Good Business Sense Microsoft s Free Accounting Solution For Sb
Below is a MRR and PLR article in category Internet Business -> subcategory Web Hosting.
Good Business Sense: Microsoft's Free Accounting Solution for Small Businesses
Summary:
To achieve true success, you need to manage your business like a pro, and having solid accounting practices is key. Surprisingly, only 20% of the 20 million small and home-based businesses in the U.S. use accounting software for financial tracking. Many still rely on outdated methods like pens and paper, and some don’t track their finances at all, leaving them clueless about their profits or losses.
Keywords:
ecommerce, ebiz, estore, online store, internet store, home business, home-based business, internet, auction
Article Body:
Success in business starts with treating it professionally, and good accounting is essential. Astonishingly, only a fifth of the 20 million small and home-based businesses in the U.S. utilize accounting software to manage their finances. Many rely on traditional methods like pen and paper, while others keep no records, making it hard to assess their financial state.
Two main deterrents for automating finances are cost and complexity. However, Microsoft has addressed these issues with Office Accounting Express. Eric Gilmore, Product Manager for Microsoft Office Accounting, boasts that this tool is available completely free at [IdeaWins.com](http://IdeaWins.com). Designed for simplicity and ease of use, the software requires no training manuals or courses.
The Benefits of Automating Your Finances
1. Save Time
Automating your finances can drastically reduce the time spent on manual data entry. Enter data once, and you can reuse it across various applications. With automated systems, creating quotes and invoices becomes quicker and more customizable, freeing up valuable time.
2. Organize Finances
Accounting software helps you keep track of expenses, profits, and even employee hours. By clearly visualizing where your money is coming from and going, you can identify profitable areas and necessary adjustments. It ensures accurate tax payments and provides a reliable record in case of audits.
3. Simplify Online Transactions
Office Accounting Express streamlines online transactions, accepting credit cards and PayPal. It integrates easily with Microsoft’s merchant account provider or your own. Additionally, you can monitor customer credit reports through Equifax directly within the application. With a few clicks, convert quotes into invoices, email them, and accept online payments efficiently.
Using accounting software not only increases efficiency but also prepares you to handle growth by maintaining control. As Gilmore states, "This new software is free and incredibly simple to use, eliminating any excuse for not organizing your business finances."
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