If you are a small business that just needs to record income and expenditures, you may be better off using a spreadsheet. I have some free accounting software (Excel Spreadsheets) you may want to use. See this page for more details.

However, if you have customers to whom you extend credit; you purchase your supplies on credit, you process over 50 business transactions per month; or you keep inventory...you need to invest in a good accounting software that is suited to your particular business needs.

Choosing accounting software for small business can be a time consuming task, but it is time well spent. You don’t want to purchase high-priced accounting software just to discover, you can’t figure out how to enter your business transactions and the support you need to call...costs an arm and a leg.

You need to research accounting software reviews; talk to other small business owners locally and on the internet (check the forums out on the software you are considering); talk to your accountant (if you have one or plan on hiring one); and use the free trials. Most accounting software companies have 30 day trial periods now.

Once you have chosen the best small business accounting software for your particular business, you can start using it to make wise business decisions to grow your business to its fullest potential. The sky’s the limit!

Never Lose Your Receipts
For tax prep, good recordkeeping, and unexpected IRS audits, you will always need your receipts for your business expenses. Use Shoeboxed.com for all your receipt organization needs - 30 day free trial available.