Software

Wave Accounting is part of Wave Apps, which is a suite of free or low-cost apps for self-employed individuals and micro-businesses to accomplish traditional accounting tasks like billing customers, recording payments, writing checks, and downloading transactions from financial institutions.

Intuit QuickBooks Online was one of the first online small business financial management applications when it was launched in 2000. The application has expanded to include many new features over the years, and it is now available in more than 10 languages and 100 countries.

CPA Practice Advisor's Editor-inChief spoke with cloud accounting vendor Jim Secord, the CEO of small business accounting developer Kashoo on the evolution of online accounting systems.

Acclivity’s AccountEdge Pro 2014 is a U.S. small business accounting software application for both Windows and MacOS which originated as the U.S. version of global small business management system MYOB. AccountEdge is now available in three versions (AccountEdge Basic, AccountEdge Pro, and AccountEdge Cloud) with three localizations (U.S., Canada, and a generic international version). Acclivity also offers solutions for point of sale, a free mobile version of AccountEdge (AccountEdge Mobile for iOS), a web store service, and a time tracking application

Sage 50 Premium Accounting (U.S. Edition) is one of the most well developed accounting products included in this review. The application is more debit and credit oriented than some competitors, but retains forms for simple, quick data entry. Templated charts of accounts are available for more than 50 different industries, users can create their own chart of accounts, or settings can be copied from an existing Sage 50 company.

Drake Software is a tax software solution designed for quick data entry and return processing. A unique aspect to Drake Software is the all-inclusive pricing model. This allows tax practitioners to process unlimited federal, state and electronic filing at a known, fixed rate with no additional function modules to purchase. Drake’s software system includes built-in free modules for client write-up, payroll and practice management.

Sage North America is gearing up for its annual learning event, the Sage Summit. Whether you've attended the Summit in the past or are new to the event, you're likely to experience a new way of learning, growing, and improving your business.

Cloud accounting software vendor Xero has been chosen by Forbes Magazine as the top company in it's list of the World's 100 Most Innovative Growth Companies.