SELECTION OF ACCOUNTING SOFTWARE TOOLS FOR SMALL BUSINESSES: ANALYTICAL HIERARCHY PROCESS APPROACH

A study focuses on the need of a structured methodology for evaluation and selection of small business accounting software tools. There are competing accounting software tools available for small businesses. This research considered three such tools namely QuickBooks by Intuit, Peachtree by Sage Sof...

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Bibliographic Details
Published inAllied Academies International Conference. Academy of Accounting and Financial Studies. Proceedings Vol. 11; no. 2; p. 39
Main Authors Maheshwari, Sharad K, McLain, Michael P
Format Journal Article
LanguageEnglish
Published Arden Jordan Whitney Enterprises, Inc 01.07.2006
Subjects
Accounting
Accounting systems
Cash flow forecasting
Decision making
Hierarchies
Small business
Software packages
Software reviews
Software utilities
Studies
Taxation
User needs
United States > US
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Summary:A study focuses on the need of a structured methodology for evaluation and selection of small business accounting software tools. There are competing accounting software tools available for small businesses. This research considered three such tools namely QuickBooks by Intuit, Peachtree by Sage Software and Microsoft Office Small Business Accounting by Microsoft Corporation. Every accounting software tool is not the best suited for every possible need of a small business. Furthermore these tool change with the time therefore their quality and applicability changes with time. This creates a need of an easy and systematic method for evaluation of these software tools. The study presents an analytical hierarchy process (AHP) (Saaty, 1980) based scheme, which allows quantifying the qualitative decision criteria involved in selection of the accounting software tools for small businesses.