Here are some guidelines on how to choose the right one:
1. Is it easy to use? Check if the software is user-friendly, that is easy to understand and is simple to use. Believe me, you wouldn't want to make things more complicated than it actually is.
2. Compare the different features. Most all-in-one accounting programs have invoices/account receivables, account payables, inventory control, payroll and employee management, project/job management and reporting. If these are the only features you need for your business, then you can go with the basic kind instead of the premium.
3. If you are interested in an accounting software that's a bit complex (especially in installing it), check on the availability for help documents and support services.
Because more companies are releasing new accounting softwares today, choosing the right accounting software for your small business can be a daunting task. What you just need to do is to think of your business' specific need and compare that with what's available on the market.