Microsoft has released a free Accounting software on the lines of Intuit Quickbooks and it is called Microsoft Office Accounting Express. It is a successor to the Office Small Business Accounting 2006 (SBA). It is a desktop based application and is designed to be used on a single desktop. It is currently supported on Windows 7, Windows Vista and Windows XP. It uses SQL Server Express database as its backend (is installed as part of the application install).

Microsoft Office Accounting Express 2009, a free Microsoft accounting lite version 2009 to ease your daily finance accounting operation with other Microsoft office productivity tools. This free Microsoft accounting express software is normally suitable for small businesses owner with few limited on accounting features only.

Using Microsoft Office accounting express 2009 version is simple like using office tools, you can performs daily accounting tasks such as create quotes and invoices, tracking time and expenses and bank online, tracking employee time, managing payroll and taxes and all that a personal accountant can do. Beside that, Microsoft office accounting allowing you to import any Excel sheet like invoices, bills etc into Office Accounting Express. Plus more, this MS accounting express 2009 doesn't manage inventory and sales and purchase orders plus ads supported on it.

However, you can upgrade the office accounting 2009 express to professional version by paying 200USD extra. Then you can get rid of the supported ads plus enjoy other extra accounting tools like reach out to millions of potential customers by taking your business online from simplifying sales using eBay integration tools which making sure that you get paid faster, third payment party service like Paypal or Credit Card services, accounting inventory and viewing accounting information conveniently on your desktop with the Amounts to Pay Today gadget.

Features:
1. Save time on everyday tasks
2. Create quotes and invoices; track expenses and employee time
3. Enter data once and share it seamlessly with other Microsoft Office system programs
4. Manage payroll and taxes with ADP's integrated payroll service
5. Get a complete view of your business
6. Store and organize all your customer, vendor, employee, and financial information in one place
7. Get business insights with over 20 customizable reports
8. Easily share your books with your accountant through Office Live
9. Grow your business online
10. List items on eBay, track sales activity, and download and process orders
11. Email invoices and get paid faster with PayPal
12. Monitor your customers' business credit in real-time through Equifax
13. Share your financial data with your accountant easily through Office Live
14. Core Accounting (General ledger, A/R, A/P, invoicing, bill payment and online banking)
15. Integration with Microsoft Word, Excel and Outlook
16. Integration with add-on services for payroll, credit card processing, eBay and many others
17. Visit the Resource Center to get help with common questions

The top ten benefits of using Microsoft Office Accounting Express :
1.Easy to learn and use (based on MS Office Programs)
2.Spend less time managing everyday tasks
3.Enter data only once (information shared across all office programs from a central location)
4.Store and organize your information in one place
5.Sell on eBay (list items, upload and manage pictures, and track activity in real time on eBay from inside the tool)
6.Know how your business is doing (using 20 predefined reports)
7.Get paid faster (integration with PayPal and acceptance of major credit and debit cards)
8.Track employee time and process payroll (integration with ADP Payroll services)
9.Do business with confidence (monitor your customer's credit in real time through Equifax.)
10.Easily share information with your accountant (share financial information with your accountant securely using Office Live)

The license of this software is Freeware, you can free download and free use this accounting software.