| There are a lot of top accounting software | | | | Your software features must be compatible with |
| available in every category. So, it is not easy to | | | | your business. Also, the after-sales support is |
| select the best ones. Below are top five | | | | important like FAQ package, local service center |
| accounting software in every category. | | | | and others. |
| Simply put, accounting is the lifeline of a business. | | | | There are a lot of top accounting software |
| Accounting deals with summarizing, analyzing and | | | | available in every category. So, it is not easy to |
| reporting the financial data and information about | | | | select the best ones. Below are top five |
| a business. An accounting software records and | | | | accounting software in every category. |
| processes the accounting transactions of a | | | | A. Small business/personal accounting software: |
| business within its functional modules. Financial | | | | 1.ePeachtree (Best Software) |
| statements consisting of the balance sheet, profit | | | | 2.MYOB Plus for Windows (MYOB Software) |
| and loss account, and statement of changes in | | | | 3.Peachtree Complete Accounting (Best Software) |
| financial position can be easily prepared with an | | | | 4.QuickBooks Online (Intuit) |
| accounting software. | | | | 5.Small Business Manager (Microsoft) |
| An accounting software is all about the various | | | | B. Low-End Accounting Software: |
| functional modules that it has. Some of them are- | | | | 1.BusinessVision 32 (Best Software) |
| General ledger which takes care of the company's | | | | 2.MAS 90 & MAS 200 (Best Software) |
| financial dealings; Accounts Payable where the | | | | 3.QuickBooks Pro 2003 (Intuit) |
| company enters its bills and pays the money it | | | | 4.ACCPAC Pro Series (ACCPAC International) |
| owes; Accounts Receivable where money | | | | 5.Vision Point 2000 (Best Software) |
| received is entered. | | | | C. Middle-Market Accounting Software: |
| The different categories or types of accounting | | | | 1.ACCPAC Advantage Series Corporate Edition |
| software are as follows:a) Small business/personal | | | | (Best Software) |
| accounting software which are mainly meant for | | | | 2.Great Plains (Microsoft) MAS 90 & MAS |
| home users. They are simple and inexpensive | | | | 200 (Best Software) |
| with simple functioning such as management of | | | | 3.Navision (Microsoft) |
| budgets.b) Low end accounting software are for | | | | 4.SouthWare Excellence Series (SouthWare) |
| small business markets that are capable of | | | | 5.SYSPRO (SysproUSA) |
| serving a single national market. Such software | | | | D. High-end accounting ERP Market: |
| are characterized by 'single entry' products.c) Mid | | | | 1.Axapta (Microsoft Software) |
| market accounting software are for companies | | | | 2.e-Business Suite (Oracle) |
| with large businesses. These software are capable | | | | 3.MAS 500 (Best Software). |
| of serving the needs of multiple national | | | | 4.Solomon (Microsoft) |
| accountancy standards and facilitate accounting in | | | | 5.ACCPAC Advantage Series Enterprise Edition |
| multiple currencies.d) High end accounting software | | | | (Best Software) |
| are complex and expensive business accounting | | | | In compiling the above list, a variety of factors |
| software that are also known as Enterprise | | | | such as feedbacks from customers, scalability of |
| Resource Planning or ERP software. | | | | the software, and after-sales support are used. |
| However, you have to keep certain things in mind | | | | Also, the different attributes for different |
| before buying an accounting software, like the | | | | categories have been considered like for ERP |
| prices of the software, its different features, its | | | | software, attributes such as manufacturing |
| after-sales support and alike. Most of the | | | | solution, supply chain solution and database |
| accounting software include all the important | | | | solution. The above compilation may not be all |
| accounting modules. The more specialized features | | | | inclusive and some people might choose to differ |
| a software has, the more expensive it becomes. | | | | with it but it is almost near to perfect list. |