The traditional accounting system generally requires to keep all the income as well as the expenditure that includes the records of the assets that has been purchased, the value that the stocks are having when the accounting period is over, payments made to the employees, cost of the business vehicles along with the travel cost, interest in building of the society and last any other type of incomes are also to be declared (Ionescu et al., 2013). This type of software can also be used by the accounting software