Work more effectively!

Product Information

Microsoft Office Accounting Professional 2008 is a complete accounting solution designed for business owners, bookkeepers, and office managers in any company with up to 25 employees. It requires no accounting experience to use and works smoothly with the Microsoft Office programs you use every day. By organizing financial information in one place, you will get a complete view of your business and obtain valuable information for your interaction with customers. Office Accounting Professional 2008 includes comprehensive tools for managing your business finances more effectively so you can spend more time managing your business.

• A complete accounting solution that helps small businesses save time managing everyday financial tasks, get organized, and grow their business online
• Familiar Microsoft Office interface that's easy to set up and use--no training is needed
• Deep integration with other Microsoft Office programs helps streamline necessary but time-consuming and repetitive accounting tasks
• Keeps all of your financial data and business information in one place, making it easy to find the information you need to make better-informed business decisions
• Features to help you easily sell online, get paid faster, and gain easy access to credit reports

Key Benefits

Microsoft Office Accounting Professional 2008 top 10 benefits
Office Accounting Professional 2008 is a complete accounting solution that helps small businesses more efficiently and effectively manage their business finances. Office Accounting Professional 2008 helps you save time on everyday tasks, work the way you want, and organize all your financial information in one place to get a complete view of your business, all with the familiar look and feel of the Microsoft Office system.

Here are the top 10 ways Office Accounting Professional 2008 can help you be more productive.

1. Get up and running quickly.
   Office Accounting Professional 2008 is easy to set up and use, just like other Microsoft Office programs. The Startup Wizard helps you get started quickly so that you can create your first invoice and are able to receive payments. The wizard imports your existing data from other programs such as Microsoft Office Excel, Microsoft Money, and Intuit QuickBooks so that you don't have to start from scratch. The Resource Center offers a single location to access helpful information such as an accountant finder, product demonstrations, community tools, and other product resources.
   
2. Save time on everyday tasks.
   Office Accounting Professional 2008 simplifies everyday tasks: you enter data once and then reuse it across commonly used Microsoft Office programs, avoiding tedious reentry and errors. You can create quotes and later convert them into invoices with just one click. Now you can convert sales orders to purchase orders and automatically generate purchase orders based on inventory levels. Office Accounting Professional 2008 helps you conveniently manage payroll and track transactions as you enter information, significantly reducing the time spent on these tasks. You can also use online banking to receive payments, pay bills, and automatically reconcile bank accounts.
   
3. Save time by using business templates
   Because Office Accounting Professional 2008 works smoothly with Office Word, you can easily export quotes, sales orders, packing slips, invoices, and other information to Word with a click. You can also customize templates that come with Office Accounting Professional 2008 to create professional-looking materials and documents. Choose from dozens of industry templates and Office Accounting automatically configures itself to how you run your business.
   
4. Get real-time insight into your business.
   Personalize your company home page to get a snapshot of information such as bank account balances, important reminders, and accounts receivable and payable on one screen. Use the Cash Flow Analyzer to track and forecast future cash flows to make better-informed business decisions. Create budgets and then run reports to compare forecasts to actuals. More than 70 predefined reports help you get critical financial information on aspects of your business such as sales, profit and loss, cash flow, item profitability, customer transactions, and much more. You can even customize these reports by setting filters, and get deeper insights into your business by using PivotTable dynamic views in Office Excel.
   
5. Tailor Office Accounting Professional 2008 to meet your needs.
   Using Office Accounting Professional 2008, you can easily create quotes, sales orders, invoices, purchase orders, reports, and more. You can customize forms to include relevant information fields and export these forms to Microsoft Office Word templates to sharpen the professional appearance of marketing materials and financial documents. You have the flexibility to create custom security roles and add or remove permissions to control employee access to sensitive information.
   
6. Simplify payroll and tax processes.
   Payroll services for Office Accounting Professional 2008 enable you to process payroll and to calculate and file local, federal, and state taxes.1 Payroll for Office Accounting offers multiple payroll options to meet your specific needs, and you can even print your paychecks through Office Accounting Professional 2008. You can also import employee timesheets and post the payroll and tax information to your books. Get more information on the attractively priced Payroll services.
   
