Microsoft Office Small Business Accounting 2006 review

Bean counters, beware: Redmond's in town. Microsoft Office Small Business Accounting 2006 is ready to duke it out with Intuit QuickBooks in the hotly competitive business bookkeeping market. Aggressively priced at $179 (and $30 less with a rebate offer that lasts until March 31, 2006), Small Business Accounting costs half the list price of QuickBooks Pro. For the money, QuickBooks Pro gives you many more features. Yes, the price of Microsoft's accounting app screams "bargain," but it really isn't a steal unless you already happen to be running Microsoft Office 2003, which is required for many of this accounting program's most compelling features. And Small Business Accounting costs $895 ($745 after rebate) for five simultaneous users, whereas QuickBooks Pro charges $750 for the same. If your small business currently runs Corel WordPerfect Office or another productivity suite, then Microsoft Office Small Business Accounting isn't for you. But if you're already a Microsoft Office shop--or you're planning to become one--this accounting program is worth a look.

Microsoft Office Small Business Accounting 2006 installed in less than 10 minutes in our tests, and we didn't experience any glitches. As with any accounting program, however, the difficult part comes later--long hours of entering your business details, such as employees and customers, addresses, bank and credit card account numbers, and so on.

Like QuickBooks Pro, Microsoft Office Small Business Accounting 2006 provides setup shortcuts. The Import Data Wizard, for instance, makes it easy to pull in company information from Microsoft Excel. Data conversion went smoothly in our tests, and we particularly liked the wizard's Map Fields screen, which lets you drag and drop Excel fields to match their counterparts in Small Business Accounting. Microsoft's bookkeeping app imports data from only the 2002, 2003, or 2004 editions of QuickBooks Basic or Pro, which explains why it didn't import our QuickBooks Premier 2005 company file.

The nicely structured interface of Microsoft Office Small Business Accounting 2006 resembles a fusion of Microsoft Outlook and QuickBooks Pro. From Outlook, Microsoft Small Business Accounting borrows a left-side navigation pane with links to popular modules, such as Company, Customers, Vendors, and popular tasks, such as New Account, Pay Sales Tax, and so on. Users of Microsoft Office 2003 will immediately recognize the menus and tools along the top of the screen. From QuickBooks, Microsoft Office Small Business Accounting lifts the helpful flowchart screens that outline the progression of accounting tasks. Converts from QuickBooks should take to SBA right away--hardly a coincidence, we're sure.

Microsoft Office Small Business Accounting 2006, like any good bookkeeping app, isn't designed for professionals, but rather for cost-conscious entrepreneurs and mom-and-pop shops of up to 25 employees that manage their own finances using spreadsheet applications. Unlike its competitors, though, Microsoft Office Small Business Accounting doesn't come in multiple flavors. The $179 version, with roughly the equivalent features of QuickBooks Pro, is the only choice. By comparison, Intuit offers multiple versions of QuickBooks, from Simple Start up to Premier.