The use of accounting software has become an soul to body relationship these days, as due to its affordability and correctness. Though there are bunch of accounting software /packages in Australia but still business finds it difficult in choosing the best one from the all the high rated Accounting Packages/ Software. Though there are some limitation to each of the accounting packages but each has its own working zone. This study is about the history, development and adoption of the accounting software/packages used in Australia. The literature review explores some most commonly used packages and identifies the reason for choosing them. The review also tries to find out the difficulties and challenges experienced by the business while choosing an accounting packages and the reason and remedies of this challenges. Further the organization current structure of accounting software and the change in such accounting software by developing and adoption of new accounting software package is also reviewed.