When choosing the right accounting packages for your personal or business needs you have to look at several factors, the main ones being the features of the software ease of use, customization options and cost.
It is easy to become confused and overwhelmed with so many different accounting products to choose from these days. There are free programs, online based accounting software and traditional accounting software that you install on a computer. So which do you choose?
Web based accounting is a relatively new concept that has been greatly improved upon in recent times. QuickBooks and Peachtree offer two of the best online accounting solutions which give you the flexibility to access your accounts anywhere, at any time and from any computer in the world. If you need maximum flexibility and minimum fuss then consider an online accounting solution for your personal or business needs.
The best accounting packages will not require you to have to be a CPA but will provide an intuitive interface, adequate tutorials and included support.
Each individual accounting software developer has various packages that tailor to different needs. For example, Peachtree offer the following choices:
Peachtree First
Peachtree Pro
Peachtree Payroll/Pro
Peachtree Complete
Peachtree Premium
Peachtree Quantum
Industry Solutions for the Accounting, Construction, Distribution, Manufacturing and Nonprofits industries.
ePeachtree (online accounting)
Another leading accounting packages developer is QuickBooks and they also have a great range of products to choose from including:
QuickBooks Online (3 levels of packages)
Simple Start: $99.95
Pro: From $179.95
Premier: From $399.95
Enterprise Solutions: From $3,000 for 5 users
QuickBooks Pro is the most popular version and is suitable for individuals and small business. it will assist in preparing for tax time, helps organize your finances in one place. you receive Free TurboTax Business with the Pro and Premier version of QuickBooks.
If you are coming from a manual or ‘home made’ accounting system, then using a professional package like those listed above will drastically cut down on the time you spend calculating and estimating costs and earnings. Accounting packages are a wonderful investment for your business and one that will pay itself off in very little time.