Compare 4 of the best Accounting Software for Small Business
Let’s compare one of the most useful accounting products – QuickBooks, MYOB, Simply Accounting and Peachtree Accounting Software. All of them are appropriate for Small Businesses.
1. Product Description:
QuickBooks - QuickBooks provides the most inclusive tools for small business financial management. In addition to the benefits and features of QuickBooks Pro and QuickBooks you can find:
- Financial management tools to help your business get better results
- Includes Business Planning software! Using your QuickBooks data and answers to simple, step-by-step questions, automatically creates a 3-year projected balance sheet, profit and loss and cash plan.
- A new forecasting feature so you can compare your forecast vs. your real income and expenses.
- Updated Expert Analysis Tool to help you recognize key presentation trends
- Greater customization - you can create sales orders and track what you owe customers more correctly. Plus, you can track both individual inventory items (components, raw material) and “assemblies” (combined inventory items, finished goods or products) that you sell
- Anytime, anywhere flexibility with QuickBooks Remote Access. Now you can work on your QuickBooks files from home or in the road.
MYOB Plus for Windows - MYOB Plus for Windows provide all the tools you need to run your business productively and in less time. MYOB Plus has all the standard features you anticipate from quality accounting software with the additional bonus of excellent business management tools designed to assure your business operates with financial intelligence, establishes personalized service and creates a smooth work flow – to get you home faster!
Peachtree Accounting Software
Peachtree First Accounting - Ideal for small businesses who are switching to an automated software solution from a manual or personal finance system, Peachtree First Accounting provides fast start-up, easy invoicing, convenient check writing, inventory tracking, payroll management, plus over 50 customizable reports and quick access to valuable information found on the Internet!
Peachtree Accounting - packed with all of the basics - invoicing, bill paying, in-depth inventory tracking, payroll, order entry. Peachtree Accounting also includes the powerful business management and Internet tools very important to small businesses.
Peachtree Complete Accounting - includes the strong, network-ready accounting features and provides you with the precious insights you need. Improved manage your books, business and presence on the Internet with such advanced features as job costing, time and billing.
Simply Accounting - Simply Accounting was designed for fast moving businesses. It's easy to use, yet powerful enough to keep up with all your accounting needs. Whether you sell products or services, Simply Accounting has all you need to run your business. It automates everything from making purchases to making sales and everything in between. It's even flexible enough to meet the most demanding payroll necessities.
2. Target Customer Profile:
QuickBooks - All individual consumers and small business owners
MYOB -Small-Medium businesses with general accounting and business management needs
Peachtree Accounting Software - Small and rising businesses who are either migrating from a paper office or who have basic accounting needs but are not ready for a large accounting system.
Simply Accounting -Small Businesses
3. Support Services Offered
QuickBooks - Bulletin Board, Context Sensitive Help within System, Knowledge Base – Internet, News Group, Person to Person Phone Support, Printed Manuals
MYOB - Bulletin Board, Context Sensitive Help within System, Email, Knowledge Base – Internet, On-site Consulting, Person to Person Phone Support, Printed Manuals
Peachtree Accounting Software- Automated Phone Support, Bulletin Board, Context Sensitive Help within System, Knowledge Base – Internet, News Group, Person to Person Phone Support
Simply Accounting - Automated Phone Support, Email, Person to Person Phone Support
4. Client Operating System:
QuickBooks - Macintosh, Windows ME, Windows NT Workstation, Windows 2000, Windows XP
WIN 95, WIN 98
MYOB - Windows ME, Windows NT Workstation, Windows 2000, Windows XP, WIN 95, WIN 98
Peachtree Accounting Software - Windows NT Workstation, Windows 2000, WIN 95, WIN 98
Simply Accounting - Windows NT Workstation, Windows 2000, WIN 95, WIN 98
5. Business Functions:
QuickBooks - General Accounting, Business Intelligence, Checks & Forms Solutions, Contact Management, Electronic Banking, Inventory, Project/Job Costing, Project Estimating, Payroll,
Purchasing, Sales Distribution, Time and Billing
MYOB - General Accounting, Checks & Forms Solutions, Contact Management, Electronic Banking, Inventory, Project/Job Costing, Payroll, Purchasing, Report Writer, Sales Distribution
Time and Billing
Peachtree Accounting Software - General Accounting, Electronic Banking, Fixed Assets/Depreciation, Inventory
