July 6, 2007, Newsletter Issue #72: Advice on Choosing an Accounting Solution
Tip of the Week
Accounting solutions are simply methods of monitoring and processing your accounting information.
Software is to help businesses develop accounting solutions that allow for faster and more reliable processing of account information.
Choosing small business accounting software can be daunting - you will hear buzzwords like Peachtree and Quicken and wonder which one is best for your business. Bear in mind the type of business you have and seek accounting software advice from a reputable source.
Some things to consider when selecting your small business accounting software:
* Do you need to adhere to government accounting standards?
* Do you have a great deal of inventory to control and manage?
* Is your business project based - do you need to have specific project or job costing?
* How many accounts do you need to manage?
* How many employees will be using the software?
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