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A Guide to Small Business Accounting Software

Nov 12, 2010, 00:05 (0 Talkback[s])
(Other stories by Pam Baker)

"The impulse to buy small business accounting software and just run with it can be tempting. Leading brands such as QuickBooks and Peachtree leap to mind followed by a quick price evaluation. Pick, click and done, right? While this approach is very common it is also commonly wrong. Why? Because you end up buying the tool before you properly define the job.

"The best plan is to make a list of all the tasks you need small business accounting software to do. This is the list by which you will judge all small business accounting software packages. Your top consideration should be whether you need a full accounting program that can do everything or a lighter-weight invoicing/expense program that simply helps you to stay on top of your cash flow. You can give your accountant data from either type of program for tax filing purposes, and many of these software programs let you import the data into one or more tax preparation programs.

"The choice is really more about the details you want to see in your daily operations."

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