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any good accounting software?Views: 4085
Apr 27, 2007 5:22 amany good accounting software?#

bradley luke
I am currently using Quickbooks for another business but not using it for my ecommerce retail music book business. I'm tracking everything manually at this point but am trying to make a decision on accounting software and the inventory aspect is my main area of concern. It seems that Quickbooks' lack of costing methodolgies (uses average cost only rather than LIFO/FIFO options) is a serious drawback since our product costs do fluctuate from time to time. In my research of Peachtree, I see that it is more flexible and allows other cost methodologies. Can anyone else share your experience in regard to this issue tell me about any other accounting software that you might recommend for a small retail business? Thanks.

Private Reply to bradley luke

Apr 27, 2007 12:26 pmre: ANY GOOD ACCOUNTING SOFTWARE?#

andrew ian
Integrity Partners, a NY based consulting firm focusing on taking your business to the next level with the right accounting software.

Find out why it is the one and only accounting system that is enabling finance teams everywhere the freedom to leave the office by 5:00. Visit us today online at http://www.integritymbs.com/, or call us at 1(888) 869-4090 Ext.705
Our Services include Implementation, Support, Training, Data Conversions & More. Supporting NY, NJ, CT & PA.

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Apr 27, 2007 5:56 pmre: ANY GOOD ACCOUNTING SOFTWARE?#

Angelo Cerase
As much as it pains me to suggest a Microsoft product, but MS has a new accounting program called MS Accounting. There is a free basic version available for download, and a paid version with more options.

This is a new product, and may or may not have the features you're looking for.


Private Reply to Angelo Cerase

Apr 28, 2007 12:12 amre: ANY GOOD ACCOUNTING SOFTWARE?#

Fred Keller
Hi Bradley,
Have you checked with INTUIT to see if they plan on offering FIFO, LIFO and FISH anytime soon?
FISH? (First In, Still Here)

Looking forward to results of your investigation - particularly of Microsoft's product. Great suggestion Angelo - I hadn't heard of it either.



Hurry - Build Your: http://website-that-works.first411.com

Private Reply to Fred Keller

May 14, 2007 8:03 pmre:ANY GOOD ACCOUNTING SOFTWARE?#

Sue Elvins
You're better off staying with what you know rather than training on something which you don't especially if it involves a lot of time and excessive money expense.

Second, with the MS Accounting software it says that it is free however it is not. After 30 days (I think that is the time frame) you have to pay for it so technically you only have a taste of what you're getting.

In my opinion, something you might want to consider is QuickBooks or ACT! If not mistaken you can download trials of both before purchase. The most valuable thing to consider is something that does exactly what you need and when you need it. A tall order perhaps but not impossible to fulfill.


Sue Elvins

Private Reply to Sue Elvins

May 15, 2007 6:20 amre: re:ANY GOOD ACCOUNTING SOFTWARE?#

You CAN use TALLY accounting Software . It is user friendly and easy to learn .
Please clik on the link below to go to Company Website . In India we use this software .



Private Reply to kishan

May 21, 2007 8:50 amre: ANY GOOD ACCOUNTING SOFTWARE?#

Philip Ang
Try MYOB software!
I was accompanying my friend to a computer supermarket today and she was looking for MYOB...it is an accounting software that is popular in Singapore. What a pun for this network.
Just go to google to do a search and type myob. there is an office in USA.
At the supermarket, the sales staff explained that there are 3 versions. And one is specifically tailored for retail.

Philip ang

Private Reply to Philip Ang

Sep 29, 2007 1:21 amre: ANY GOOD ACCOUNTING SOFTWARE?#

Jason Schroeder
I just joined this network and was scrolling to see if there was anything I could help someone with.

My QB consulting group has mentioned an add-on to QB called Prostore. I am checking to see if their is any feedback on the software and I will let you know if you are still in need of a solution.

Thank you,
Jason Schroeder
President, Money Finders, LLC
Finding Financing for your business!

Private Reply to Jason Schroeder

Sep 29, 2007 3:45 pmre: re: ANY GOOD ACCOUNTING SOFTWARE?#

First Last
We just setup an accounting firm in Boca Raton with a fabulous system that allows their employees to share the same data, work remotely, use any software they need and backup everything into one location all while remaining compliant and secure.

Our company sets up computer networks and custom server solutions for business, especially those in the Financial Industry. With all of our experience with accounting firms we've noticed a trend towards 3 major types of software for large scalled accounting firms. These are listed below, however, I really like Quickbooks Pro as well.

1. IPM Property Management Software

2. CCH Tax and Accounting Pro System

3. Thompson Creative Solutions UltraTax CS and Engagement CS

You may find interest in reading our blogs found here:
1. http://www.dandkenterprise.com/DandKEnterpriseMicrosoftNetwork.html
2. http://www.dandkenterprise.com/blogs/computernetworkconsulting/computernetworkconsulting.html
3. http://www.dandkenterprise.com/blogs/itoutsourcingformicrosoftwindows/itoutsourcingformicrosoftwindows.html

David Cochrane
D&K Enterprise
Bridging the Gap Between Humans and Technology!

