Whether your business is big or small, it is important for you to know the whereabouts of your money. You should know where it is coming from and where will it go. If you have a small business set up, you can do your accounting work manually, but surely it is cumbersome and will take a hell lot of time. What if you have something by which you can do your accounting quickly?Accounting software comes into the picture to fulfill your wish. There are various accounting software programs that simplify your small business accounting tasks, and provide all the reports and tools you need to effectively use your financial data. Below are some of the most popular accounting software:

1) One popular accounting software is Simply Accounting Software. It features accounting and payroll package with reports any small business needs, including Internet and e-commerce features. It can be used by multiple users. This accounting program is very easy to learn.

2) Another popular accounting software is MYOB Plus Accounting Software. It is a double entry small business accounting software. It has user friendly interface and over 100 financial and management reports. It includes direct one click access to MS Word and Excel. It can be used by multi-users, at one go.

3) Intuit QuickBooks Accounting Software is a small business accounting software which has full featured accounting and payroll program. QuickBooks is available in Basic, Online, Pro, and Premier editions; the Pro Edition of this accounting program includes management tools such as a Vehicle Mileage Tracker and a Cash Flow Projector.

4) Peachtree Complete Accounting Software is a small business accounting software, the complete version of which encompasses over 125 reports and features such as in-depth inventory, time and billing and job costing. The accounting program comes loaded with multi-user ready and "value packs" for 3 or more users.