how can i develop a new accounting software

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Understand accounting, know how to develop software, define the features you want, and implement them.

There is no universal accounting software, it depends on various customer needs

My first commercial software was for a wholesale bakery - A/R, A/P, and G/L. Then I was an OEM for the major manufacturing accounting software system MCBA, on which I would do custom modifications for our clients in upstate New York. As decepticon said, you first need to understand the principles of accounting. What language you develop it in is pretty irrelevant, but most people expect a pretty standard GUI for presentation, and integration between the modules. You also need a database, of which there are good free ones out there (MySQL, PostgreSQL, etc). In any case, this is a non-trivial undertaking.

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