I am doing enough web business that I need an accurate way to keep track of everything other than Excel.
I am looking for a basic accounting software that I can keep track of assets, equity, revenue, expenses, etc.
I would like to be able to customize the chart of accounts, just enter basic transaction into a general journal, and have the software generate a balance sheet and income statement. Being able in import Excel data would be great.
Well Quickbooks is the best software for small businesses it is hard to find something better.. though it depends on you structure lets say if you have 2 companies maybe PeachTree would be better because it support multiple companies in file so lets say when you transfer money or domain names from one company to another you can do a lot easier and faster then when you use software that does not support multiple companies.
I think tally 7.2 is the best software for accounting purpose. There are facilities of all kind of transactions and you do not want to open excel sheet.