text: what is an accounting software package and what are the advantages and disadvantages of using a package? compare an accounting software package to a bespoke programme advantages of using a package  1) tried and tested by many users, so likelihood of bugs lower 2) cheaper than bespoke program 3) shorter implementation time disadvantages of using a package 1) lesser flexibility in customization (reports, modules etc) 2) may not be suitable for specialized industries which has special accounting needs (quite rare) quickbook is quite a good package. it's pretty affordable. bespoke prog like jd edwards are quite pricey.