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Accounting Software for Your Small (and Growing) Business

 & Matthew Murray Managing Editor, Hardware

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    Buying Guide: Accounting Software for Your Small (and Growing) Business

    Accounting Software for Your Small (and Growing) Business

    If you run your own business, you know how important accurate and expandable accounting is. Chances are if your business is on the small side, you're already running one of the professional accounting software packages on the market. If you're still shopping around—or if you're outgrowing the one you've already picked—you have a number of choices.

    Our Editors' Choice for beginning businesses is QuickBooks Accounting Pro Edition, which has a trouble-free guided setup procedure, a strong help system (including video tutorials), and a powerful payroll system. If you have heavier inventory requirements, Peachtree by Sage Complete Accounting is a good way to go—if its interface is a bit outdated, it's got some outstanding reporting functions. Microsoft Accounting Professional is a bit light on payroll options and inventory tracking, but is as easy to use and navigate as another perennial business tool, Outlook. Although MYOB Premier Accounting doesn't offer much in the way of online services, it's packed with user-friendly payroll and database features.

    On the other hand, if it's time for you to graduate to more users and more features, one of this trio of high-end options may offer the functionality you need. If you need advanced transaction and inventory tracking, Peachtree Quantum 2010 could be ideal—it supports up to 40 simultaneous users, but the depth of its functionality may make it difficult to learn if you don't already have a Peachtree background. Even more powerful is Sage BusinessWorks 50 Accounting 2009: It scores with sales, job costing, inventory control, networking, reporting, and sales, but is hampered by a clunky, outdated interface. Our Editors' Choice is the intuitive QuickBooks Enterprise Solutions 9.0, which can handle up to 100,000 customers and is highly extensible with a suite of QuickBooks Enterprise Suite add-ons that give you fine-grain control over every aspect of your business.

    One thing you can count on: One of these systems will be right for you and your growing business. And be sure to check out our software product guide for other solutions for keeping you and your employees on the job and your profitability on the rise.

    Home or Small-Business Accounting

    Microsoft Office Accounting Professional 2008 Microsoft Accounting Professional

    $199.95 list
    Microsoft Office Accounting Professional 2008 is a good choice for small businesses that need integrated online sales capabilities, want a familiar, Microsoft Office look and feel, and have simple inventory-tracking needs.

    MYOB Premier Accounting Small Business Suite 2007: Comprehensive Databases MYOB Premier Accounting

    $299 list
    MYOB will serve you well if you don't need extensive online services. It handles accounting tasks thoroughly and well, and does so using an exceptionally navigable interface.

    Peachtree By Sage Complete Accounting 2009 : Your footprint Peachtree by Sage Complete Accounting

    $269.99 direct
    Peachtree Complete 2009 deals with accounting issues capably, excelling especially at inventory. An interface overhaul and enhanced usability are what's needed to catapult Peachtree into the lead.

    QuickBooks Accounting Pro Edition 2009 QuickBooks Accounting Pro Edition

    $199.95 direct
    Of all the small business accounting programs available today, QuickBooks Pro 2009 offers the best combination of usability and accounting features.

    Small-to-Medium Business Accounting

    QuickBooks Enterprise Solutions 9 : Payday preparations QuickBooks Enterprise Solutions 9.0

    Starts at $3,000 for five users
    QuickBooks Enterprise blends high-capacity accounting and powerful networking with extreme ease of use and considerable customizability. Its QuickBooks Enterprise Suite applications add additional usability and enough accounting acumen to put it above its competitors.

    Peachtree Quantum 2010 Peachtree Quantum 2010

    Starts at $4,450 for 10 users
    If you're using a junior Peachtree product and need multiple simultaneous users, greater capacity, and expanded workflow tracking and inventory capabilities, Quantum is your logical next step.

    Sage BusinessWorks 50 Accounting 2009 : Rounding up Sage BusinessWorks 50 Accounting 2009

    Starts at $1,694
    Sage BusinessWorks goes where its closest competitors don't: almost to midrange territory. But this fully loaded solution is seriously handicapped by its poor interface and navigation.

    About Our Expert

    Matthew Murray

    Matthew Murray

    Managing Editor, Hardware

    Matthew Murray got his humble start leading a technology-sensitive life in elementary school, where he struggled to satisfy his ravenous hunger for computers, computer games, and writing book reports in Integer BASIC. He earned his B.A. in Dramatic Writing at Western Washington University, where he also minored in Web design and German. He has been building computers for himself and others for more than 20 years, and he spent several years working in IT and helpdesk capacities before escaping into the far more exciting world of journalism. Currently the managing editor of Hardware for PCMag, Matthew has fulfilled a number of other positions at Ziff Davis, including lead analyst of components and DIY on the Hardware team, senior editor on both the Consumer Electronics and Software teams, the managing editor of ExtremeTech.com, and, most recently the managing editor of Digital Editions and the monthly PC Magazine Digital Edition publication. Before joining Ziff Davis, Matthew served as senior editor at Computer Shopper, where he covered desktops, software, components, and system building; as senior editor at Stage Directions, a monthly technical theater trade publication; and as associate editor at TheaterMania.com, where he contributed to and helped edit The TheaterMania Guide to Musical Theater Cast Recordings. Other books he has edited include Jill Duffy's Get Organized: How to Clean Up Your Messy Digital Life for Ziff Davis and Kevin T. Rush's novel The Lance and the Veil. In his copious free time, Matthew is also the chief New York theater critic for TalkinBroadway.com, one of the best-known and most popular websites covering the New York theater scene, and is a member of the Theatre World Awards board for honoring outstanding stage debuts.

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