Identify three accounting software packages that you would consider for a small business. Explain what must be taken into consideration when selecting small business accounting software. And, state why the quality of record-keeping is so important in track business finances for accurate record keeping. Highlight the key discoveries of your accounting software research: Compare and contrast the three software accounting software you have selected with a focus on record management. Then, discuss the advantages and disadvantages that each accounting software package may present. Document if the accounting software packages selected can or cannot be used as a strategic business management tool (historical data, reporting, forecasting, etc.) Conclude with a statement about how accounting software can be leveraged as an effective strategic business management tool.

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Accounting software can provide small business with many efficient ways of managing daily financial tasks as well as provide management and ownership with useful reports to help analyze business perfo... View the full answer