What does SACC mean in Software?

Comprehensively Customised Accounting Software

Comprehensively Customized Accounting Software (SACC) is a software tool that accepts input from the business’ point of view, for example a purchase, a sale, an expense, and a bank transaction. The tool translates the input and formats it using Generally Accepted Accounting Principles (GAAP) to produce standard financial reports such as general ledger, account statement, trial balance, income statement and balance sheet for decision making. When required, the tool can send reports and notification to business owners, vendors and customers using SMS and Email technologies.

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