When Buying Small Business Accounting Software
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| Picture: Illustration Small Business |
When Buying Small Business Accounting Software. Your PC dealer could be your general adviser with regard to the purchase of small business accounting software. But he can't be the expert adviser.
Not even your Chartered Accountant can do that. The computer
technology is updating itself so fast that before making any worthwhile
investment for accounting software you need to take the professional advice.
For, with the introduction of right accounting software,
your small business is not going to remain small. It is bound to expand!
Publications like CTS Guide to Small Business Accounting
Software have been reportedly used by hundreds of business establishments to
select software.
It constantly compares and reviews with reference to quality
and rates some of the important software packages doing rounds in the market.
Some of them are:
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Net Ledger Advanced Accounting, Business Works Gold, Quick
Books Pro, Microsoft Business Solutions- Small Business Manager, Peachtree
Complete Acting plus Time & Billing, MYOB Complete Accounting.
These packages are reviewed for the important aspects of
small business accounting needs such as general ledger, accounts receivable and
order processing, accounts payable, inventory control, purchase orders, job
cost, payroll, and global features module.
The module-by-module report with illustrated screen shots,
for each package detailing strengths/weaknesses/operational issues and
performance ratings for 350 features given by the report are of immense help to
you to take the decision with regard to introducing the software in your
establishment.
Study charts on pricing, operating platforms, support
policies, make your tasks of comparison very easy. Even calling for quotations,
studying and analyzing the information is a time-consuming process. Moreover,
your selection can not be an expert's selection.
So, the opinion of the impartial competent analyst, who has
the necessary expertise, is likely to prove profitable to you in the long run.
You can tailor your needs in relation to the budget from the various options
available.
Some of the important applications covered by the Magazine
are General Ledger, Accounts Payable, Accounts Receivable, Sales Order Entry,
Inventory Control, Job Cost, Order Processing, Report Writing, Purchase Order,
Fixed Assets and Pay Roll.
These will define the software needs for your small business.
But consider one important point. Any given information is
what it is. Do not rush to the newly introduced products offering high
discounts, unless they are from the well-established companies having proper
warranty system. When Buying Small Business Accounting Software
It is better to pay the higher cost and buy the best instead of going for some immediate profits and suffer eventual loss. (*)
