Q.Customised Accounts software.

Customised accounting software is ready-made software that has been altered (or software built afresh) to suit the special needs of a particular organisation. It fits businesses whose requirements are not met by standard packages, offers better flexibility, but is costlier and needs more training than ready-to-use software.

This concept is from the computerised-accounting-system chapter of the AP Inter 2nd-year (Class 12) Accountancy syllabus, which aligns with the NCERT/CBSE commerce curriculum.

Accounting software is broadly of three types: ready-made (readily available, standard packages for small businesses), customised, and tailor-made. Customised accounting software is a standard package that has been modified or a program developed to suit the specific requirements of a particular business. When a ready-made package does not fully meet a firm's needs, the software is customised by adding or changing features to match the firm's way of working. Such software is suitable for medium-sized and growing businesses, provides greater flexibility and relevant reports, but …