<== Store of the Day for 2019-11-04 ==>
QuickBooks - Intuit
QuickBooks, by Intuit, is the preferred accounting system for small and midsize businesses. The program can help businesses take control of their finances.
Quickbooks is so well known in the accounting profession that small businesses can easily use Quickbooks to interface with accounting professionals as needed.
The basic accounting software can quickly be extended with payroll and tax extensions to build a completely electronic accounting system.
The QuickBooks Online Edition is a hosted application. Hosted applications have the advantage that the data is stored in a secure data center on a machine optimized for accountancy. Hosted systems are also better able to interface with other online systems such as the the bank or governing agency. One great advantage of hosted systems is that a business can share accounting information with an outsourced accountant with fewer security issues.
There are so many advantages of online application hosting that I anticipate the whole accounting profession will gradually move to hosted systems. Sadly, when I beta tested the hosted version of Quickbooks, it was missing a several of the features that I needed for my bookkeeping. This may have been corrected. You can try Quickbooks online for 30 days to see if it fits your needs.