Impact of Characteristics of Accounting Software on Business Performance of Small and Medium Scale Enterprises (SMEs) in Kurunegala District, Sri Lanka

Abstract

Most of Small and Medium Enterprises (SMEs) tend to use Computerized Accounting Systems in their business operations as a result of rapid growth in technology parallel to the today’s global developing trend. Consequently, it is mostly advantaged for their routine business operations and business performance. Therefore, this research study's main purpose is to assess the impact of Characteristics of Accounting Software on business performance of SMEs of the Kurunegala district to fill the knowledge gap in this research area. Primary data were employed and collected through a questionnaire. Convenient sampling method was used to select 150 SMEs who used the Accounting Software in Kurunegala district. Obtained data were analyzed using the SPSS Software Package. . The overall research findings of the study indicated that the characteristics of accounting software and business performance were high level in selected SMEs in Kurunegala district. Also, the study indicates that there is a positive, significant relationship between characteristics of accounting software and business performance.