Microsoft Office Accounting 2008: Express and Professional


What is Microsoft Office Accounting 2008?

Microsoft Office Accounting Express 2008 and Microsoft Office Accounting Professional 2008 are Microsoft Corp’s next wave of financial management solutions for small business customers. Office Accounting Professional 2008 offers enhanced accounting features to established small businesses with sophisticated financial management needs. Office Accounting Express 2008 offers new and home-based businesses basic tools to save time with everyday financial tasks, and to grow their business online.

What is the difference between the Express and Professional versions?

Office Accounting Express Office Accounting Professional
Target Market New and home based businesses More mature and growing small businesses with up to 25 employees
Price/Availability Download your free copy of Office Accounting Express by visiting www.ideawins.com. A FREE TRIAL of Office Accounting Professional 2008 is available via download from www.ideawins.com.
Full Version: $199.95
Upgrade Version: $149.95
Upgrade Path Step up to Office Accounting Professional 2008 by downloading a FREE TRIAL online available at www.ideawins.com Upgrade to the Microsoft Dynamics product line via a Microsoft reseller.
Core Features
  • Track your income, expenses, employees and vendors
  • Create and track quotes and invoices
  • Organize all business information in one place: Accounting Express 2008 and Outlook 2007 with Business Contact Manager share the same data to help ensure that information stays up to date.
  • Easy integration with Microsoft Office: Office integration enables users to reuse data across different applications and easily analyze their financial data, You can also share your Office Accounting file with your accountant through your Office Live Small Business web site.
  • Easy-to-use reporting: Provides pre-defined reports that can be customized. Express has over 20 different reports and Professional has over 70 different reports
  • Customization: Fully customize the application, including forms, fields and labels to the needs of your business.
  • Integration with eBay and PayPal for businesses that sell online. List items directly to eBay, manage orders and download transactions, all from Office Accounting.
  • Add-on services including payroll, credit card processing and credit checks
  • Accountant Transfer Wizard: Accountants can edit an Office Accounting file while the client continues to work on it. Changes are synched automatically.
  • For accounting professionals: Multi-client accountant view and multi-client payroll processing.
Advanced Accounting Features (Professional version)
  • Inventory management: Track, manage and sell inventory using the comprehensive inventory features.
  • Job tracking: Track expenses and employee time by job to better track your profitability.
  • Sales orders and purchase orders: Track sales orders and purchase orders for greater control
  • Customizable Dashboard: Provides one centralized location to view and manage business information.
  • Multi-user access: Add and remove permissions for different employees to access and edit accounting data.
  • Cash flow forecaster: Project your cashflow under various what-if scenarios so you always know your financial situation.
  • Multi-currency support: For companies who conduct business outside the U.S.
  • Fixed Asset Manager: Track and depreciate your fixed assets
  • Microsoft Point of Sale Integration: Integrated retail solution to track sales, inventory, customer information, and run financial reports

What is new in the 2008 version?

The Office Accounting team has been listening to our customers and we have used that feedback to enhance our newest version.

Here are some of the exciting new features customers will receive in the 2008 release:


  • New Spanish version with bilingual capabilities – New bilingual versions of Office Accounting Express and Professional targeted to Hispanic businesses enable customers to switch between English and Spanish. This will allow Hispanic-owned businesses – the fastest growing segment of small businesses – to manage their finances in both English and Spanish.
  • New Resource Center – The resource center brings together more educational resources than ever before in one easily accessible location where users can browse through a broad range of topics, from financial management basics and business issues to demos and trainings.
  • Budgeting – Customers can create budgets and track how they compare to actual results for better control over their finances.
  • Universal transaction import- Import financial data including transactions into Office Accounting from virtually any accounting package or LOB software via Excel or CSV files
  • Invoicing is now easier than before – Customers can now send Office Accounting documents in Word or PDF formats in bulk with just a few clicks.
  • Enhanced Purchase Order and Sales Order tools – Users can now create a purchase order from inventory on a sales order as well as create purchase orders for items based upon inventory reorder points.
  • Online banking is now more streamlined – Office Accounting now features easier setup of online banking and supports more financial institutions than ever before.

Office Accounting is expanding into the U.K.

Office Accounting is now debuting internationally in the U.K. where we have been in limited beta since spring. Office integration, ease of use and strict adherence to the U.K. accounting rules enables customers to effectively manage their business finances. U.K. customers can now download the full version online from www.msofficeaccounting.co.uk.

Integrated Online Services Available

Office Accounting 2008 offers customers the ability to grow their business online and easily integrate with other software and online services including:
  • eBay: List products, manage orders and download transactions, all from Office Accounting. (U.S. Version only).
  • PayPal: Integration with Microsoft Office Outlook with Business Contact Manager and Microsoft Office Word allows customers to send invoices in an e-mail message and allows customers to pay directly from the email with just a few clicks.
  • Microsoft Office Live: Share books online with an accountant via Microsoft Office Live’s Web-based services.
  • Equifax: Monitor your customers’ credit in real time.
  • Credit Card Processing: Accept online credit card payments through Chase Merchant Services, PayPal or VeriSign (U.S. Version only).
  • Payroll services: Manage employees, process payroll and file taxes and forms with service integrated directly into Office Accounting..
  • Online Banking: Download and reconcile bank transactions.

U.S. SKU’s Available

  • Express Edition, Free – Offers starting and home-based businesses the basic tools to save time on everyday financial tasks, and to grow their business online.
  • Professional Edition, $199.95 – Offers enhanced accounting features to established small businesses with more sophisticated financial management needs.
  • Upgrade Edition, $149.95 - Designed for companies that wish to upgrade from competing software or previous versions of Office Accounting.
  • New! Express Spanish Language Edition, Free – A bilingual edition of Office Accounting Express 2008.
  • New! Professional Spanish Language Edition, $199.95 – A bilingual edition of Office Accounting Professional 2008.
  • New! Upgrade Professional Spanish Language Edition, $$149.95 - Designed for companies that wish to upgrade from competing software or previous versions of Office Accounting.

* Third party services may require a fee.


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