Abort! Abort!
Microsoft Accounting Express 2008 is a TERRIBLE piece of software that should not be downloaded by anyone, ever.
I've been putting my business receipts and expenses into Accounting Express 2008 for a while now. Most often, I do it at the end of my day before I shut down my system to go spend some quality time with my family. (If I don't shut it off, I can hear it calling for me.) Therein lies the flaw in my previous review of the product.
I am very stingy with my startup services and programs. So, when MS Accounting Express 2008 added some startup services, I shot
them down and put them on manual. No problem. Had I not done that, I might have noticed that those services are the mini-versions of SQL Server which is the database system Accounting Express 2008 uses.
Today, after falling behind the previous day, I ended up doing my accounting stuff in the middle of the day instead of at the end. Ever since then, the extra fan on my PC has been blowing and I can hear the hard drive chattering away. Now, sometimes that just happens, but it was still going after I closed all my open programs. So, I fire up Process Explorer to see the SQL Server process not only still running, but using 323 MB of RAM! Are you kidding me? I've heard of bloatware, but that is absurd, especially when you realize my business isn't that complex.
To see if it was just a glitch I ran it again. Same result. The SQL Server process will not close, ever. If Microsoft had its way, it would launch on startup and sit there wasting 300+ MB of RAM all day long. The only reason it has worked for me so far is that I've been rebooting and shutting down those resource hogging services without realizing it.
So, the new recommendation is:
MS Accounting Express 2008 -- 0 out of 5 stars with a two star penalty for horrendous resource usage
I hearby encourage you to find any other product possible.
Since the first days of Windows, Microsoft has done well by expanding its offerings over the top of rivals who were in the marketplace first. Computer users with a couple decades of experience remember the names of products like Lotus 1-2-3 and Paradox. At one time these programs were the best in the business and the Microsoft versions were a joke. Of course, Microsoft caught up and pretty soon, the other companies were out of business. But that model has not worked in the realm of business accounting.
Microsoft offers a comprehensive accounting software that can run the most complex of businesses. Yet, Quickbooks and Peachtree continue to rule the niche with dozens of other players (including European company Sage) making strong showings as well. So, Microsoft has dusted off the Internet Explorer strategy (give it away for free) and modified it slightly (give the basic version away for free) and begun handing out Microsoft Account Express for free.
Microsoft Accounting Express is the basic version of Microsoft's business accounting software, but make no mistake, just like TurboTax Basic is good enough to handle the vast majority of tax filers, Microsoft Accounting Express is good enough to handle most small business accounting, especially if you do not have any employees.
There are actually four versions of Microsoft Accounting. Only the Express version is free. So, what are you missing out on? Frankly, nothing that I would use. Budgeting and forecasting are available in other tools. Maybe this is good for bigger businesses, but one man shops like mine can see wild swings from quarter to quarter based on a big client coming in or falling through. No accounting software will analyze that. Budget? Are you kidding? I buy what I have to and everything else waits for the cash flow. We aren't talking about a CFO and a Board of Directors at most small businesses. (If you have a Board of Directors, I can pretty much guarantee that you are looking at too low a tier for your accounting package.) That is it! Microsoft's own feature list of "Everyday accounting tasks" shows just that one difference (the others have more canned reports). All the other differences involve things like foreign currency, inventory re-ordering, and so on.
Overall, if you are at that stage where you have been running your business with a hodgepodge of other programs and making do with Excel spreadsheets and the like, then Accounting Express is a great way to try and transition to more polished accounting. If you already are using accounting software, there is no reason to transition to Accounting Express.
Not recommended for businesses with employees (maybe 1 or 2) or for business that have complex inventory or ordering systems.
Not recommended for business that have implemented a CRM solution.
Rating: 3 stars out of 5 stars