7. Track employee time and job costs.
   Office Accounting Professional 2008 helps you achieve more accurate and timely employee billing. Working with Office Outlook 2007 with Business Contact Manager, employees can mark appointments in their Outlook calendars as billable time and, with a single click, transfer that information to Office Accounting Professional 2008 to create invoices. Office Accounting Professional 2008 also enables you track revenues and expenses to monitor total job profitability, create multiple budgets, compare actual revenue to projected revenue, and compare invoices versus quotes for better business planning.
   
8. Share information with your accountant or CPA.
   Using the Accountant Transfer Export Wizard, you can send your financial information to your accountant while you continue using Office Accounting Professional 2008 to run your day-to-day business. When your accountant is done updating the books, the changes get synchronized automatically. Microsoft Office Live can help you share information with security features with your accountant and others. The accountant also has the option of remotely accessing your financial information.
   
9. Sell on eBay.
   With Office Accounting Professional 2008, you can reach out to millions of potential customers on eBay. You can conveniently list items, check listing status, download orders, and receive payments in real time. After an item sells, all transaction records, including commissions and fees, are downloaded directly into Office Accounting Professional 2008, making both accounting and order processing more efficient. Support for multiple currencies enables you to buy or sell items from other countries.
   
10. Use PayPal and Equifax to do business with confidence.
    Using Microsoft Office Outlook 2007, you can generate an invoice that includes an integrated PayPal option to help you get paid faster. Customers simply click the PayPal link in the invoice to pay. Office Accounting Professional 2008 also provides a credit card processing option that does not require expensive terminals or a dedicated phone line. And Office Accounting Professional 2008 provides easy access to Equifax credit report services to obtain a one-time credit report or ongoing credit monitoring to help you evaluate business risks and make better decisions. Learn more about Equifax services for Office Accounting Professional 2008.

New Features

Office Accounting Professional 2008 includes new features to help you get started quickly, save time, sell online, and work more effectively with the Microsoft Office system. Key enhancements include:

• New--Spanish language edition. Manage your business in either Spanish or English. Switch between languages in just a few clicks, so you can manage your accounting, create invoices and print reports in the language of your choice.
• New--Office Accounting Resource Center. Get the most out of Office Accounting with demos, step-by-step guides, training videos and community forums, all conveniently available with one click in Office Accounting.
• New--Universal Import of Transactions. Import your existing financial data including transaction history from virtually any accounting package into Office Accounting via Microsoft Office Excel or CSV files.
• New--Budgeting tools. Easily create a budget in Office Accounting and track how your budget compares with your actual results.
• New--Bulk e-mail of documents. Mail merge Office Accounting data so you can email PDF or Word statements, invoices and other documents to multiple customers in one transaction.
• New--Scheduled Documents. Memorize your recurring transactions such as invoices or purchase orders to ensure nothing falls through the cracks. Recurring transactions appear as reminders on your company dashboard on the date you set.
• New--Convert sales orders into purchase orders. Save time and eliminate additional data entry by automatically generating a purchase order from a sales order.
• New--Re-order Inventory Automatically create purchase orders to replenish inventory that has fallen below a minimum level you set.
• Improved--Streamlined Microsoft Office Excel data import. No need to map fields from your spreadsheet to Office Accounting. Simply paste your accounting data into our preformatted Excel spreadsheet for easy import into Office Accounting.
• Improved--Business templates Choose from dozens of industry templates and Office Accounting automatically configures itself to how you run your business.
• Improved--Bulk processing of transactions. Process multiple transactions such as customer invoices, vendor payments or purchase orders all at once to save time.
• Improved--Enhanced reporting and analysis tool pack. Create your own Microsoft Office Excel and Microsoft Office Access reports and add them to the list of standard reports for easier access. Powerful analysis tools are now incorporated directly into Office Accounting for easier access.
• Improved--Expanded online banking features. Office Accounting supports more financial institutions than ever and sports a streamlined online banking sign-up process. And you can now synchronize vendors in Office Accounting 2008 with online payees you've set up with your bank.
• Improved--Preferred vendors. Designate preferred vendors for certain documents to reduce data entry and save time.
• Improved--Status watermarks. Print professional looking watermarks such as Paid or Not Paid on documents you send to customers.

