Small Business Bookkeeping Software Review

The bookkeeping software reviews in this article ought to help you decide which one you should choose for your small business. Have a look.
The task of a certified bookkeeper is one of the most important ones in any organization. Bookkeeping activities are a must for small as well as large enterprises. Certified bookkeepers keep a record of sales, purchases, expenses and the available stock. Though bookkeeping tasks can be performed manually, the interesting specifications offered in bookkeeping software have encouraged many business houses to opt for them. Here, we'll explain why it is a good idea to opt for a software to do your bookkeeping and also give you some reviews so you can choose the right one.

Importance of a Bookkeeping Software

Bookkeeping involves daily recording all the financial details of a business. Bookkeeping is a time-consuming task which requires a lot of hard work and consistent efforts. Even if the employees hired for these posts do their tasks in a professional way, human errors cannot be ruled out. Even a small error in the books of a company can affect its functioning to a great extent. This is because the books of accounts are used to take financial decisions and expansion plans and they reflect the financial strength of a company. Bookkeeping software can perform these tasks in lesser time as compared to manual bookkeeping, and in a more accurate manner. But which are the bookkeeping software which you should use for proper accounting? Let's discuss this in the next section.

Reviews of Bookkeeping Software

Different bookkeeping software have different functions and hence as buyers, you should buy the one which suits all of our needs.
  • The QuickBooks bookkeeping software which comes with sections such as help section, customer section and vendor section is widely used these days. This software is mainly used for payroll purposes, bookkeeping activities such as accounts receivable and payable, preparing general ledger and inventory. With an easy to use graphic menu and latest features such as cash flow center, financial overview and investment centers, QuickBooks will certainly satisfy most of your needs.
  • Some advanced accounting techniques, e-commerce facilities and ERP are available in the NetSuite software. It provides online accounting facilities and is considered to be one of the most efficient ones in the industry. This software is increasingly being used by large corporates also. Affordability can be the only problem associated with this software as it has been priced at USD 1188 which may be costly for small businessmen.
  • The Sage Peachtree Complete Accounting Software is also quote popular. The best part of this one is the provision of an audit trail log while the only disadvantage is that you may find the first set up procedure a bit difficult. It is available at an affordable price of USD 110.
  • DacEasy Accounting Software has been made available in modules which is an advantage for its users. The cost of this software can be around USD 300.
The reviews for bookkeeping software have overall been positive and this is proved from the impressive sales figures of these software. Before buying the software, you should get a demo from the sales officials of the company to verify that it is the best one for maintaining your books of accounts. With a hope that the information in this article will be quite useful for you, I would like to sign off here. Good luck for the accounting and bookkeeping work!
By Charlie S
Published: 9/10/2010
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