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| Typical costs: | - Intuit's QuickBooks costs $80-100 for QuickBooks Simple Start, for part-time companies or freelancers with simple bookkeeping needs; QuickBooks Pro 2007 for small businesses runs $165-$200 for one user; Q
- Peachtree by Sage offers First Accounting 2007 for entry-level accounts for small businesses for $50-$80; Peachtree Pro Accounting 2007 with additional automated features runs $140-$165; Peachtree Complete Accounting 2007 for more advanced business management is $190-$270 or $675-$750 for multi-user versions; and the comprehensive Peachtree Premium Accounting 2007 is $870-$1,100. Entrepreneur.com evaluates Peachtree software. For mid-size firms who've outgrown basic accounting software, Sage MAS 90 or Sage MAS 200 run$5,000-$15,000.
- Microsoft Small Business Accounting 2006 runs $35-$75; some users prefer this easy-to-use product because of its lower price and because it's better integrated with Microsoft Office, especially Microsoft Outlook. For mid-sized firms, there's Microsoft Dynamics GP (Great Plains), which costs $2,250-$3,980 a person annually for up to 10 users, or $22,500-$39,800 a year for a 10-person office.
- NetSuite.com provides on-demand web-based business applications for growing and mid-sized companies; prices vary depending on the complexity of the circumstances, but SmallBusinessComputing.com estimates NetSuite costs $99/month for the first person and $49 for each additional user, or $550/month for a 10-person office.
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| What should be included: | - Deciding which accounting software program is best for your business depends on your specific industry, the size of your company and other factors; Entrepreneur.com gives a quick overview of what to consider.
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| Discounts: | - Figure out exactly what features you need, then decide if an older (and less expensive) version of a particular product will serve your company just as well as the latest model.
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| Shopping for accounting software: | |
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Article updated November 2006 |
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