Special Features for Accountants

• New--Accountant Business Template Export CPAs can set up clients with a custom chart of accounts based on a template they create.
• New--Show/Hide voided documents. Instantly see voided transactions so you can more easily spot mistakes or unusual transactions.

Product Highlights

Save Time and Work More Efficiently
During a typical day, small business owners and employees rely on a variety of documents to get their jobs done. Essential financial and customer information can be stored in diverse places such as paper files, Excel spreadsheets, Word forms, and other documents. In such a situation, accomplishing simple accounting tasks such as creating customer quotes, invoices, and sales reports can be time-consuming. Yet, for many small business owners and employees, the prospect of switching to a new accounting solution, even if that solution would save them time and resources, may be intimidating.

If your business is currently using any other accounting solution, Office Accounting Professional 2008 provides an easy and fast way to switch to a solution that will help you save time with everyday financial tasks. Office Accounting Professional 2008 tools are easy to use and have the familiar look and feel of the Microsoft Office system.

Get Started Quickly and Easily
Most small businesses do not have the time or IT staff to install and configure complicated business software. Office Accounting Professional 2008 is easy to set up and learn, so you can get started in just a few minutes. Because Office Accounting Professional 2008 looks and feels like familiar Microsoft Office programs, you can be productive right away with minimal effort or training.

Get Up and Running in Minutes
The Startup Wizard imports your existing accounting data from sources such as Microsoft Office Excel, Intuit QuickBooks 2006 or earlier, and Microsoft Money. The Startup Wizard gets your company's financial processes set up, connected, and working right away so that you can be writing your first invoice within minutes. Office Accounting Professional 2008 is intuitive and easy to use, and it doesn't require extensive training to become proficient. Best of all, Office Accounting Professional 2008 looks and works just like other familiar Microsoft Office system programs.

If you are starting a new business, the Startup Wizard makes it easy to select a list of your accounts and enter information about customers, vendors, and items. Your accountant or CPA can also use the Startup Wizard to set up accounts, taxes, and other accounting information.

The new Resource Center provides a single location to access helpful information to get you started. Get the most out of Office Accounting with demos, step-by-step guides, training videos and community forums, all conveniently available with one click in the Office Accounting Resource Center.

Import Data from QuickBooks and Other Sources
Office Accounting Professional 2008 is designed to import data from many sources. You can easily use existing financial information including transaction history and not be concerned about starting from scratch or losing valuable data. Import data from Microsoft Office system programs such as Excel and other accounting software such as Intuit QuickBooks 2006 and Microsoft Money.

QuickBooks 2006 users can easily import their data by using the Convert from QuickBooks Wizard. You can import all your QuickBooks data including master records such as chart of accounts, customers, vendors, items, employees, and supporting tables as well as beginning balances and transactions. If you are using a previous version of Office Accounting Professional, such as Office Accounting 2007, it is very easy to upgrade to Office Accounting Professional 2008.

Work in a Familiar Interface
Most small businesses rely on Microsoft Office programs to get work done. The familiar Microsoft Office interface and functionality help people communicate more effectively and be more productive right from the start. Office Accounting Professional 2008 helps extend that ease of use and productivity to managing your company's finances.

A Navigation Pane provides centralized navigation and easy access to home pages to start commonly performed tasks. Office Accounting Professional 2008 is so easy to use that you can be productive right away, whether you are new to accounting software or an advanced user. Furthermore, Office Accounting Professional 2008 works smoothly with Office Outlook 2007 with Business Contact Manager to provide customer information in one place.

