June 29, 2007, Newsletter Issue #71: Buying Accounting Software

Tip of the Week

Buying the most expensive accounting software is not necessarily the best idea.

Accounting software programs vary dramatically in what they offer to small businesses, and most small businesses have only the most basic accounting needs.

* Make a list of the types of accounting and account managing you need for your business.
* Do the research into the support and maintenance assistance that the accounting software companies offer.
* Consider the popular options like Peach Tree accounting and QuickBooks, but don't feel like you have to go with one of those options. Many alternative small business software companies offer add-ons or converters to allow you flexibility (especially at tax time when your accountant needs to pull data from your system!)
* Read software reviews and consult with other small business owners to get valuable accounting software advice that will guide you down the right path.

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