Small business owners have a myriad of things to do on any
given day. They handle all customer demands and vendor requests, as well as the
day-to-day administration and accounting work. Technical Data used in the field
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Fortunately, there are a few great small business tools that
can help with the accounting tasks. In this article, we'll review the top two:
Sage Peachtree and Intuit QuickBooks. Both of these innovative software
packages can aid small business owners in the management of their related
bookkeeping and accounting tasks.
QuickBooks is generally considered to be the simplest
software, and is an ideal solution for small business owners who have a limited
accounting background. It offers simple online integration with their other
software, which can help the entire accounting process to go much smoother.
QuickBooks can also be used in conjunction with any online banking program and
web-based email accounts (e.g. Gmail, Hotmail, and Yahoo). Some more details of
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Sage Peachtree, while more complex, is also a very useful
small business bookkeeping solution. It offers different wizard programs like
SetUp Advisor and Sage Advisor to help simplify the bookkeeping process.
Both Peachtree and QuickBooks offer both single and multiple
user tasks. The single user products, QuickBooks Pro and Peachtree Pro, both
have a list price of $299. They both offer Accounts Receivable, Accounts
Payable and General Ledger. QuickBooks Pro offers Automatic Check Signing,
which can be very helpful, while Peachtree Pro offers Multiple Customizable
Dashboards.
The multiple user product line is where the products begin to
differ in price. QuickBooks Premier is $999 for 3 users and Peachtree Premium
is $1199 for 5 users. As far as features, they both offer the following:
Accounts Receivable, Accounts Payable, Automated Purchase Order, Fixed
Assessment Management, General Ledger, Job Casting and Forecasting, Multiple
Custom Dashboards, and Industry Specific Features. QuickBooks Premier is
different in that it offers Automatic Check Signing, and Peachtree Premier
offers its own unique Serial Number Inventory Management. TSK Training for
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