Private Reply to First Last

Oct 03, 2007 4:12 amre: ANY GOOD ACCOUNTING SOFTWARE?#

Sharilee Guest
Sue has a valid point. Be sure to consider the learning curve and investment to learn something new before you switch from something you are familiar to something you don't know.

Of course, if you find something that will work better and you have the resources to learn how to use it effectively, go for it!

Sharilee Guest
Founder, AmericaTakingAction.com National Education Network
Founding President, Bookwise
Winninginthemargins.com (Use passkey: freedom)
Consultant, Simply Fun
Consultant, Stuff -N- Snuggle
Distributor, That's A Wrap
Affiliate, Bare Foot Books
7 Great Lies of Network Marketing
Successful Network Marketing

Private Reply to Sharilee Guest

Nov 05, 2007 4:57 amre: ANY GOOD ACCOUNTING SOFTWARE?#

This thread interests me!

Having seen the necessity for a GOOD accounting software for global SMEs here's an attempt to bring the best for small businesses.

Please take a look at http://www.p2paccounts.com/downloads.html

I would be keen to receive feedback.



Private Reply to RHA

Nov 06, 2007 1:31 amre: ANY GOOD ACCOUNTING SOFTWARE?#

Ghazali Ridzwan
Have you tried netsuite. It seems to have the features that you may need.(Average Cost, LIFO, FIFO).


G Ridzwan, Senior Web Consultant
ANTARAMEDIA | explore the possibilities

Private Reply to Ghazali Ridzwan

Nov 06, 2007 8:08 pmre: ANY GOOD ACCOUNTING SOFTWARE?#

Christine Richmond
You perhaps need a QB 'expert' to set up your item costs so that you can track inventory - I use it in the UK for a photographic agency and it's no big deal provided you set it up properly. If your item costs change, you just edit the individual items - perhaps if you contact QB help direct, or ask the question on one of the QB forums you will get more specific help but I can't see why you are having problems tracking stock - QB is great at that. Try looking on the QB/Intuit website and follow the links to the forums or help questions.

Hope this helps.

Best wishes
Christine Richmond

Private Reply to Christine Richmond

Nov 06, 2007 8:52 pmre: ANY GOOD ACCOUNTING SOFTWARE?#

Carrie Edwards
I'm using Microsoft Accounting and it's wonderful. It's working very well for me and there is NO expiration on the free software. You can upgrade at anytime or stick with the Express version.

So far, I haven't found any reason to upgrade and am using the express version for my VA business. It's working great. I can keep track of who owes what as well as print, or e-mail invoices and track payments for various types of services.

Good luck!

Carrie Edwards
Virtual Marketing Assistant
Time is money. How are you spending yours?

Private Reply to Carrie Edwards

Nov 07, 2007 9:36 pmre: ANY GOOD ACCOUNTING SOFTWARE?#

Rick Kershner
I am amazed that no one has mentioned Peachtree Complete which does lifo / fifo and other methods. Peachtree is one of the oldest PC accounting packages, has been aroind longer than quickbooks, and is very complete.

you can call a product specialist at 1-877-495-9904

see the website at http://www.peachtree.com/peachtreeaccountingline/complete/
(for peachtree complete) or here
for a free trial: online; download; or trial CD - which can be activated if you start and want to buy it

There is an independent developer community that has been around for 20+ years just for peachtree; anything you want likely has been done but if not it can be programmed.

Private Reply to Rick Kershner

Nov 10, 2007 10:38 pmre: re: ANY GOOD ACCOUNTING SOFTWARE?#

Warren Richman
Hi All:

I think the question is somewhat backward. In my experience, most commercial software is viable and capable of performing the tasks required to organize a small business's books, keep accurate records, produce the required financial statements etc.

However, as with most good TOOLS, the value of the tools is not intrinsic to the tool, but rather depends on the skill, experience and expertise of the professional using the tool. One of my personal pet peeves is the dependence we have developed on technology to replace or diminish the value of expertise.

I would frame the question more along the lines of:

Does anyone have any recommendations for good financial and accounting professionals who can provide the expertise and experience we need to manage and grow our business?

That should come first, whether it is for hiring an internal CFO, finding a CPA/CPA Firm that fits your needs and/or finding the right consultant to help frame your needs so that you and your accounting professionals can make a technology choice that is the best fit for you and your company.

I also think it is important to look at more than just the selection and implementation of a software solution, but also consider the needs and flexibility to provide the best information that will allow you to make good decisions on a continuous basis as you manage the growth of your company.


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