Project/Job Costing, Payroll, Purchasing, Report Writer, Sales Distribution, W-2/1099
Simply Accounting - General Accounting, Personal Finance, Payroll, Purchasing, Time and Billing
6. Detail Feature List
QuickBooks
- General Accounting: Accounts Payable, Accounts Receivable, Bank Reconciliation, Budgeting/Forecasting, Cash Management
- Electronic Banking: Download Transactions, Electronic Funds Transfer, Online Account Access, Online Bill Payment
- Project/Job Costing: Contract Billing, Estimates, Job Costing
- Payroll: Payroll (USA), Time Card Entry
- Purchasing :Purchase Order Processing
- Sales Distribution :Invoicing
MYOB
- General Accounting : Accounts Payable, Accounts Receivable, Bank Reconciliation
Budgeting/Forecasting, Cash Management, General Ledger, Multi-Currency
-Checks & Forms Solutions: Checks & Forms
-Contact Management: Contact Management
-Electronic Banking: Download Transactions
-Inventory: Lot Expirations, Track Lots
-Project/Job Costing: Allow Multiple Budgets, Contract Billing, Estimates, Job Costing, Owner Contract Maintenance
-Payroll: Payroll (USA), Time Card Entry
-Purchasing: Inventory Control, Purchase Order Processing
-Sales Distribution: Invoicing, Sales Order Processing
-Time and Billing: Accounts Receivable, Expense Reimbursement, Job Invoicing, Job Tracking, Time Entry
-Trial Balance: Trial Balance
Peachtree Accounting Software
- General Accounting: Accounts Payable, Accounts Receivable, Bank Reconciliation, Budgeting/Forecasting, Cash Management, General Ledger
-Electronic Banking: Credit Management, Download Transactions, Electronic Funds Transfer,
Online Account Access, Online Bill Payment
-Fixed Assets/Depreciation: Asset Depreciation, Asset Disposal, General Ledger Interface
-Inventory: Track Lots
-Payroll: Payroll (USA)
-Purchasing: Purchase Order Processing, Receiving, Returns, Shipment Invoice Matching
-Report Writer: Proprietary
-Sales Distribution: Inventory Control, Invoicing, Sales Order Processing, Sales Returns, Shipping
-W-2/1099:W-2/1099
Simply Accounting
- General Accounting: Accounts Payable, Accounts Receivable, Bank Reconciliation, Cash Management, And General Ledger
-Personal Finance: Cash Management, Check Writing, And On-line Bill Payment
-Personal
1. Product Description:
QuickBooks - QuickBooks provides the most inclusive tools for small business financial management. In addition to the benefits and features of QuickBooks Pro and QuickBooks you can find:
- Financial management tools to help your business get better results
- Includes Business Planning software! Using your QuickBooks data and answers to simple, step-by-step questions, automatically creates a 3-year projected balance sheet, profit and loss and cash plan.
- A new forecasting feature so you can compare your forecast vs. your real income and expenses.
- Updated Expert Analysis Tool to help you recognize key presentation trends
- Greater customization - you can create sales orders and track what you owe customers more correctly. Plus, you can track both individual inventory items (components, raw material) and “assemblies” (combined inventory items, finished goods or products) that you sell
- Anytime, anywhere flexibility with QuickBooks Remote Access. Now you can work on your QuickBooks files from home or in the road.
MYOB Plus for Windows - MYOB Plus for Windows provide all the tools you need to run your business productively and in less time. MYOB Plus has all the standard features you anticipate from quality accounting software with the additional bonus of excellent business management tools designed to assure your business operates with financial intelligence, establishes personalized service and creates a smooth work flow – to get you home faster!
Peachtree Accounting Software
Peachtree First Accounting - Ideal for small businesses who are switching to an automated software solution from a manual or personal finance system, Peachtree First Accounting provides fast start-up, easy invoicing, convenient check writing, inventory tracking, payroll management, plus over 50 customizable reports and quick access to valuable information found on the Internet!
Peachtree Accounting - packed with all of the basics - invoicing, bill paying, in-depth inventory tracking, payroll, order entry. Peachtree Accounting also includes the powerful business management and Internet tools very important to small businesses.
Peachtree Complete Accounting - includes the strong, network-ready accounting features and provides you with the precious insights you need. Improved manage your books, business and presence on the Internet with such advanced features as job costing, time and billing.
Simply Accounting - Simply Accounting was designed for fast moving businesses. It's easy to use, yet powerful enough to keep up with all your accounting needs. Whether you sell products or services, Simply Accounting has all you need to run your business. It automates everything from making purchases to making sales and everything in between. It's even flexible enough to meet the most demanding payroll necessities.
