Wednesday, November 12, 2008

The Best Accounting Software for Troubled Times

by Gary Berline
Anyone who's running a small business knows that new money is hard to come by these days. Chances are, you're going to have to make do with what you've got for a while. So it's time to pinch those pennies until they scream, and that means keeping a very close eye on your accounts and your cash flow. Whether your staff consists of just you or an entire crew, you can't afford to be doing your bookkeeping on Post-it notes. Powerful, inexpensive, and easy-to-use accounting packages abound, and we've reviewed four of the best to help you pick the right one for your business.

Learning a new interface can be time-consuming and frustrating, but with Microsoft Office Accounting Professional 2008, chances are it won't be. Assuming you've already used the software goliath's Office application, you'll feel right at home—this small-biz accounting package shares the same look and feel. Not surprisingly, it also integrates with Office better than the three rivals we look at here. There's room for improvement—for example, businesses with heavy-duty inventory or time-billing needs will need to look elsewhere—but otherwise, this package is a worthy contender for your accounting dollars.

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