How to Choose the Right Accounting Software for Your Business

With any good luck and a good amount of hard work, you're having the same problem many business owners today are facing. Your business is growing rapidly and you're having problems controlling your finances. Time and time again, that Microsoft Excel spreadsheet you've been using just isn't getting the job done for you.

So, you've decided that you're ready to take the next step, and buy a full-featured accounting software program. Many options are available to choose from, but I believe the best solutions to be Quicken Premier Home and Business by Intuit, QuickBooks Pro also by Intuit, and Peachtree Accounting by Sage. In order to decide on the right package for you, you need define the type of business that you operate.

With the rise of self-employment (businesses with one or more owners but no paid employees) a need has arisen to manage 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 is well 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 reporting and check producing. Each piece of software has its advantages, but don't forget that QuickBooks has been the standard in business accounting software for many years now. As for features and basic operations, both applications will provide you the same functionality and convenience for your business.

One additional factor to consider in your decision is that Peachtree Accounting is less expensive than QuickBooks. Both starter versions of Peachtree and QuickBooks are priced at $99.95 each, but the full-featured version of Peachtree is priced at only $199.95 while the full-featured 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...) provide you with files designed to work directly with QuickBooks, so that you can read, study, and decipher transaction details. Also, some banks will allow you to update account information in real-time with QuickBooks. Check with your bank to see what accounting software their online services support, and you should be able to make your decision.

Brandon Hall is a webmaster who owns many sites like http://www.accountingsoftwareportal.com
A site dedicated to providing resources, links, articles, and news related to accounting software products.

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Silicon Prairie News

Fifteen Software Companies in Nebraska that you should be able to explain to your family on Thanksgiving
Silicon Prairie News
Here at SPN, we are thankful for the building that is taking place here in the Silicon Prairie. We want to highlight some of the companies that provide great examples of these entrepreneurial efforts, for your discussion with family and friends this ...


Advanced computer technology and software turn species identification interactive
Science Daily
Being the product of digitally available software, interactive identification keys are not only easy, quick and inexpensive to publish, but they are also simple to edit and build on in a collaborative manner. Experts from all around the world could ...


CNBC

Microsoft allies with Facebook on PyTorch, ONNX AI software
CNBC
Microsoft still updates its own open-source software for artificial intelligence. But it's focusing more on improving.
Microsoft allies with Facebook on AI softwareYahoo Finance

all 4 news articles »

Khaleej Times

Facebook seeks to patent software to analyse who lives with you
Khaleej Times
Despite facing flak for leakage of personal data of millions of its users in recent times, Facebook is seeking to patent a software that could help it build profile of an user's household - the number of people in the household, the interests that they ...
Who lives with you? Facebook seeks to patent software to figure out profiles of householdsFairfield Daily Republic
Facebook aims to dig deeper into your personal life with new softwareDevdiscourse

all 18 news articles »

Electrek

Tesla releases Model 3 software update with new climate controls, anti-theft feature, and more
Electrek
Tesla is pushing a new software update to the Model 3 this week that includes new climate controls, a new anti-theft feature, and more. The automaker started releasing a new version of its v9 software (2018.44). Among the new features, Tesla is ...


SDxCentral

Verizon acquires Software Defined Perimeter assets from Vidder to enhance enterprise virtualized secure networking ...
Verizon Communications
NEW YORK – Verizon (NYSE, Nasdaq: VZ) today acquired the PrecisionAccess™ solution and other Software Defined Perimeter (SDP) related assets from privately held Vidder, Inc., a company offering trusted and unified access control. Terms of the ...
Verizon Buys Software-Defined Perimeter Assets From VidderSDxCentral

all 13 news articles »

Sputnik International

China matches Nato in information arms race with deal for 'Ferrari of war room software'
South China Morning Post
China has obtained the big screen software used by Nato and the United States for war room mapping, putting its forces on an equal organisational footing with some of the West's elite military operations. Luciad, a defence contractor based in Leuven, ...
China Buys Geospatial Software to Put it on Par With NATO, US – Report (VIDEO)Sputnik International

all 2 news articles »

Forbes

We Need Software That Doesn't Panic When Sensors Malfunction
Forbes
Much is still unknown about the crash of Lion Air Flight 610 in Indonesia, but one potential explanation is that a malfunctioning physical sensor caused a software algorithm to incorrectly intervene in a way that the human pilots were neither aware of ...


