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The very last thing you want to be asking all the time when you run a small business is where all the money is going. This is the reason why high quality accounting software is so essential. Without incurring too much expense you will need software that not only deals with regular taxpayer and homeowner tasks but business ones as well. Luckily for you there are a great number of options available on today’s market and we are going to take a look at the top five small business programs and see exactly how they can help you with your accounting responsibilities.

1. QuickBooks from Intuit – has been on the go for a long while and this package consists of a popular series of programs with accounting tasks and payroll in mind. The varieties it comes in range from Basic, Pro, Premier and On Line and with the Pro package you will receive some helpful tools such as a tracker for the mileage carried out by your company vehicles and a cash flow projector. When selecting which package is the best one for you, bear in mind your needs as well as your budget.

2. Simply Accounting – this is another package which is very useful and it has data entry screens similar in appearance to the paper accounting methods of old. With all kinds of reports, some especially designed with ecommerce and the Internet in mind, accounting and payroll features and tips about screen and drag and drop this package provides quite a shallow learning curve. If you require time and billing modules you should opt for the professional version of Simply Accounting.

3. Peachtree ” the complete version consists of over a 125 different reports as well as an in depth inventory feature, time and billing, job costing and so much more. This program has been designed for multiple use and three or more users can operate the program at any one time with this package. You could also choose the Premium and First editions which are available from Peachtree.

4. Sage BusinessVision ” this is a super program which does a great deal of the work on your behalf. An example of this is automatic year end processing. Backdated transactions can be applied to the previous 12 months even when this period is over. The program sports an add on offering a shopping cart and web store as well as integrating well with Act! It comes in limited, small business, standard and client server editions.

5. Microsoft Office Small Business ” As you would no doubt expect the office software list would not be complete without an offering from the giant Microsoft, who have been on the market for years and years. It has to be said that the best feature of this program is the way in which it integrates with Office – a great bonus for those folk already using this well liked office suite. Data contained in Outlook and Excel can be reused without having to re-enter the information and add ons such as PayPal and on line payrolling are also available.

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