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CostHelper > Small Business  > Accounting Software

Accounting Software Cost


How Much Does Accounting Software Cost?

 
low costLow: $35-$100average costMedium: $140-$400high costHigh: $2,800-$40,000
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  Typical costs:
  • Intuit's QuickBooks costs $80-100 for QuickBooks Simple Start, for part-time companies or freelancers with simple bookkeeping needs; QuickBooks Pro 2007 for small businesses runs $165-$200 for one user; Q
  • Peachtree by Sage[1] offers First Accounting 2007 for entry-level accounts for small businesses for $50-$80; Peachtree Pro Accounting 2007 with additional automated features runs $140-$165; Peachtree Complete Accounting 2007 for more advanced business management is $190-$270 or $675-$750 for multi-user versions; and the comprehensive Peachtree Premium Accounting 2007 is $870-$1,100. Entrepreneur.com[2] evaluates Peachtree software. For mid-size firms who've outgrown basic accounting software, Sage MAS 90 or Sage MAS 200[3] run$5,000-$15,000.
  • Microsoft Small Business Accounting 2006[4] runs $35-$75; some users prefer this easy-to-use product because of its lower price and because it's better integrated with Microsoft Office, especially Microsoft Outlook. For mid-sized firms, there's Microsoft Dynamics GP (Great Plains), which costs $2,250-$3,980 a person annually for up to 10 users, or $22,500-$39,800 a year for a 10-person office.
  • NetSuite.com[5] provides on-demand web-based business applications for growing and mid-sized companies; prices vary depending on the complexity of the circumstances, but SmallBusinessComputing.com[6] estimates NetSuite costs $99/month for the first person and $49 for each additional user, or $550/month for a 10-person office.
Related articles: Business Tax Preparation, Bookkeeper, Payroll Service, Accountant

What should be included:
  • Deciding which accounting software program is best for your business depends on your specific industry, the size of your company and other factors; Entrepreneur.com[7] gives a quick overview of what to consider.
Discounts:
  • Figure out exactly what features you need, then decide if an older (and less expensive) version of a particular product will serve your company just as well as the latest model.
Shopping for accounting software:
  • Watch for sales: retailers such as Office Depot[8] , OfficeMax[9] or Costco[10] often run in-store sales or online specials on this type of software.
  • Search Froogle[11] or BizRate.com[12] to compare prices.
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External Resources:
  1.  na.sage.com/sage-50-accounting-us/products/compare/?isnow=sage50us
  2.  www.entrepreneur.com/article/159916
  3.  na.sage.com/sage-100-erp/
  4.  www.microsoft.com/smallbusiness/products/office/accounting/detail.mspx
  5.  www.netsuite.com/portal/products/main.shtml
  6.  www.smallbusinesscomputing.com/biztools/article.php/3405611/NetSuites-Online-Advantage.htm
  7.  www.entrepreneur.com/article/166216
  8.  www.officedepot.com
  9.  www.officemax.com/
  10.  www.costco.com/
  11.  /www.google.com/shopping
  12.  www.bizrate.com/office-tax-accounting-software/
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