Product Comparision


Accounting Software Features Microsoft Office Accounting Professional 2008 Microsoft Office Accounting Express 2008 Microsoft Office Accounting Professional 2007 Microsoft Office Small Business Accounting 2006
Double-entry accrual accounting ✔ ✔ ✔ ✔
Cash basis accounting ✔ ✔ ✔  No separate cash basis books
Setup Wizard ✔ ✔ ✔ ✔
Office Accounting Resource Center ✔ ✔    
Multi-level Chart of Accounts and General Ledger ✔ ✔ ✔  Two-level Chart of Accounts
Accounts Receivable and Accounts Payable ✔ ✔ ✔ ✔
Invoicing, bill payments, and returns ✔ ✔ ✔ ✔
Bulk e-mail of documents ✔ ✔    
Scheduled documents ✔      
Audit trail and change tracking ✔ ✔ ✔ ✔
Budgeting tools ✔      
Financial reports  Over 70 20  Over 60  Over 60
Rich form customization ✔ ✔ ✔ ✔
Role-based security ✔ ✔ ✔  
Backup and restore with data compression ✔ ✔ ✔ ✔
Spanish language edition ✔ ✔    
Microsoft Office Integration        
Import from Excel, QuickBooks, and Money ✔ ✔ ✔  Excel and QuickBooks only
Import data--including transactions--via Excel or CSV files ✔ ✔    
Familiar Microsoft Office user interface ✔ ✔ ✔ ✔
Full integration with Outlook with BCM with shared accounts ✔ ✔ ✔  Linked accounts only
Customize and personalize documents in Microsoft Office Word ✔ ✔ ✔ ✔
Create and send letters to customers with Office Word ✔ ✔ ✔ ✔
Send forms, letters, and reports in e-mail ✔ ✔ ✔ ✔
Export data to Microsoft Office Excel for analysis and charting ✔ ✔ ✔ ✔
Advanced Accounting        
Cash flow forecasting tools and reports ✔   ✔ ✔
Actionable company dashboard ✔   ✔ ✔
Memorized documents for recurring transactions ✔   ✔ ✔
Quotes and sales orders ✔   ✔ ✔
Multiple price levels ✔   ✔ ✔
Purchase orders ✔   ✔ ✔
Convert sales orders into purchase orders ✔      
Finance charges ✔   ✔ ✔
Job costing and class tracking ✔   ✔ ✔
Create and track inventory and kits ✔   ✔ ✔
Automatically reorder low inventory ✔      
Multicurrency support ✔   ✔  
Fixed Asset Manager ✔   ✔  
1099 reports ✔   ✔ ✔
Excel-based manual payroll in product ✔   ✔ ✔
Integration with Microsoft Retail Point of Sale ✔   ✔  
Multi-user functionality (peer-to-peer or Small Business Server network) ✔   ✔  Not optimized for SQL Server installs
Run on SQL Server 2005 Standard, Workgroup, or Enterprise Edition ✔  SQL Server Express Edition only ✔  MSDE
Integrated Online Services        
Accept credit card payments via Chase Payment Services ✔ ✔ ✔ ✔
Integrated online banking ✔ ✔ ✔  Fewer banks supported
Monitor customer and vendor credit worthiness via Equifax ✔ ✔ ✔  
List, sell, and process items on eBay ✔ ✔ ✔  
Electronic invoicing with PayPal ✔ ✔ ✔  
 Process payroll for employees, direct deposit salary, and pay taxes via ADP ✔ ✔ ✔ ✔
Order compatible checks and forms ✔ ✔ ✔ ✔
Accounting Professional Features        
Online sharing of books with accountant via Office Live ✔ ✔ ✔  
Multi-client accountant navigator ✔ ✔ ✔  
Multi-client payroll center ✔ ✔ ✔  
Batch Journal Entry Worksheet ✔ ✔ ✔  
Accountant Transfer Export Wizard ✔ ✔ ✔  
Accountant Business Template Export ✔ ✔ ✔  
Show/hide voided documents ✔ ✔    
Related Links
  • To learn more about or join the Small Business Specialist Community, click here
  • To learn more about or join the Microsoft Professional Accountants’ Network, click here
  • Add-on Solutions Directory
  • To sign up for the Accounting Network News, a monthly Office Accounting Newsletter for Accounting Professionals and Partners, click here
* Cost based on 5 employees with checks printed on-site. Additional fees may apply.
**Optional Service-$10.00 per payroll for ADP print and delivery.
***Optional Service-$5.00 per payroll and $.15 per direct deposit transaction for direct deposit handled by ADP.
Additional fees for ADP Total Payroll, when applicable:
  • - Additional $1.00 per new hire for New Hire Reporting.
  • - Additional $6.00 to file each state after the first.
  • - $25.00 fee for depositing/filing without a proper tax ID #.
  • - W-2 Processing is $20.00 base charge plus $2.50 per W-2.