I am currently using Quickbooks for another business but not using it for my ecommerce retail music book business. I'm tracking everything manually at this point but am trying to make a decision on accounting software and the inventory aspect is my main area of concern. It seems that Quickbooks' lack of costing methodolgies (uses average cost only rather than LIFO/FIFO options) is a serious drawback since our product costs do fluctuate from time to time. In my research of Peachtree, I see that it is more flexible and allows other cost methodologies. Can anyone else share your experience in regard to this issue tell me about any other accounting software that you might recommend for a small retail business? Thanks.
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