Microsoft free accounting solution - Good Business Sense - Microsoft's FREE Accounting Solution for Small Business Owners
by Chris Malta
There are two main reasons business owners cite for not automating their finances and getting their businesses in order: price and complexity. However, according to Eric Gilmore, Product Manager for Microsoft Office Accounting, Microsoft's latest edition to their Office line-up eliminates both those excuses. Says Gilmore, "Office Accounting Express is available for FREE, no strings attached, no training required, at IdeaWins.com." Designed to be simple and user-friendly, the software necessitates no training manuals or courses and can be downloaded for free.
What does automating your finances do for your home business? It does several things, actually:
- It saves you a tremendous amount of time .
- It helps you organize your finances .
- It simplifies your online business transactions.
You no longer have to manually enter and re-enter data again and again — you can enter it once, and re-use it across different applications. Many tasks that had to be performed manually also become quicker and easier. With automated accounting, you can create quotes and invoices that you can export to other programs and customize for your business.
Utilizing accounting software lets you track your expenses, your profits, even your employees' hours.
When you can clearly see where money is coming in and where it's going out, you can see what areas are profitable for you, and where you need to make adjustments. You also know you're not paying too much in taxes; and should you ever be audited, you have good records to back you up.
Office Accounting Express accepts credit cards and PayPal payments — you can use Microsoft's merchant account provider, or integrate your own merchant account with your software. Through Equifax, you can monitor your customers' credit reports, right in the application itself. With a few simple clicks, you can convert a quote to an invoice, email it to a customer, and accept their payment online.