The way small businesses keep the books is rapidly changing as mobile technology expands. Paper ledgers are an ancient artifact and even desktop software is starting to look dated compared with smartphone applications that let business owners keep track of expenditures and payments on the go.
As the technology improves, so, too, do the business uses for it.
When choosing an accounting package that's right for you, look for programs that are specifically tailored to fit the business needs of different industries, says Doug Sleeter, president of accounting software consultants The Sleeter Group. For example, accounting software publisher Sage50 has four different industry-specific solutions, including one for construction firms and another for non-profits.
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