When Microsoft introduced its suite of desktop products under the title “Microsoft Office”, it seemed that they had packaged a nice collection of word processing and spreadsheet programs. It offered a mail and contact package along with a slick slide presentation program for the office worker who works on the sales side. There was also Access, the database program that could do virtually anything you asked of it as long as you could figure out how to ask and how to enter your data appropriately.
What was missing was a program for the employee on the P&L side, the employee who could analyze what the salesman was bringing in and company operations was putting out. What was missing was an accounting system, and then in 2004, Microsoft introduced their Microsoft Office Small Business Accounting (SBA) program. Microsoft’s SBA was truly targeted at the small business operator. This new program would benefit the entrepreneur who had outgrown Excel’s limited book keeping functionality but had not yet reached the level requiring Microsoft’s Small Business Manager Accounting, which at the time was a more sophisticated and far more expensive program.
Office SBA effectively ties together the limited functions of the other Office programs into an integrated small business set of books. Invoices created in word and sent to a contact name in Microsoft Outlook are logged in an Excel spreadsheet using the engine contained in the Small Business Accounting software. The software also offers capabilities for tracking sales and customer accounts receivable, disbursements and vendor accounts payable, and banking and financial reporting.
You can create customized forms through Microsoft’s Small Business Accounting software, providing that desktop-created professional look. SBA even has a program for converting appointments logged in Outlook into billable hours, which is the principal product for may attorneys and other consulting professionals.
You can run a payroll accounting system through Microsoft SBA that utilizes Excel as the platform. But the three principal accounting functions that the software provides are
: Creating invoices and purchase orders, Recording purchases, receipts, bank deposits, and bill payments Generating financial statements and other reports.
Small Business Accounting also will create flowcharts that provide the visual aid for following business transaction records. The newer versions of the software have converted some of the Outlook functions into a Business Contact Manager function.
The 2006 version of Microsoft Small Business Accounting opens with a setup record that walks you through the process of setting up your business accounting structure. This is an invaluable function, saving hours of headaches for the entrepreneur who is new to and confused by the book keeping functions of small business. You can select a type of business during the setup process, and the wizard will set up a chart of accounts designed to manage that type of business. You can import your contact list, or portions of it into the chart of accounts and already you have established the core of your business monitoring operation.
With a little practice, you’ll learn to utilize the flow charts and other analytical tools to predict business behavior. Microsoft Small Business Accounting, now several iterations old, has become a solid competitor in the small business accounting software field.
Click on a program or degree below to request information from the school of your choice.
There are no obligations and it's completely free!
|
Westwood College isn't your typical institution of higher learning. With our career-focused education, students can earn a bachelor's degree in just three years and some associate degrees in as little as 20 months.
|
|
| Associate Degree - Business Administration |
About
|
Request Info
|
| Bachelor Degree - Business Administration: Major in Accounting and Financial Management |
About
|
Request Info
|
| Bachelor Degree - Business Administration: Major in Fashion Merchandising |
About
|
Request Info
|
| Bachelor Degree - Business Administration: Major in Healthcare Management |
About
|
Request Info
|
| Bachelor Degree - Business Administration: Major in Management |
About
|
Request Info
|
| Bachelor Degree - Business Administration: Major in Marketing Management |
About
|
Request Info
|
| Bachelor Degree - Business Administration: Major in Retail Management |
About
|
Request Info
|
| Master Degree - Business Administration (MBA) |
About
|
Request Info
|
| Master Degree - Master of Business Administration |
About
|
Request Info
|
|
|
|
With convenient class locations as well as online learning, University of Phoenix makes quality higher education highly accessible. Whether you’re seeking an associate’s, bachelor’s, master’s or doctoral degree, we can help you reach your goal while you work – and much sooner than you might expect.
|
|
|
|
|
|
|
An accredited online university founded in 1970 and dedicated to enabling the success of working professionals around the world. Join 33,000+ students making a positive change in their careers and the lives of others.
|
|
|
|
|
|
|
At ITT Tech we are committed to helping men and women develop the skills and knowledge to pursue many opportunities in fields involving technology, criminal justice, and business.
|
|
|
|
|
|
|
Whether you want to change or advance your career, Kaplan University will help you get the education you need for the life you want to live. Offering online flexibility, the personal attention of a campus-based experience, reduced costs, financial aid assistance, and a quicker path to your degree, Kaplan University is a smart choice for working adults.
|
|
|
|
|
|
|
Florida Career College has been specializing in career training since 1982. All our programs are specially designed with employers' requirements in mind. We train individuals who want to succeed in the fields of Allied Health, Cosmetology, Information Technology, and Business and Wellness.
|
|
|
|
|
|
|
As an accredited university, Capella University takes online education to a higher level. We believe that real, life-changing learning happens in an environment of academic excellence, challenge, and personal connection.
|
|
|
|
|
|
|
Founded in 1970, American InterContinental University offers a wide range of Associate, Bachelor's and Master's degree programs. Our institution of higher learning is focused on helping students acquire industry-current knowledge and skills as they pursue, build and advance their careers in many of today's most in-demand fields.
|
|
|
|
|
|
|
Programs at Argosy University are geared to your lifestyle. Depending on the program you select, you may be able to choose from day, evening and weekend schedules. Many of our classes are accessible online providing outstanding instruction and resources no matter where you are or what time of day it is.
|
|
|
|
|
|
Tags: accounting, business, Business and Management, management, microsoft office, word processing
This entry was posted
on Wednesday, December 12th, 2007 at 11:02 am and is filed under Business and Management.
You can follow any responses to this entry through the RSS 2.0 feed.
Responses are currently closed, but you can trackback from your own site.
