Small business owners are fortunate to have a choice of feature-rich, flexible, and affordable entry-level accounting packages. Eventually, though, successful businesses grow and will often find that the very accounting software that once made things more efficient is now bogging down operations. Here are five unmistakable signs that it is time to replace your entry-level application with financial management software designed for midsize companies.
#1 Your CPA advises you to upgrade. CPAs do not go out of their way to spend clients’ money if it’s not absolutely necessary. So, if the CPA’s advice is to run the business with a more capable financial management package, that’s probably a good idea. And it’s also likely that this advice is reflective of one or more the following four reasons.
