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1. Comment - MS to Launch SMB Accounting Software

   (Aug 15, 2005 - 3:56 AM)

   I have been testing the trial version of this software for about a month now.
   
   Yes, it looks very promising.
   1) The interface is very user friendly.
   2) The program is much more of an accounting system than is MS-Money (for Small Businesses).
   
   HOWEVER in the current version of MS-SBA:
   1) There is no way to import any data from MS-Money.
   2) There is no way to import an already-downloaded bank statement (that was downloaded in Money or QuickBooks format). Ergo the only way to import transactions into the program is via the built-in MS-SBA online connectivity.
   3) Unfortunately, the built-in MS-SBA online connectivity is currently only compatible with Wachovia Bank. (And some users on the MS-SBA Support forum claim that Wachovia does not work either.) To view MS' miniscule list of supported banks, see here: http://sba.microsoft.com/bank_list.html
   
   In short, MS needs to seriously beef up MS-SBA's online integration if it wishes to get this product off the ground. I cannot see businesses going back to the old-model of manually typing in and categorizing each bank transaction.