Accounting Software – Which One Should You Choose
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Accounting Software – Which One Should You Choose. Who hasn’t heard of accounting? I guess, nobody. This is the part any normal, functioning business should have to deal with the company’s money and investments. Its history goes back to ancient Greece, where a primitive type of accountants existed.
Accounting’s modern history dates back to the beginning of the 19th century, when the big companies emerged. Initially, and by initially I mean up to twenty years ago, the entire process was done by hand and pencil. This changed wi...
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Who hasn’t heard of accounting?
I guess, nobody. This is the part any normal, functioning
business should have to deal with the company’s money and investments. Its
history goes back to ancient Greece, where a primitive type of accountants
existed.
Accounting’s
modern history dates back to the beginning of the 19th century, when the big
companies emerged. Initially, and by initially I mean up to twenty years ago,
the entire process was done by hand and pencil.
This changed with
the emerging of personal computers. They changed the way people looked at
accounting and accounts.
But as the PCs
evolved so did the accounting software. I will try to help you in your search
for the best accounting software, by noting a few sites and a small review of
their software.
This is complex,
yet easy-to-use accounts software. It comes in two versions: Account Pro (has
every feature enabled) and Account Pro Lite (a simpler version).
It is
multilingual, multicurrency and can be linked on up to three computers. It can
work with projects and cost centers and the discount and tax transactions can
be done automatically.
Another plus is
that it can work with both the British and American type of accounting.
Executive
Business
requiring sophisticated accounting will benefit the most from Executive. Three
types of invoices, multiple bank account capabilities and multicurrency system
are just a few of the features the programmers developed for Executive.
Eve though
initial Executive can be used on one computer only, it can be upgrade to an
unlimited number of users. Other features include: up to 5 currencies
simultaneously and unlimited number of budgets.
Any report can be
printed in any currency and separate transactions journals are held for the
different currencies as well.
Simply Accounting 2005
This software has
all the requirements of an multi-user, large business accounting software
should have. It has specialized options for manufacturing, inventory and
service. It is notable that the number of possible currencies can be virtually
unlimited.
Data can be
analyzed and accessed simultaneously by multiple users. It has a powerful search
engine to help you find just the record you are looking for. Reports can be
created trough Microsoft® Word and Excel.
Microsoft Office Small Business Accounting 2006
The latest
accounting software from the giant Microsoft has quite a few pluses, such as a
competitive price, it is easy to use and learn, well built accounting tools for
small business and goes perfectly with the Microsoft® Office suite.
Unfortunately it
depends a little too much on the Office suite, making it inaccessible to people
who use other productivity suites.
Peachtree by Sage Complete Accounting 2006
Peachtree
Complete Accounting is multi-user, robust accounting software. It provides the
user with valuable information on accounts and staff.
It has advanced
features like Bill Pay and Online Bank Reconciliation. Time and billing, fixed
assets and job costing, are just a few of the basic features it includes.
The end
Whatever software you might choose just remember this: Accounting is the backbone of every business. (*)