Microsoft Office Accounting Professional 2008 version comparison

Compare the features of Microsoft Office Accounting Professional 2008 software with previous versions to see how upgrading can benefit you and your business.

---

• Save time and get more done

• Get a complete view of your business

• Grow your business

• New and improved features for accounting professionals

---

Save time and get more done

KEY:
= Feature Included = Improved in Office Accounting Professional 2008  = New in Office Accounting Professional 2008

Features	Small Business Accounting 2006	Office Accounting Professional 2007	Office Accounting Professional 2008
Startup Wizard Get your company set up, connected, and working right away, and start writing your first invoice within minutes.
Resource Center Access helpful demos, step-by-step guides, training videos and community forums from a single location.
Import information Import data from Intuit QuickBooks, Microsoft Office Excel, and Microsoft Money. With Office Accounting 2008, you can import from virtually any accounting package.
Familiar Microsoft Office interface Easy to learn and use, as it looks and feels the same as other intuitive Microsoft Office programs you use daily.
Enter information only once Now share and reuse common accounting data smoothly across frequently used Microsoft Office programs and avoid tedious re-entry and errors.
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 a single transaction.
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.
Business templates Choose from dozens of industry templates and Office Accounting automatically configures itself to how you run your business.
Journal entry In a single journal entry form, you can enter multiple transactions that have different dates or are for different accounts.
ADP Payroll Use the online payroll functionality powered by payroll-industry leader ADP to process payroll, calculate and file taxes, and print checks.1
Online banking Automate bank accounts and customer payments, easily write and print checks, make deposits, reconcile accounts, and perform other banking tasks online.
Online banking — vendor/payee synchronization Synchronize vendors with online payees you’ve set up with your bank.
Track employee time and job costs Employees can mark appointments in their Microsoft Office Outlook calendars as billable time, and then transfer that information to Office Accounting Professional 2008 to create invoices.2 Timesheets can also be submitted for payroll. Expenses can be tracked to monitor total job profitability for better business planning.
Track and forecast inventory The inventory system tracks items, calculates value, and automatically updates quantities when you create invoices or take returns.

¹ Requires purchase of an additional third-party service.
² Requires Microsoft Office Outlook 2007 with Business Contact Manager.

 Top of Page

Get a complete view of your businesss

KEY:
= Feature Included = Improved in Office Accounting Professional 2008  = New in Office Accounting Professional 2008

Features	Small Business Accounting 2006	Office Accounting Professional 2007	Office Accounting Professional 2008
Budgeting tools Easily create a budget in Office Accounting and track how your budget conpares with your actual results.
Business Contact Manager for Outlook Integration Wizard The synchronized data-sharing capability enables you to make changes in one program and quickly see the updates in the other. 3
Customizable security roles You can add or remove permissions and even create custom roles to control employee access to important financial information.
Accountant Business Template Export CPAs can set up clients with a custom chart of accounts based on a template they create.
Microsoft Office Live integration Now, by using the Office Live service, you can more securely transfer data to and from your accountant.4
Integration with Microsoft Office Outlook 2007 with Business Contact Manager You can track customer and financial information together to get more complete information about your customers.
Easy-to-use reporting Use more than 70 predefined reports to get insight into all aspects of your business. Customize the reports to fit your business needs.
Enhanced cash basis accounting Enhanced cash-basis accounting provides you with more flexibility and accuracy in understanding the cash flow of your business.

³ Requires Microsoft Office Outlook 2007 with Business Contact Manager.
⁴ Additional subscription fees may apply.

 Top of Page

Grow your business

KEY:
= Feature Included = Improved in Office Accounting Professional 2008  = New in Office Accounting Professional 2008

Features	Small Business Accounting 2006	Office Accounting Professional 2007	Office Accounting Professional 2008
Online Sales integration By using the new Online Sales functionality, you can list inventory items and track activity in real time on marketplaces such as eBay.5
Equifax Credit Report Services Obtain one-time credit reports or monitor the credit of your customers on an ongoing basis to do business with confidence.5
Microsoft Office Live Online Sales Use Office Live to create a professional Web presence for your business and easily post and track inventory items to generate online sales.
PayPal payment option Offer customers a PayPal payment option, which is convenient for them and helps you get paid faster.5
Microsoft Point of Sale integration Combine Office Accounting Professional with Microsoft Point of Sale to create an integrated retail solution to track sales, inventory, and customer information as well as run financial reports.
Credit card processing You can accept credit card 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.
Multicurrency support Now you can do transactions in foreign currencies with customers and vendors. Office Accounting handles the complexity of currency conversion and reconciliation easily.

⁵ Additional third-party service required and fees may apply.

 Top of Page

New and improved features for accounting professionals

KEY:
= Feature Included = Improved in Office Accounting Professional 2008  = New in Office Accounting Professional 2008

Features	Small Business Accounting 2006	Office Accounting Professional 2007	Office Accounting Professional 2008
Accountant Business Template Export CPAs can set up clients with a custom chart of accounts based on a template they create.
Show/Hide voided documents Instantly see voided transactions so you can more easily spot mistakes or unusual transactions.
Accountant View This feature provides a centralized location for accountants to easily manage multiple business clients and complete common tasks such as reporting, journal entry, and payroll.
Enhanced cash basis accounting Accountants have the flexibility to customize cash-basis reporting settings for each business client’s accounts based on the nature of their industry. There is more accuracy now because the transactions are captured on the basis of these settings.
Payroll Center for Accountants Accountants can run and manage payroll processing for multiple business clients from a single dashboard.
Accountant Transfer Wizard Business clients can send their accounting books to their accountant for adjustments and still continue to use Accounting Professional for their day-to-day business transactions. When the accountant is done working the books, the changes can be merged smoothly.
Journal Entry Worksheet This new feature enables you to enter multiple accounts, customers, and vendors in the same journal entry form. You can now create numerous journal entries, posting on different dates and with different accounts, and be more productive.
Office Live integration Integration of Accounting Professional 2007 with Office Live services enables accountants to collaborate and share financial information more securely with their business clients.

 Top of Page