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Old 09-28-2006   #2 (permalink)
imported_prince
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<div class='quotetop'>QUOTE(versus @ Jun 12 2006, 10:57 PM) [snapback]7546[/snapback]</div>
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Microsoft Office Small Business Accounting 2006

Features of Microsoft Office Small Business Accounting 2006

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.

Microsoft has done a fine job with the accounting basics by creating an easy-to-learn, aesthetically appealing interface that keeps jargon to a minimum and offers plenty of wizards to help novices. If you want to create invoices, track sales, and perform other core chores, Microsoft Office Small Business Accounting works well. Lower-price competitors, such as the $50 Simply Accounting Basic, do the same tasks. But Microsoft Office Small Business Accounting offers features not found in bargain competitors, including a well-designed tool to forecast cash flow--the lifeblood of every small business. Still, Microsoft's product lacks many features available in the pricier accounting packages, such as QuickBooks Premiers' Expert Analysis Tool to compare your company's profits and sales against those of comparable businesses.
Small Business Accounting integrates so tightly with Microsoft Office 2003 that we don't recommend it if you use non-Microsoft word processors and spreadsheets. For instance, if you want to add your company logo to an invoice in Small Business Accounting, you'll need to export the invoice to Microsoft Word. Similarly, the client accounts in Small Business Accounting blend nicely with Outlook's Business Contact Manager (a basic customer relationship management tool), so you won't have to duplicate data entry between those programs. You can also opt for the $669 ($100 less after rebate until March 31, 2006) Microsoft Office Small Business Management Edition 2006 package, which bundles Small Business Accounting and Outlook with Business Contact Manager.

But let's say your shop uses WordPerfect Office, your e-mail program is Eudora or WordPerfect Mail, and your database is FileMaker Pro or Paradox. In that case, the Small Business Accounting hooks into Microsoft Office won't amount to a hill of beans.
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