Many small business owners purchase accounting software for their computer. This is a good idea, particularly if you don’t have any formal training in accounting. However, it’s important to do some research before you make the purchase.
What features do I need in accounting software?
- Inventory management?
- Sales tracking?
- Manage customer contacts or work with your current contact management software?
- Merchant account support to accept credit card payments?
- Budgeting?
- Estimates?
- Payroll?
- Business tax reporting?
Will the accounting software grow with my business’ needs?
What accounting software does my bank support?
Should I choose online or desktop accounting software?
Can access be restricted for some users?
Does it provide customer support? How?
