Friday, 18 November 2011

Choosing The Right Accounting Software For Your Business

With all the good luck and a lot of hard work, we encounter the same problem many business owners face today. Your business is growing rapidly and is having trouble controlling your finances. Again and again, that Microsoft Excel spreadsheet you've been using just is not doing the job for you.

So you've decided you're ready to take the next step and buy a complete accounting software. There are many options available to choose from, but I think the best solution for Quicken Premier Home and Business by Intuit, QuickBooks Pro also by Intuit and Peachtree Accounting by Sage. To decide on the right package for you, you must define the type of business you operate.

With the increase of self-employment (businesses with one or more owners but no paid employees), it was necessary to handle business and personal finances on one platform. Intuit has released Quicken 2005 Premier Home and Business to fill this need.

This software is perfect for the small business owner who receives income from investments, real estate, and / or Internet

marketing. Also, Quicken 2005 Premier Home and Business and priced at only $ 89.95.

For more typical brick and mortar business owners, you will usually need a more robust solution like QuickBooks Pro or

Peachtree Accounting for functions like payroll and production control reports. Each software has its advantages,

But do not forget that QuickBooks is a standard business accounting software for years. What are the features and functions and applications to give you the same functionality and convenience for the company.

An additional factor to consider in your decision is that Peachtree Accounting is less expensive than QuickBooks. The two

Starter versions of Peachtree and QuickBooks are priced at $ 99.95 each, but all versions of the functions of Peachtree is priced at only $ 199.95 while the full version of QuickBooks Pro is priced at $ 299.95.

At the end of the day, the biggest advantage QuickBooks offers over Peachtree is compatibility with other applications. For example, most commercial banks (Bank of America, SunTrust, etc. ..) to supply files designed to work directly

QuickBooks, so you can read, study and interpret the data. In addition, some banks allow you to update account information in real time with QuickBooks. Check your bank, what accounting software their online support services, and you should be able to make their own decisions.