Small businesses, no matter how small, in fact because they are small, need to account for their financial transactions carefully: small businesses need accounting software.
Since accounting has many subdivisions, such as sales, banking, payroll, but your small business may not require accounting of all these concerns, you will want to obtain that software which satisfies only your business requirements, especially if you’re purchasing the software as opposed to getting free software (which is available if you search for it).
While you’ll start off by obtaining only those accounting subdivisions you must have, you’ll also want to anticipate future growth and diversification; you’ll want to start with an accounting software package that can be expanded from a basic set of necessary functions to include those you expect to need in the future as your business grows and diversifies.
When reviewing what accounting software packages are out there in the market, ascertain that first, the package comes in modules that can be custom combined, and, second, that you can purchase and use the modules without having to obtain all parts. An extremely good accounting package that gives precisely this versatility is “Microsoft’s Office Accounting Express (2007-2009)”, an accounting software package you’ve got to see to believe.
When we think about Microsoft, we think paying for whatever software they’re selling, but here’s the good news: if you happen to consider purchasing Microsoft Office Accounting Express when they’re having a market push, you can probably get their basic package for free!
We’re talking about an accounting software system that is tailored for small businesses, that starts you off with a sophisticated basic package what will not only allow you to account for one small company, but for many small companies, that is especially suited for eCommerce (they’ve got a Paypal component that integrates its sales, accounts payable, and accounts receivable with your Paypal account).
It also provides the essential accounting functions that handles either a sales or services company and that can be further built upon. The last point is the catch (not a regrettable one if the basic stuff is free). You’ll have to pay for additional modules and upgrades thereafter, at least as it now stands.
Still, look at what you get for the basic system: a complete accounting system that handles basic financial accounting, including accounts payable, equity accounting, accounts receivable, sales, fixed assets, banking, vendors, online sales (wow!), and all the reports you’ll need for even a medium-size business. This is just the “Express” accounting system; the upgrade is the “Office Accounting Professional”.
It will allow you to handle employees, inventory, project management, multi-user sharing, and foreign currency sales. This system will take your accounting practices from a small to a medium-size business with ease at a cost you cannot afford to ignore.
Finally, we’re talking about an accounting software system that is so user-friendly, even those who have no experience in accounting will find it easy to use. It’s graphic interface is truly artful, and it’s help and documentation makes it the perfect accounting system for those with little or not accounting background.
Go to Microsoft’s site and check it out for yourself. If you’re on time, maybe the free Express edition is still available. Microsoft and free? This must be a revolution in the software industry. Don’t be left out. Go now!