Did you know that it is actually possible to update a transaction in Microsoft Office Accounting (also known as Small Business Accounting)? It is!
While I’m still not sure if I like the product, I have to say that it’s actually not bad. It is more of a true ledger system than something like Quicken. In Quicken, for example, you can go in and edit to your heart’s content – even after posting. Not so in Microsoft. You post it, you’ll have to void and re-enter. That’s more of a true accounting product. It’s a pain, but it means you can’t just go and change stuff after you have posted it. I respect the decision, but there are times I want to get around it, you know?