Biz Tool: Office Accounting Express 2007
Upping the ante against Intuit, Microsoft has released a new accounting software package for small and home businesses. The most alluring feature of the offering may not be its Outlook-like interface and Office integration, but rather its price: free.
Office Accounting Express 2007 is largely a basic accounting suite aimed at those who currently use pen and paper or a spreadsheet to manage their finances. Startups and eBay sellers are among the intended audience, Microsoft says.
Businesses can use the software to sell products online, create and send invoices, track expenses, automate bank account and customer payments, store contact information, and access more than 20 predefined reports. Support for eBay and PayPal is built directly into Accounting Express.
To simplify setup, Microsoft has included a startup wizard, and the software can important data from Intuit QuickBooks, Microsoft Money, and Microsoft Office Excel.
Although the product itself is a free download, Microsoft has bundled seven third party services, some of which are available for additional fees. These include processing payroll through ADP, accessing reports from Equifax, and sharing of books with an accountant via Office Live.
Office Accounting Express 2007 can be downloaded here.
Photo by BetaNews.
Jon on October 31st, 2006 8:12 pm
Did you check out the feedback for this app that has been left on the download page. I don’t think Intuit is too worried, M$ is giving them a gift with the quality of this thing, Quickbooks sales will increase.
jonam on October 31st, 2006 9:07 pm
The reviews of the product are by and large positive. For e.g read the CNET review here http://reviews.cnet.com/Microsoft_Office_Accounting_Express_2007/4505-6405_7-32135427.html
ccording to the review the software is actually very good. Also the user comments are positive
Roger on November 3rd, 2006 8:47 pm
I downloaded and started using the software and am thrilled with it. Appears to be the second version of their small business accounting and has a lot of great features to invoice, manage expenses and the one i love is ability to sell directly on ebay. MY CPA will love me !!. Microsoft finally gets its act together with office accounting.
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