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Depending on your development resources and budget you may want to develop your own inhouse accounting software rather than buying a standard package. Consider though, that if you go with a modular software system with cusomizable features, you may lower the cost of the project.
A custom software tip: Consider three factors when deciding whether to buy a tool, or develop one yourself: Time, Features, Cost. If the cheaper cost of developing your own custom software is going to leave you with a long development time and fewer features then clearly, you are going to want to purchase a software tool.
|Jennifer Mathes, Ph.D.|