Forbes

Move Slow and Make Things: Airtable's Howie Liu Built A $1B Software Giant Emphasizing Substance Over Speed
Forbes
The trio pored over academic papers on collaborative software theory, agonized about the Node.js architecture and obsessed over the speed at which windows popped open. After reading Kenya Hara's design book White, Liu spent months focusing on the ...

and more »

Transmission and Distribution World

Siemens Presents Next Generation of Overhead Line Inspection Software
Transmission and Distribution World
SIEAERO smart analytics software is using artificial intelligence (AI) and machine learning to store, manage and analyze all data in one integrated software system. To reduce the needed amount of flights and inspection efforts drastically, SIEAERO is ...

Google News

Troubleshoot Windows with Task Manager

Task Manager is a Windows system utility that displays thetasks... Read More

Interactive Mapping Brings Information to Life

What is Interactive Mapping?Interactive mapping is a visual display medium... Read More

Causes of ERP Failures

ERP is the acronym of Enterprise Resource Planning. Multi-module ERP... Read More

Anti-Virus Software

Anti-virus software is used to find, remove or fix files... Read More

Screenshots Vista Windows

Features Additionally, Vista will include many other new features.Aero Vista... Read More

OEComplete ? A Personal Information Manager

OEComplete is a utility for managing the personal information of... Read More

Secure File Transfer Using SSH Plus Additional Audit & Automation - FSA Reporting

In order to meet regulatory and corporate compliance requirements reporting... Read More

Microsoft Great Plains Upgrade ? Things to Consider and FAQ

If you have Microsoft Great Plains and support it for... Read More

Computer Phones ? Facts and Fallacies

The stakes are high when considering security, privacy, and savings,... Read More

Mozilla Vs. Firefox

For those who are unclear on the differences between the... Read More

ERP Software Financing: the Future? ? Overview for Company Owner

In our case ? we serve Microsoft Business Solutions ERP... Read More

How the Firefox: How to... Manual Helped Me

A few months back I really got sick of my... Read More

Programming Language Migration Path

While I was preparing some personal background information for a... Read More

Introducing GRML

Creating a new markup language.Introduction.General Reuse Markup Langauge, or GRML,... Read More

Getting Technical Support Help Online

Sometimes your PC will start acting strange for no apparent... Read More

3 Reasons Why Medical Billing Software is Leading the Way

Since technology changes so quickly, it is hard to begin... Read More

Free Software - Powerful Alternatives to Budget-Busting Software

When you buy a computer, it most likely comes with... Read More

Great Plains Dexterity Development: FAQ

Microsoft Business Solutions Great Plains is Dexterity-written application and currently... Read More

Dont Choose Adobe When Working With PDF

While Adobe is the most known maker of PDF tools,... Read More

Why Stick With Email Clients Like Outlook?

Trying to figure out a stream in banning one email... Read More

Crystal Reports for Microsoft Great Plains

Microsoft Business Solutions ? Great Plains is designed to meet... Read More

Who?s Watching What You Type?

If someone entered your home, uninvited and installed numerous cameras... Read More

Benefits of Shareware

Shareware has been fighting the stigma of being misunderstood for... Read More

Antivirus Software ? Get The Bugs Before They Get You!

You turn on your computer, and it doesn't look quite... Read More

Microsoft Business Solutions VAR/Partner Selection ? Overview for IT Director/Manager/Controller

Microsoft Great Plains and Microsoft CRM become more and more... Read More