestly change the program’s software code, doubtlessly converting its capability permanently. I like our new software because the bill designs are customizable.


Dashboard: Just as your car’s dashboard indicates you record approximately operating your automobile, a software dashboard displays your most critical menu alternatives and gear for running your software system. This is typically the display screen you notice first while establishing your software. The dashboard inside this device makes it smooth to do my process.

Demo: Of course, this is a shortened model of the word demonstration. A demo commonly allows viewing a software package deal’s capability, whether or not in video layout, guided online or stay tour, or even a tribulation model of the software. The demo helped us learn what it’s like to apply that application.


Driver: A software that, when set up, facilitates your computer apprehend the way to use a hardware device. Once we installed the driving force, we could immediately use the brand-new mouse.

Feature: Options or tools for capability supplied inside a software program software. Our new software program application has more capabilities than our earlier program, permitting us to enter and pull out statistics in a way that fits our company better.

Interface: An interface refers to the direct communication between two software program merchandise. Many accounting software program packages have an interface to payroll software programs, allowing you to submit records with a few easy clicks. The interface can also discuss how software is offered to the person. The user interface for that application makes it clear to navigate and use.

Intuitive: This refers to how easy it is to perform a machine without schooling. The system was so intuitive that I felt at ease with its use after a brief time.

Legacy Products: Just as our ancestors have constructed a legacy, so have the age-antique software program merchandise, which has stood the check of time. In the software world, legacy products have ended up outdated but can also or may not be supported. Though a more recent software program is now available, he chose to live together with his legacy software.

Migration: While you could compare this period with birds flying south, within the software program enterprise, it refers to transferring information from one utility to another. A software program enterprise can frequently migrate your data from an older utility to a more modern one.

Module: This refers to each software program detail that performs an awesome characteristic, commonly every one of which can stand independently without depending on other factors. The software enterprise just delivered a ratios module, significantly enhancing a company’s ability to look where improvements are wished.

Network: An organization of computer systems that could interact with one another. Our software program customers can enter statistics into the identical database because they’re installed as a community.

Operating System: An operating machine is the software program inside a computer that makes it run. Microsoft (for PCs) and Apple (for Macs) are the primary carriers of working systems. I got a new computer with the enterprise’s latest operating device.

Robust: If you suspect espresso while paying attention to this phrase, you are not alone. Rich in the software program world refers to a software bundle’s functions being in-depth and whole. That device is powerful and might certainly cope with our complicated desires.

Support: This one may seem obvious. Most software program organizations offer help plans for their software program products. These assist plans commonly encompass help and trouble-solving for software program customers. Support can be conducted through phone, electronic mail, the net, help documents and motion pictures, and extra, relying on the business enterprise. What kind of aid plans does this software program business enterprise provide for its customers?

User Seats: No, this isn’t the chair you sit in simultaneously while operating your PC. A person’s seat regarding software denotes an impartial person of the software gadget. Each consumer seat provides the functionality for one man or woman to use the machine concurrently alongside others. Therefore, three human beings can be in the identical program running simultaneously when you have three user seats. You will often see the phrase “concurrent” before this period. Two human beings must enter payroll information simultaneously, so we’ll want two consumer seats.


Updates: An update is a brand-new software launch that can repair or decorate a software program. The software program organization recommends all users implement the modern replacement to their software program to ensure easy ongoing operation inside their program.

Version: Software companies frequently provide updates and upgrades to their programs in Version schemes, represented by numbers or letters, demonstrating the significance of what’s being released. I need to download the ultra-modern model of my software because it consists of critical elements that may assist my business. Recognizing these software phrases will guide you to a better understanding throughout your software program search.