What Is
Microsoft Office Accounting?
Microsoft®
Office Accounting Express 2007 and Microsoft Office
Accounting Professional 2007 are Microsoft Corp.’s newest
financial management solutions for small-business customers.
Office Accounting Express 2007 provides starting and
home-based businesses with the tools to help them save time
with everyday financial tasks and to grow their business
online. Office Accounting Professional 2007 offers enhanced
accounting features to established small businesses with
more complex financial management needs.
Integrated
Online Services Available*
Office Accounting Express 2007 and Office Accounting
Professional 2007 help customers grow their business online
and easily integrate with these online services:
·
eBay®.
Businesses can list products, upload images, track status in
virtually real time, and download and process orders.
·
PayPal®.
Integration with Microsoft Office Outlook® 2007
with Business Contact Manager and Microsoft Office Word 2007
allows customers to send invoices in e-mail and customers to
pay using PayPal.
·
Equifax®.
Businesses can monitor customers’ credit in virtually real
time.
·
Credit-card processing.
Businesses can accept online credit card payments through
Chase Paymentech Solutions, PayPal or VeriSign.
·
ADP
PayrollSM Solutions.
Businesses can process payroll, direct-deposit employees’
salaries, and pay taxes online.
·
Microsoft
Office Live.
Businesses can share their books online with their
accountant via Office Live Web-based services.
·
Online
banking.
Businesses
can download and reconcile bank transactions.
|
|
Office Accounting Express 2007 |
Office Accounting Professional 2007 |
|
Target Market |
Starting and home-based businesses |
More mature and growing small businesses with up to
25 employees |
|
Price/Availability |
Free download.** Available Oct. 30, 2006, at http://www.ideawins.com
|
Starting Oct. 30, 2006, Office Accounting Express
2007 can be converted to a trial version of Office
Accounting Professional 2007. In early 2007, Office
Accounting Professional 2007 will be available for
an estimated retail price (ERP) of $149 for a full
version or $99 (ERP) for a version upgrade for
Microsoft Small Business Accounting 2006 users.
|
|
Upgrade Path |
Businesses can upgrade to Office Accounting
Professional 2007 by buying the product at a
retailer or online and entering a product key in
Office Accounting Express 2007. |
Businesses can migrate their data from Office
Accounting Professional 2007 and upgrade to the
Microsoft Dynamics™ product line via a Microsoft
reseller. |
|
Core
Features |
·
Creation and tracking of customer quotes and
invoices
·
Acceptance of payments and returns
·
Easy-to-use reporting
with 22 pre-defined reports that can be customized
·
Forms customization,
enabling users to fully customize the data elements
in a form and save specific layouts
·
Role-based security
·
Integration with Microsoft Office Word, Outlook and
Excel®
to avoid double entry and enable further analysis of
financial data
·
Organize business information in one place:
Accounting Express 2007 and Outlook 2007 with
Business Contact Manager share the same data to help
ensure that information stays up to date
·
Accountant Transfer Wizard
provides an accountant cutoff date for files while
customers continue to use Office Accounting Express
2007
·
Multiclient Accountant View
and multiclient payroll processing for
accounting professionals |
·
Creation and tracking of customer quotes and
invoices
·
Acceptance of payments and returns
·
Easy-to-use reporting
with more than 60 pre-defined reports that can be
customized
·
Forms customization,
enabling users to fully customize the data elements
in a form and save specific layouts
·
Role-based security
·
Integration with Microsoft Office Word, Outlook and
Excel
to avoid double entry and enable further analysis of
financial data
·
Organize business information in one place:
Accounting Professional 2007 and Outlook 2007 with
Business Contact Manager share the same data to help
ensure that information stays up to date
·
Accountant Transfer Wizard
provides an accountant cutoff date for files while
customers continue to use Office Accounting
Professional 2007
·
Multiclient Accountant View
and multiclient payroll processing for
accounting professionals |
|
Advanced Accounting Features |
|
·
Multiuser access
to enable businesses to set permissions for
different employees to access accounting data
·
Multicurrency support
for companies that conduct business outside the U.S.
·
Inventory management
to monitor, manage and evaluate inventory using the
complete inventory manager
·
Fixed Asset Manager
to manage and track fixed assets
·
Sales order and purchase order tools
to track sales orders, purchases and transactions by
region
·
Job tracking
to monitor expenses and timesheets to track total
job profitability for better business planning
·
Enhanced cash basis accounting
for more cash flow flexibility and accuracy
·
Dashboard
provides one centralized location to view and manage
business information
·
Integration with Microsoft Point of Sale
retail solution to track sales and customer
information and run financial reports |
*
Third-party services are available for additional fees. More
information and system requirements for Microsoft Office
Accounting Express 2007 and Microsoft Accounting
Professional 2007 can be found at http://www.ideawins.com or
http://www.microsoft.com/office/accounting.
** Download
requires Internet access. Internet charges may apply.
