Monday, 6 August 2012

Which Accounting Software is Best for You?

We are regularly asked which is the best accounting or bookkeeping software for our business? Especially as there are so many options today.


At A1 financials, we are a Sage preferred practice, but the answer really depends on your business needs.

To help you choose the best package for your business, here is an insight to our thinking:

• The size of your business. Micro, Small, Large, Corporate all have different needs.

• Your budget to purchase the software etc

• The needs of your business and requirement to integrate with other software or systems.

• The industry you're in and if any specialist software would help.

• What features and reporting information do you need as a minimum. Make a 'desirable' list before you research.

• How good are the support and training options.

• Ease of use.

• Any recommendations. From other business owners, professionals, press....

• What software does your accountant support? Using a program they don't support could cost you more in the long run.

• And finally, please don't just listen to the sales messages. Try and test the software.

4 comments:

  1. It is indeed better to seek advice from business owners, and aside from that, consult a credible accountant who works or worked in bigger enterprises. They could give you some important pointers and strategies, which will help you in your quest for the right accounting software that can cater to your needs and preferences.

    Phyllis Stoffel

    ReplyDelete
  2. First of all, you need to know what your business needs. If you're just in the process of starting out, software that will do the basics – compiling customer records and creating customer invoices and statements – is enough. For advanced needs, always make sure to talk to an accountant first before deciding. They can help you determine what kind of software you need by assessing your business’s needs. :)

    Regards,
    Jamie Shellman

    ReplyDelete
  3. We use Sage software as well, since you can upgrade it without any hassle. It is easily upgradable so you would not have to worry about your company outgrowing it, and upgrading doesn’t mean that you would scrap your existing package and start from scratch all over again.

    Darcy Grubaugh

    ReplyDelete
  4. Negotiating with your software provider is a must before closing the deal. You should be assured that you have put in the table all of the requirements and assistance you need from them to make the best out of the services you’re getting.

    Lakisha Rubert

    ReplyDelete