May 25, 2006

Intuit, NetSuite and Sage Peachtree Receive Top Honors in Accounting

There are MANY accounting programs on the market, only a few of them are even worthy considering I guess. The CPA Technology Advisor has reviewed several small business accounting solutions including: A-Systems Corporation ó Visual Bookkeeper, MYOB US, Inc. ó BusinessEssentials Pro, CheckMark Software ó MultiLedger, NetSuite ó NetSuite Small Business, Sage Software ó Peachtree Premium Accounting 2007 and more.

Top honors, 5 stars, go to: NetSuite, Sage's Peachtree, and Intuit Quickbooks.

CPA Technology Advisor writes Small business management programs are designed to help them achieve this balance, but the subject of accounting for these entities can be tricky. While larger concerns can hire trained bookkeeping and internal accounting teams, smaller businesses generally can't justify the expense, leaving the principals of the entity or their multi-role managers to handle the day-to-day books and then contracting the monthly services of their accountant for more detailed and complex functions.

This goes hand-in-hand with an AMI Partner study which reads The U.S. accounting software market is a mature one. As indicated in Figure 1, businesses are increasingly likely to deploy accounting software as they grow. In addition, accounting requirements intensify as SMBs grow in size and complexities, necessitating that SMBs migrate from basic accounting solutions to more robust ones.

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