2. THE MAIN CRITERIA OF SELECTING AN APPROPRIATE ACCOUNTING
SOFTWARE PACKAGE
The objective of selecting accounting software is to match the product features with the
user’s needs. The single most important question is whether the accounting software could be
customized - and if it could, whether the amount of customization it is capable of meeting an
organization’s requirements. Vendor reliability would be also critical. No matter how good a
product is, users still have to rely on the vendor. It is usually advised to avoid vendors with
limited resources. Since a primary objective of any financial accounting system is producing
accurate and reliable financial statements on a timely basis, one should be sure that the
accounting software being considered would produce the kind of financial reports that are