Microsoft launches free office accounting software for small business

Microsoft has announced the launch of Microsoft Office Accounting 2008, which aims to enable small businesses, from sole traders to businesses with up to 25 employees, to more effectively manage their finances.

Around 30 per cent of small businesses fail within three years, with poor financial management cited as a major contributor.

Two versions of Office Accounting, which is certified by both HM Revenue & Customs and the Institute of Chartered Accountants in England and Wales (ICEAW), are available. Office Accounting Express is free and is designed for new and home-based businesses. Office Accounting Professional costs £149.95 and offers additional features such as stock management and job costing.

Gareth Arnold, office accounting product manager at Microsoft UK, observes: ‘Many small business owners today manage their business with a simple spreadsheet or have a shoebox of receipts, so they lack a comprehensive picture of their finances. Office Accounting brings this data together in one place, giving them far better control over their finances and cashflow.’

You can download both versions, including a free 60-day trial of Office Accounting Professional, from www.msofficeaccounting.co.uk

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