Save Time Managing Everyday Tasks
Time is money, and routine but necessary accounting tasks such as tracking expenses and managing payroll can take up hours that could otherwise be spent growing your business. Even simple tasks such as paying bills and invoicing customers may require that information be written down or entered multiple times, which not only is time-consuming but can lead to errors. Office Accounting Professional 2008 streamlines those financial processes to help you manage everyday accounting tasks more efficiently.

Enter Information Once
Office Accounting Professional 2008 simplifies everyday tasks because you can share and re-use common data across different forms rather than re-typing the information. To make entering recurring transactions easier and faster, Office Accounting Professional 2008 tracks your transactions and stores the information for future use. You can easily share accounting data across other Microsoft Office programs you use. For example, within Office Accounting Professional 2008 you can easily export a quote to Office Word to create a professional-looking proposal customized for your business.

Easily Create Quotes, Invoices, and More
With Office Accounting Professional 2008, you can easily create common documents such as quotes, invoices, purchase orders, and more. For example, quickly convert information such as a customer quote into an invoice without tedious data reentry. You can also now convert sales orders into purchase orders automatically. With Office Accounting 2008, you can also easily customize each form to suit your business's specific needs. Office Accounting Professional 2008 works smoothly with Office Outlook 2007 with Business Contact Manager to put customer information and financial data in one place. From within Office Outlook 2007 with Business Contact Manager, employees can view financial information about customers and create quotes, orders, and invoices in Office Accounting Professional 2008--without having to transfer data from one program to another.

Track Expenses and Transactions Automatically
The process of paying bills and recording expenses is often inefficient. Writing down information to be entered later can be time-consuming and is prone to errors. Office Accounting Professional 2008 automatically tracks all transactions, including expenses, as you enter information. You can easily categorize income and expenses for tracking and reporting.

You can see detailed views of each transaction and audit transactions to understand changes made to records. To save time, advanced users can enter multiple transactions by creating numerous journal entries posting on different dates and relating to different accounts in one journal form.

Create, Modify, and Export Documents in Office Word
Because Office Accounting Professional 2008 works smoothly with Office Word, you can easily export quotes, sales orders, packing slips, invoices, and other information to Word with a click. If your business has already created personalized Word documents, you can reuse existing templates and documents. You can also customize templates that come with Office Accounting Professional 2008 to create professional-looking materials and documents. Choose from dozens of industry templates and Office Accounting automatically configures itself to how you run your business. The Write Letters Wizard is an easy way to create and modify letters from Word templates for your customers, vendors, and employees.

Automate Bank Accounts
Businesses must track banking activities to keep tight control on the flow of funds into and out of the company. If your business has an online banking account, you can download your records from the bank or other financial institution directly into Office Accounting Professional 2008. The Online Banking Wizard helps you easily set up and use the online banking feature.

Office Accounting Professional 2008 helps you manage multiple company bank accounts and maintain a consolidated view of the various accounts. The Banking home page summarizes your company's banking activities. From the Banking home page, you can easily write and print checks, make deposits, reconcile your bank accounts, and perform other banking tasks.

Office Accounting Professional 2008 supports more financial institutions than ever before and includes a streamlined online banking sign-up process. You can now synchronize vendors in Office Accounting 2008 with online payees you have set up with your bank.

Automate Customer Payments
You can customize and organize customer payments with Office Accounting Professional 2008. With the credit card processing option, accept credit and debit card payments to better serve your customers and reduce transaction costs. For credit card purchases, you can print receipts and create customer credit memo templates for future transactions.

Track Employee Time and Costs
Billable time is the livelihood of service businesses. You can track and manage employees' billable time directly in Office Accounting Professional 2008 through the Time Entry form. Office Accounting Professional 2008 can then use the billable hours to create customer invoices.

Many companies, such as consulting firms and contractors, organize their businesses around specific customer jobs. Office Accounting Professional 2008 helps you track revenues and expenses by job, and monitor and compare total job profitability. You can also track estimated versus actual job costs and compare invoices versus quotes. This data becomes useful for business planning such as increasing the accuracy of futur