Software
Accounting 101: Software solutions for small businesses
All businesses need accounting software. Smart businesses, though, go beyond using it to simply track payables and receivables; they treat their accounting application as a true asset, using its reporting, analysis, and forecasting tools to fine-tune their operations. In this roundup, we look at three accounting apps. Which is right for you? Read the reviews.
By Bonnie Cha (May 28, 2004)
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Accounting is vital for the development of a company, and these days, you don't have to be a CPA to handle that side of your business. Now, with software programs such as MYOB Plus 2004, Intuit QuickBooks Pro 2004, and Simply Accounting Pro 2004, you can crunch numbers like a pro--or at least modernize your bookkeeping duties. This can be a real money and time-saver, especially for owners of small to medium-size businesses that don't have the time or resources for a dedicated staff.
All three programs feature basic accounting and bookkeeping tools, from general ledger reports to cash-flow projectors, and they also offer fee-based services, such as direct deposit and payroll, to help streamline your business. The updated versions of MYOB and Simply Accounting sport improved interfaces, but if you require more-sophisticated forecasting and projection tools, QuickBooks Pro is the way to go. For a more in-depth comparison, we have assembled a chart of major features to give you a better overview of the three products. Read on to see which one is best suited for you.
Read the CNET editor's take
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