Microsoft releases Microsoft Office Accounting Express 2007, a financial management software designed for early startups and small or home-based businesses. Office Accounting Express 2007 consists of desktop software that is a free download and seven integrated premium online services available for a fees. Unlike during Microsoft Office Accounting 2007 beta, the application has been split to Express and Office Accounting Professional 2007, which is the successor to Microsoft Office Small Business Accounting 2006. Office Account Professional 2007 is a full feature comprehensive business management solution for small businesses and features more capabilities such as inventory management, multicurrency invoicing, multiuser access and fixed asset management.

Office Accounting Express 2007 features basic accounting function such as creation of quotes and invoices, expenses tracking, acceptance of payments and returns, over 20 customizable pre-defined reports, forms layout customization, role-based security, integration with Microsoft Office Excel, Word and Outlook, Accountant Transfer Wizard that provides accounting cutoff date, multiclient Accountant View, multiclient payroll processing. Online services allows OA Express users to manage payroll and taxes with ADP PayrollSM Solutions, sharing via Office Live, eBay store management such as list items, upload images, track sales activity, and download and process orders, Paypal integration for invoicing, Equifax integration for business credit, accept online credit card payments through Chase Merchant Services, PayPal or VeriSign, and perform online banking. Office Accounting Express 2007 is available for free download via ideaWins (no longer available).

Microsoft Office Accounting 2007

ABC News (link dead) reviews Microsoft Office Accounting Express 2007 and concludes with very good rating of 7 out of 10 that if you’re new to accounting software in general, then the free Microsoft Office Accounting Express 2007 is worth a try, and it’s a better pick over a QuickBooks app if you’re an eBay power seller who moves a lot of merchandise via the online auction giant. But if you’re already using Intuit’s software, then we recommend sticking with QuickBooks.

CRN (link dead) concludes that from ADP to online marketplaces and even setting up new bank accounts, Office Accounting does not miss a beat in ease of use. Everything seems to be well-orchestrated into simple workflow steps and clearly defined tasks. Test Center engineers did not find any exceptions or circumstances in Office Accounting whereby small businesses would need to reconcile some tasks by having to rely on paper or spreadsheets.

Microsoft Office Accounting Express has been upgraded to version 2009.

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