2. Target Customer Profile:
QuickBooks - All individual consumers and small business owners
MYOB -Small-Medium businesses with general accounting and business management needs
Peachtree Accounting Software - Small and rising businesses who are either migrating from a paper office or who have basic accounting needs but are not ready for a large accounting system.
Simply Accounting -Small Businesses
3. Support Services Offered
QuickBooks - Bulletin Board, Context Sensitive Help within System, Knowledge Base – Internet, News Group, Person to Person Phone Support, Printed Manuals
MYOB - Bulletin Board, Context Sensitive Help within System, Email, Knowledge Base – Internet, On-site Consulting, Person to Person Phone Support, Printed Manuals
Peachtree Accounting Software- Automated Phone Support, Bulletin Board, Context Sensitive Help within System, Knowledge Base – Internet, News Group, Person to Person Phone Support
Simply Accounting - Automated Phone Support, Email, Person to Person Phone Support
4. Client Operating System:
QuickBooks - Macintosh, Windows ME, Windows NT Workstation, Windows 2000, Windows XP
WIN 95, WIN 98
MYOB - Windows ME, Windows NT Workstation, Windows 2000, Windows XP, WIN 95, WIN 98
Peachtree Accounting Software - Windows NT Workstation, Windows 2000, WIN 95, WIN 98
Simply Accounting - Windows NT Workstation, Windows 2000, WIN 95, WIN 98
5. Business Functions:
QuickBooks - General Accounting, Business Intelligence, Checks & Forms Solutions, Contact Management, Electronic Banking, Inventory, Project/Job Costing, Project Estimating, Payroll,
Purchasing, Sales Distribution, Time and Billing
MYOB - General Accounting, Checks & Forms Solutions, Contact Management, Electronic Banking, Inventory, Project/Job Costing, Payroll, Purchasing, Report Writer, Sales Distribution
Time and Billing
Peachtree Accounting Software - General Accounting, Electronic Banking, Fixed Assets/Depreciation, Inventory
Project/Job Costing, Payroll, Purchasing, Report Writer, Sales Distribution, W-2/1099
Simply Accounting - General Accounting, Personal Finance, Payroll, Purchasing, Time and Billing
6. Detail Feature List
QuickBooks
- General Accounting: Accounts Payable, Accounts Receivable, Bank Reconciliation, Budgeting/Forecasting, Cash Management
- Electronic Banking: Download Transactions, Electronic Funds Transfer, Online Account Access, Online Bill Payment
- Project/Job Costing: Contract Billing, Estimates, Job Costing
- Payroll: Payroll (USA), Time Card Entry
- Purchasing :Purchase Order Processing
- Sales Distribution :Invoicing
MYOB
- General Accounting : Accounts Payable, Accounts Receivable, Bank Reconciliation
Budgeting/Forecasting, Cash Management, General Ledger, Multi-Currency
-Checks & Forms Solutions: Checks & Forms
-Contact Management: Contact Management
-Electronic Banking: Download Transactions
-Inventory: Lot Expirations, Track Lots
-Project/Job Costing: Allow Multiple Budgets, Contract Billing, Estimates, Job Costing, Owner Contract Maintenance
-Payroll: Payroll (USA), Time Card Entry
-Purchasing: Inventory Control, Purchase Order Processing
-Sales Distribution: Invoicing, Sales Order Processing
-Time and Billing: Accounts Receivable, Expense Reimbursement, Job Invoicing, Job Tracking, Time Entry
-Trial Balance: Trial Balance
Peachtree Accounting Software
- General Accounting: Accounts Payable, Accounts Receivable, Bank Reconciliation, Budgeting/Forecasting, Cash Management, General Ledger
-Electronic Banking: Credit Management, Download Transactions, Electronic Funds Transfer,
Online Account Access, Online Bill Payment
-Fixed Assets/Depreciation: Asset Depreciation, Asset Disposal, General Ledger Interface
-Inventory: Track Lots
-Payroll: Payroll (USA)
-Purchasing: Purchase Order Processing, Receiving, Returns, Shipment Invoice Matching
-Report Writer: Proprietary
-Sales Distribution: Inventory Control, Invoicing, Sales Order Processing, Sales Returns, Shipping
-W-2/1099:W-2/1099
Simply Accounting
- General Accounting: Accounts Payable, Accounts Receivable, Bank Reconciliation, Cash Management, And General Ledger
-Personal Finance: Cash Management, Check Writing, And On-line Bill Payment
-Personal
posted by Poline at 1:27 PM
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