Microsoft’s Free Accounting Software for Small Business

Written on April 22, 2007 by Amanda M. Gladden

Once your new business starts generating sales, the need to utilize some type of accounting system becomes very apparent. Many new business owners use pen and paper or Excel spreadsheets to accomplish this task. To make things a lot faster and more efficient, Microsoft has created Office Accounting Express 2008, an easy to use accounting software package.

Did I mention that it is FREE?

The software features include:

Online sales integration gives you the ability to sell inventory, track activity, and download orders in online marketplaces such as eBay directly from Office Accounting Express 2007.

Equifax credit service enables you to monitor credit for your business, customers, or prospects.

PayPal integration enables you to get paid faster by offering the PayPal payment option to customers.

Microsoft Office Live integration enables businesses to more securely exchange financial information with accounting Professionals and other contacts.

Accountant Transfer Wizard helps you share data with an accounting Express and synchronizes data easily after the accountant is done updating the books.

Accountant View page provides a central location from which accountants can manage Office Accounting Express 2007 data for multiple clients independently.

Data import enables users to import accounting and financial data from additional programs and versions, including Microsoft Money, Excel, and QuickBooks.

Account and Customer Integration Wizard enables synchronized data sharing so that you can make updates to a customer’s record in one program and quickly see the results in the other program.

Journal entry is now expanded so you can be more productive by creating numerous journal entries posting on different dates and with different accounts.

Forms customization has been improved so you can tailor any form by adding, moving, creating, or renaming fields, and hiding unnecessary data element fields.

Customizable security roles have been improved and now you can add and remove employee permissions to control access to sensitive financial information.

The software is currently available in the USA and UK only and requires Windows 2003/XP. Unfortunately, there is no version available for Mac users.

Download your free copy at: http://office.microsoft.com/en-us/accountingexpress/FX101729681033.aspx

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2 Comments so far.

Intuit’s Free Accounting Software-QuickBooks Simple Start 2008 | Woman Start Your Business Now said : :

November 10th, 2007 at 10:16 pm

[…] Related Post: Free Accounting Software for New Small Businesses (from Microsoft) […]
steve said : :

May 22nd, 2008 at 8:48 am

OK free software is fine, however you need to bear in mind that it will have it’s limitations. The vendors only release it to start you using it, then hopefully when you need a full package, you will adopt the “it’s easier to upgrade than change” mentality. You may find you find it’s limitations sooner rather than later too.