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Microsoft Office Accounting Professional 2007

An accounting software system designed by Microsoft.
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This product has been discontinued, and is no longer available for purchase.

Microsoft Office Accounting Professional 2007 is a comprehensive financial management program designed for companies with up to 25 employees. It allows small business owners and office managers to manage their business financials using software that is easy to set up and has the familiar look and feel of Microsoft Office 2003.

Accounts Payable

Print checks and pay bills.

Accounts Receivable

Create quotes, orders, and invoices.

Budgeting

Small Business Accounting 2006 includes a flexible cash-flow management tool that keeps track of invoices, bills and payments to help businesses manage and predict cash flow easily. Small-business owners can model rich ‘what-if?’ scenarios for different time periods to help forecast future cash flows and easily make decisions about which customers to contact or which bills to pay.

General Ledger

Easily track profit and loss.

Inventory Management

Small Business Accounting 2006 helps companies manage and track their inventory, using the first-in, first-out (FIFO) valuation method. Small businesses can use purchase orders to order new inventory items, and then receive items in the system as they come in. Inventory quantities are depleted from the system as invoices are created to help maintain accurate inventory levels. Companies can also track and adjust their overall inventory quantities in the system, in real time, and can use the physical inventory worksheet to perform a physical count.

Order Entry

From within Outlook 2003 with Business Contact Manager, employees can create quotes, sales orders and invoices that can then be transferred directly into Small Business Accounting 2006. Opportunities created in Outlook 2003 with Business Contact Manager can also be converted into quotes, sales order and invoices and moved to the accounting solution. This greatly reduces the need for retyping and the risk of errors through data re-entry, and places invoices and other business documents directly into the network quickly and easily, resulting in enhanced cash flow.

Purchase Orders

Small Business Accounting 2006 enables tracking of vendor transactions, so small businesses can keep on top of the supply chain. Users can customize vendor lists, print checks, and create new purchase orders and credit memos.

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