Narrow down accounting software choices by making a list of small business accounting features you need to run your business. Most of small business accounting features include:
- Inventory management
- Sales tracking
- Manage customer contacts or work with your current contact management software (Outlook, ACT!)
- Merchant account support to accept credit card payments
- Budgeting
- Estimates
- Payroll
- Business tax reporting
Industry-specific Accounting Software
Some accounting software is designed specifically for industries such as construction, manufacturing and wholesale distributors. If your small business is in an industry with specific accounting requirements, there may be accounting software with features to meet those requirements.
Talk to Others About Accounting Software
Before you buy accounting software, talk to at least three other people who use accounting software in businesses that are similar to yours. Discuss what they like about their accounting software and what needs improvement. You may find that there is no perfect accounting software out there, but do not be discouraged. The goal is to find accounting software that best meets your small business needs.
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