Is an in-house developed software program that is stored on a company's computer, network server, or remotely accessed via internet and it can be a great benefit for a business. It helps to minimize the error. The advantages of monarch accounting software are UP-TO-DATE INFORMATION, SPEED, ACCURACY, DATA ACCESS, RELIABILITY, SECURITY, COST SAVING, and AND HIGHLY CUSTOMIZATION. In this system of accounting, we use computer and different accounting software for digital record of each transaction. Computerized accounting programs reduce staff time doing accounts and reduce audit expenses as records are neat, up-to-date and accurate. Enhance and create changes based on client’s preferences.